The billionaire spends time in a dining room at LVMH headquarters over lunch to find an heir. It is decided to meet his five children once a month. During lunch, business matters will be discussed and advice will be taken from the children. A person who devises business strategies for the growth of a luxury brand may be the next heir.
According to reports, Arnold will seek advice from her five children. Including their comments on specific managers in the company will be accepted. There are those who ask what is wrong with Arnault.
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Some argue that one of the brands of luxury French conglomerate LVMH has been destroyed. Anyway, Arnault is having a great audition to see which of his sons will lead the luxury business empire. Although the billionaire has not yet given any indication of who will be chosen as his successor, excellence will be the basis. It is only indicated that the selection of the business leader will be based on merit.
Arnold had already made special plans to prepare his sons to take over the company in his absence. All the sons have been appointed in key positions in various companies. A big brand in the business empire of SHVMH Christian Dior is headed by his eldest daughter Define. Another son, Anrein, heads the holding firm that oversees LVMH and other family firms. Frederic Arnault’s daughter is Tag Heuer’s CEO. Other sons are also in charge of various luxury brands.
