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https://www.wsj.com/articles/bernard-arnault-worlds-richest-children-lvmh-ceo-f7a67a03


Bernard Arnault and wife Hélène Mercier-Arnault, center, with, from left,
Alexandre, Frédéric, Jean, Delphine and Antoine Arnault. LEWIS
JOLY/SIPA/ASSOCIATED PRESS


THE WORLD’S RICHEST PERSON AUDITIONS HIS FIVE CHILDREN TO RUN LVMH, THE LUXURY
EMPIRE


BERNARD ARNAULT DRILLED HIS OFFSPRING IN MATH WHEN YOUNG, ASSIGNED THEM COMPANY
ROLES AND MENTORS AS ADULTS, THEN MADE THEM JOINT OWNERS OF A FIRM EMPOWERED TO
RUN THE LUXURY CONGLOMERATE


Bernard Arnault and wife Hélène Mercier-Arnault, center, with, from left,
Alexandre, Frédéric, Jean, Delphine and Antoine Arnault. LEWIS
JOLY/SIPA/ASSOCIATED PRESS
By
Nick Kostov and
Stacy Meichtry
April 19, 2023 10:52 am ET

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PARIS—Once a month, Bernard Arnault gathers his children for lunch inside a
private dining room at the headquarters of LVMH Moët Hennessy Louis Vuitton SE,
his globe-spanning luxury goods company.

The meal, which lasts exactly 90 minutes, begins with the French billionaire
reading aloud discussion topics he has prepared on his iPad, according to people
close to him. Mr. Arnault then goes around the table, asking each of his five
adult children for advice. He’ll seek an opinion on specific managers at the
company, the people said, or whether it’s time for a shake-up at one of LVMH’s
myriad brands, which stretch from the Champagne vineyards of France to
handbag-making workshops in Italy and Texas.


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