Bernard Arnault, 76, has yet to name a successor to lead the company in which his family controls 64.8% of the voting rights.
Bernard co-founded the company in the 1980s. Since then, it has become a family business, with all five of his children, including Arnault, holding various positions.
It was Bernard Arnault, owner of the globe-spanning luxury empire LVMH MC-0.46%decrease; red down pointing triangle. Arnault wanted to check in on the man he had known for decades. Trump was ...
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