The Arnault Family: When $500 Billion Splits Your Children
ฝัง
- เผยแพร่เมื่อ 2 ส.ค. 2024
- In a few short years, The Arnault Family will have a $500 billion decision about who will take control of the mammoth-sized LVMH Empire. Bernard Arnault has not indicated which of his children will take control of LVMH's empire, but the options seem quite clear.
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TIMESTAMPS:
0:00 Introduction
1:22 Chapter 1: The Life of The “Wolf In Cashmere”
4:15 Chapter 2: The Origins of the Arnault Family
8:09 Chapter 3: The Rise of Bernard Arnault
12:21 Chapter 4: Fame and Fortune
16:30 Chapter 5: The Future of The Arnault Family
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Bernard Arnault, with a net worth fluctuating between one hundred eighty to two hundred ten billion dollars, stands as a titan in the luxury goods market.
As the chairman and CEO of L.V.M.H., he commands a portfolio of 75 prestigious brands, including Louis Vuitton, Christian Dior, and Tiffany & Company.
This episode takes a deep dive into his ambitious and strategic expansion, starting with the takeover of L.V.M.H. in 1989.
His leadership style, known for its meticulous attention to detail and bold expansion strategies, has propelled the company to a global leadership position.
Viewers will be taken on a journey through Arnault's life, beginning in Northern France, where his family laid the foundation for their future empire.
The focus then shifts to Arnault's early years, highlighting his education at the École Polytechnique in Paris and his initial foray into the family business.
The narrative explores his strategic shift from construction to real estate and his eventual monumental leap into the luxury goods sector, notably with the acquisition of Christian Dior.
The episode further explores Arnault's transformative impact on Christian Dior, emphasizing his focus on streamlining operations and nurturing core luxury brands.
The merger of Louis Vuitton with Moët Hennessy in 1987 marks a significant chapter in the creation of a luxury empire, leading to the establishment of L.V.M.H. as the largest luxury products company globally.
The story of Bernard Arnault is not just about business acumen; it's also about his personal life. His marriage to Hélène Mercier, a renowned Canadian pianist, adds a cultural dimension to his profile.
The episode covers their life together, including Arnault's passion for art and culture, exemplified by his impressive art collection and the establishment of the Louis Vuitton Foundation.
The narrative then shifts to the next generation of the Arnault family, exploring the lives and careers of his children, each carving out their unique path within the vast LVMH empire.
Delphine, the eldest, demonstrates a natural flair for the business, having steadily climbed the ranks within the group.
As a prominent figure at Louis Vuitton and now at the helm of Dior, her influence in shaping the future of luxury fashion is undeniable.
Antoine, with his keen marketing insight and strategic prowess, has significantly impacted Berluti and Loro Piana.
His role in expanding the digital and communication frontiers of LVMH speaks to his forward-thinking approach, making him a strong contender in the succession race.
Alexandre's journey is marked by a fusion of technology and innovation, particularly evident in his leadership role at Tiffany & Company.
His tech-savvy approach and fresh perspective on luxury branding have brought a new dynamism to the group.
Frederic, the head of TAG Heuer, has proven his mettle in the competitive world of luxury watches. His leadership has not only driven the brand to new heights but also showcased his ability to navigate the challenging luxury market with a blend of tradition and innovation.
Youngest sibling Jean, with his expertise in both financial mathematics and mechanical engineering, brings a unique skill set to the table.
His role at Louis Vuitton, especially in watches development and marketing, highlights his capacity to blend technical acumen with luxury brand management.
The Arnault saga, thus, is more than a story of wealth and luxury; it's a narrative of a family's legacy intertwined with the future of the global luxury market.
Each Arnault child, with their distinct talents and visions, plays a crucial role in shaping the direction of LVMH.
As Bernard Arnault contemplates his successor, the question remains:
Who among these talented individuals will take the reins of this luxury empire?
COMMENT: Which child should become the leader of LVMH?
Delphine Arnault. Why? Simple, because she is not really present in the media. All kids except Delphine are way too present in the social media by hanging with influencers and rappers. It may attract the crowd, but increases potential risks.
His kids are good at what they currently do, but Delphine is the boss, who whispers.
@@Classof-iu6yzShe’s also mental!! Ask those who’ve worked with her
Delphine. I worked for LVMH I had the chance to meet her. She had the subtle touch of elegance, smartess and at that time she was the shadow of her father. However; I think the complete family is very centered around their family business. Arnoult himself is a very smart man, very gentle, and surrounded by a council of extremely prepared members who know their field and duty. He is also very polite to his workforce. A true gentleman!
Delphine
Endorsing the opinions above
Its such a blessing when children could be so productive & truely appreciate the hard work of their forefathers...and it is indeed a blessing to a parent to see their children take family business seriously and not be caught up in materialism. He does indeed have a tough decision...the first son & daughter have qualities i.e education & experience wise. Additionally they would have literally seen their father's rise & the behind the scenes aspects which would/may have taught them valuable lessons. Whilst the younger children too are good prospects, they'd need some more experience if to be considered for the top position
He’s done a good job positions his kids to take over.
Superb and immaculate SRP accent and speaking style--very erudite.
... ( at school) he was a sponge, absorbing the nectar of knowledge! I m stricken by the spontaneity and sincerity of this definition! Almost forged like a renaissance sonnet meant to praise Florentine Bankers, soon to became popes & queens of France, I wondering how much have you been paid for such an elegant video-presentation. Anyway: Well done! Congratulations, especially because you left in the audience the curiosity to know the real thing.
Such a wonderful documentary, thank you. All children make a good job. Delphine or a dual leadership could lead LVMH.
i see through luxury goods like glass. a piece of cow skin with some letters on it and a strap is now called a LV handbag. same goes for nearly all luxury goods. a bag of diamonds can be bought on a street corner in africa for just a few dollars, but after they are sold and cut and fastened and with multiple middle-men salespeople, the diamond is worth $500 after being put on a spec of gold. i will keep my cash and they can keep the stamped cowhide
True.
$500??…you’ve obviously never bought a diamond ring before
@@GG-ul2tl...Cubic Zirconia, perhaps.
@@GG-ul2tl 500, 2500, 25,000...its all the same. junk stones that are bought on black market for nothing and made to think you are getting something of value. thats my point.what are you debating about? go argue with someone else, please and ty
@healthyamerican their point was you don’t know what you’re talking about. You most certainly cannot buy a “bag of diamonds” on a street corner in Africa, they aren’t ignorant & are very aware of the value of goods & resources in their country…
Another top video, sir. Excellent work!
Thanks! Glad you liked it :)
No wonder Tiffany went downhill….Louis Vuitton bought them 🤦🏻♀️
I love how this man’s flowery language cascades from his mouth like a Zambian waterfall after flooding rain sent from the gods!!
😂
One unique excellent person!
I'm sure if some of the Arnault clan were to watch some this video with its over the top description of each of them, they would laugh their collective asses off!
yeah It was a good video but there was definitely some embellishing regarding their behind closed doors convos going on
Enough room for all his talented children. Im sure they will be just fine .That being said GIVE IT TO MEEEE PLEASE 😂 Can't hurt to ask 😅😊
"Baby Bernard" -- the clue that leads to the search that finds others, right on schedule.
I don’t get it - what if his children only wanted to be school teachers, or travel writers, or airplane pilots ? Would they have been allowed to do that ?
With all that money I wouldn’t want to work a day in my life.
@@Yahsbsuq IKR !!!
No
If I find any new luxury products gone under the radar will send it to u❤❤
The hype is incredible. This is what a billion dollar PR campaign will get you.
One of the options is dividing the company evenly/ wisely among his children.
What a great way to raise succesful children. Delphine gets my vote, were this a democracy and not a meritocracy. On her merits, mind you.
Well done richest man again. It's Ganapati time guys thks❤❤😊
Okay with that entire plagiarism accusation saga in that 4-hour video behind us, i just want to express my concern about the lack of references the videos on this channel get. Taking into account that you guys write really well and pump out multiple videos per week, i hope i don’t sound too crazy to mention this. I just don’t wanna see you go the same way as that thief James Somerton!
can you make video about the jinping family and how wealthy they are ?
Thanks!
Thanks so much Najhum! Glad you liked the video and much appreciated with the super thanks 😀
your most welcome 🙏🏼
Even u went to enpc college mates good start❤❤
Who knows? Wait and see.
Frederic
4 hours and 20 minutes left to decide 🌌 are you sure cousin
I like these videos, but why put movies clips of unrelated movies
I think they should take control together
Who would want a tacky crown like LVMH.
Tiffany 😅😅😅
Argos same same 😂😂😂
I would say Antoine Arnault as the most qualified.
We need a video on Aliko Dangote of Nigeria
Red line patches supported by dior
How the hell is anyone worth 500 BILLION? All of these rich people having SO MUCH MONEY, they have to think of something to spend their monies on.
Cause he worked for it... There's something called that
Because shop, buy the goods that make a man & his family rich.
Making people rich is in the hands of cash of the consumer.
Show him
How about have the four do an anonymous vote
Delhine
The youngest of course.
He has 7 children.
None of them are creators-designers🤔'
💯. It's air.
Al the desingers are dead, Gucci, Dior,and so on....
None of them have creativity in art or fashion.. they just using the brand's history and post their "craftmanship" video to potrayed as if they create a "real luxury".
Tell shawn his new job
Louis Vuiton Donda
Lalisa Arnault
❤❤❤❤❤❤❤❤❤❤
I don’t buy luxury goods I have one Louis vutton wallet that sits collecting dust. We work too hard for our money. Not giving LVMH
Bismillah pagi ini 💰 masuk ke no rek BCA semoga Allah SWT memberikan keberkahan
Arnault get the lion
people spend money on stupidity
like prostitute and gambling ???
Wealthy comes with sacrifices poor baby's
Diorama haha❤❤🎉🎉
There must be some untold story or secret or plot behind this man's luxury empire. lots of those luxury brands he owns became Walmart or trash-level products in recent years, at least in their LA Hollywood store. Some of their products even can not compare with the products we buy in the flea market in China😁. Another Captical game?
I don't wear that shit so idk i drink it
😁😇
God's favourite family? sending tones and tones of crazy for branded goods humans to get xxx by them until broke?