Bernard Arnault, the richest person in the world and CEO of the luxury goods giant LMVH, has put his daughter in charge of Christian Dior. Pietro Beccari, who is going to be CEO of Louis Vuitton, is being replaced by Delphine Arnaut, who is 47 years old.
LVMH Moët Hennessy Louis Vuitton is the biggest luxury goods company in the world. Arnault, who is now 73, began the company in 1987. It is the parent company of many well-known brands, like Bulgari, Celine, Fendi, Givenchy, Veuve Clicquot, and Dom Perignon. LVMH has businesses in more than 70 different countries.
Bloomberg says that Arnault is worth $178 billion right now. He is now $50 billion richer than the CEO of Tesla, Elon Musk. Musk was the first to lose $200 billion last year…Read More
Source: California Gazette
Loading comments...