French billionaire Bernard Arnault has appointed his son Frédéric as head of one of the family holding companies controlling LVMH, the latest in a series of promotions for the 29-year-old scion within the world’s largest luxury group. The fourth of Arnault’s five children, Frédéric will ...
IN BRIEF: ARNAULT HONORS...GOLD MINED...FAMILY AFFAIRS.(Bernard Arnault promoted, Welsh Gold PLC)(Tobias Forster sells shares of Forster Rohner to his brother Ueli Forster)Palmieri, Jean E
when his French rival, François Pinault, took control of Gucci, the Italian fashion house that LVMH had been pursuing. Although Arnault has denied any resentment over this unusual defeat, when the Pinault family donated €100 million to rebuild Notre Dame Cathedral after the 2019 fire, the ...
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