The children of Bernard Arnault — the world’s richest man — are friends with Jay-Z and Beyoncé and married to supermodels. But who will take over his luxury company, LVMH, once (or perhaps if…
, the second-largest brand in her father’s luxury empire. It marks the highest-level operational role ever filled by one of the luxury tycoon’s five children and raises the “Succession”-like question of who will one day take over the family business. Which, in this case, happens to be the world’s largest luxury conglomerate.
He has long made clear in interviews that control of the family business will remain in the family — with responsibilities doled out according to each child’s abilities. But the question of who will inherit his leadership position is said to be an uncouth topic within the business. And despite the recent promotions, industry watchers agree there isn’t a clear successor yet.A representative for LVMH declined to comment on any succession plans.
Bella Hadid joined the Arnault family — Alexandre, Frédéric, Bernard and Delphine — at a 2020 Vuitton show.“I feel like I’ve been in an MBA since [I was] born because every lunch or dinner conversation is probably about the business,” said Alexandre during a talk at Oxford University last year. “There is pressure, of course, but it’s also only if I meet the expectations.
and Roger Federer, appears to be the most American of his siblings — fluent in startup language that also befits his position as the first millennial Arnault heir. Two years ago, he Instead of posting pictures of themselves in private jets or private islands on social media, the children’s accounts focus on their latest projects for their various brands and simple family photos. They reveal glimpses of their personal passions . Even the youngest, Jean, is in a long-term romantic relationship, with a posh young French woman Zita d’Hauteville.
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