Bernard Arnault is auditioning his children, know what is the reason and the whole process? | LVHM

Bernard Arnault, the world's richest man, may soon hand over his business to his children. He has also started preparing for this. Arnault is auditioning his 5 children for this. Arnault meets his four sons and one daughter over lunch once a month to choose a successor for his luxury brand LVMH.

Audition lasts for 90 minutes

This audition meeting lasts for about 90 minutes, in which they ask each of their children for a plan to run the company so that they can decide which of their children is capable of running their luxury business. Lunch is organized in the private dining room of the LVMH headquarters.

Bernard Arnault's children's positions in the company

Arnault's elder daughter, Delphine, is the head of the empire's other big brand, Christian Dior. At the same time, his second son Antony has been given the responsibility of managing the holding firm. Frederic Arnault is the CEO of Tag Heuer. Alexandre Arnault is an executive at Tiffany, while his youngest son Jean looks after marketing and product development at Louis Vuitton.