Bernard Arnault is the richest person in the world ForbesHe has a fortune of $200.8 billion. The bulk of this revenue comes from LVMH (Louis Vuitton Moët Hennessy), the business group dedicated to the luxury industry.

There are more than 70 fashion, vineyard, cosmetics, watches or jewelry brands under its umbrella, such as Louis Vuitton, Tiffany & Co, Moët & Chandon, Dom Pérignon, Ruinart, Céline, Christian Dior, Fendi, Givenchy, Guerlain, TAG Heuer. or Loewe.

Chess moves to position your pawns

The 75-year-old French billionaire is beginning to prepare the ground for his gradual withdrawal from his role as CEO of the company.

For the last few years, the businessman has been associating his children with different firms of the company. Now he is making much more assertive moves, to settle heirs in the main management positions of the business consortium. These are the boys who will replace Bernard Arnault and what positions they will occupy.

Bernard Arnault has five children from his two marriages. The first of these was with Anne Dewavrin, to whom he was married between 1973 and 1990. By him he had two eldest children, Delphine and Antoine Arnault. He married pianist Hélène Mercier-Arnault in 1991 and has three youngest children with her: Alexandre, Frédéric and Jean.

Delphine Arnault

Delphine Arnault is the elder sister and only daughter of the new generation called upon to lead the company in the coming years. Like his father and many of his siblings, he was born in Roubaix in 1975.

His training was focused on the financial management of his father’s company. He studied at EDHEC Business School in Paris and the London School of Economics. After completing his education, he started working at the consulting firm McKinsey until he joined the family company in 2020.

Delphine Arnault, 49, serves on the Board of Directors of LVMH and combines this role with the following position: CEO of Christian Dior Couture. In the past, he served as deputy general manager of Louis Vuitton.

Antoine Arnault

Antoine is 47 years old and, like his sister, was born in the French town of Roubaix. Like his sister, his education was already focused on business management, but he chose a place a little further away to study. He studied at HEC in Montreal and graduated from the prestigious Institut européen d’administration des affairs (European Institute of Management) in Fontainebleau, France.

His passion for art and his closeness to his father place him in the best position to replace Bernard Arnault as head of the family holding. Right now, CEO of Berluti and Loro Piana brandsand is also a member of the LVMH Executive Committee.

Alexandre Arnault

Alexandre was the first child of Arnault’s second marriage, born in 1992. Only a year has passed since the marriage. Following in his father’s footsteps in his education, he graduated from the same engineering school, École Polytechnique, with a specialization in Computer Engineering.

After completing his education, he quickly began to gain business knowledge as an analyst at consulting firms such as McKinsey and investment funds such as KKR.

He is undoubtedly the most social and talkative of the siblings and has gained the reputation of being the “friend of celebrities”. His ability to navigate social networks and connect with influencers, celebrities and artists has made Alexandre the company’s best ambassador.

For years, Alexandre served as CEO of German luggage company Rimowa, owned by LVMH. Arnault’s middle son surprised everyone by obtaining this management position just three years after completing his education; It took almost a decade for his brothers to reach this level of management.

In 2021, Bernard Arnault appointed him to this position, giving him greater responsibilities. vice president of product and communications at Tiffany & Co..

Frederic Arnault

Frédéric is the second son of Hélène and Bernard’s second marriage. Unlike his older brothers, Frédéric’s education was focused more on physics and mathematics. He graduated from the prestigious Lycée Louis-le-Grand in Paris, majoring in mathematics, physics and computer science. His education continued, as did his father and older brother, at École Polytechnique, where he earned a degree in Computer Science and Applied Mathematics.

This technological knowledge helped him become part of the technology department of watch brand TAG Heuer and rise to managing director. Just a few days ago the name of the young 29-year-old Frédéric was announced. CEO of Financiere AgacheIt is one of the holding companies belonging to the family business group.

Jean Arnault

At 26, Jean is the youngest of the Arnault clan and has just joined the family business.

He spent his entire university education outside France; He graduated in mechanical engineering from Imperial College London and then completed an MBA in financial mathematics at the prestigious Massachusetts Institute of Technology (MIT).

As for his short working career, for now he has limited himself to learning the management of the jewel in the crown: Louis Vuitton. After working briefly in the company’s sales department, he became the marketing and development director of the brand’s watch division. Now manage that section.

in Xataka | Elon Musk, Zuckerberg or Arnault are losing billions of dollars. Stock market earthquake shook the fortunes of the richest

Image | Flickr (Jérémy Barande), Louis Vuitton (Jean-François Robert)