Delphine Arnault Wiki – Delphine Arnault Biography

The richest person in the world, Bernard Arnault, has just named his daughter CEO of Christian Dior. The fashion house’s parent company, LVMH, a global luxury goods conglomerate he heads, announced the news on Wednesday. Delphine Arnault, 45, will move from Louis Vuitton, where she served as executive vice president, to her new role as CEO and president of Christian Dior Couture effective February 1. She will replace Pietro Beccari, who has been Dior’s chief executive since 2018; Beccari is now moving to run Louis Vuitton.

Bernard called the appointment of his daughter “another milestone in a career in fashion and leather goods defined by excellence” in a statement released with the announcement.

“Under his leadership, the convenience of Louis Vuitton products advanced significantly, allowing the brand to regularly set new sales records,” the statement continued. “His insightful insights into her and her unparalleled expertise will be decisive assets in driving Christian Dior’s continued development.”

Bernard, 73, is still active as CEO of LVMH, which he co-founded in 1987. In addition to Dior and Louis Vuitton, the luxury goods corporation includes more than 70 prestigious brands, including Givenchy, Marc Jacobs, Moët & Chandon, Tiffany & Co. and Fenty Beauty.

According to a 2019 story in the New York Times, Bernard began his business buildup in the 1980s, when he bought a bankrupt French textile company called Boussac. He sold most of the company, but kept one piece, Dior, and expanded it.

Bernard has a reputation for being extremely competitive and wanted to own the top luxury company when he realized he couldn’t be No. 1 in his other two passions, piano and tennis, according to the Times report.

Delphine Arnault Age

The age of Delphine Arnault is 45 years.

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Bernard Arnault, Names His Daughter the New CEO at Christian Dior

He has two children from his first marriage and three from his second. Along with Delphine, who shares a son with his partner, French billionaire Xavier Niel, three of his other children work for various brands owned by LVMH.

Delphine’s younger brother, Alexandre Arnault, is vice president of products and communications at Tiffany & Co. Beyoncé and Jay-Z, who starred in one of the brand’s most memorable campaigns, 2021’s ABOUT LOVE, attended the young woman’s wedding aged 30 in Venice that same year. .

“Beyoncé and JAY-Z are the epitome of the modern love story. As a brand that has always stood for love, strength and self-expression, we couldn’t think of a more iconic couple that better embodies Tiffany’s values,” he said. Alexandre in a statement to PEOPLE at the time. “We are honored to have the Carters as part of the Tiffany family.”

Bernard was worth $106.8 billion after LVMH agreed to buy Tiffany & Co., a deal executed for $16 billion in November 2019. His net worth rose 1 percent after the acquisition was announced. from the iconic American jeweler. Tiffany & Co. became a household name after the release of Audrey Hepburn’s 1961 film Breakfast at Tiffany’s, which is based on the novel by Truman Capote.The 2019 purchase put Bernard just shy (billions) of the world’s two richest people, Microsoft founder Bill Gates and Amazon founder Jeff Bezos.

Bernard Arnault’s Net Worth

Forbes officially announced Bernard as the world’s richest person in May 2021, with an estimated net worth of $186.3 billion, putting him $300 million above Jeff Bezos, who was worth $186 billion, and Elon Musk, worth of $147.3 billion at that time.Read More….