Wealth Consolidation
搜索文档
Arnault tightens his LVMH control with $1.6-B buying spree
The Economic Times· 2025-10-28 03:41
Over eight months beginning in February, the 76-year-old quietly bought about ₹1.4 billion ($1.6 billion) worth of LVMH shares, according to The sustained buying spree brings Arnault and his family closer to owning half of LVMH, which he established in 1987 and built into France's largest company, with a market capitalization of ₹302 billion. The move highlights Arnault's lifelong strategy of keeping his wealth centered on LVMH rather than diversifying. An LVMH spokesperson declined to comment on the tran ...