{"id":41850,"date":"2026-06-26T10:22:08","date_gmt":"2026-06-26T10:22:08","guid":{"rendered":"https:\/\/www.europesays.com\/france\/41850\/"},"modified":"2026-06-26T10:22:08","modified_gmt":"2026-06-26T10:22:08","slug":"lvmhs-bernard-arnault-funds-new-math-institute","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/france\/41850\/","title":{"rendered":"LVMH’s Bernard Arnault Funds New Math Institute"},"content":{"rendered":"

\n\tMATH WIZZ: Bernard Arnault<\/a>\u2019s family holding company Agache is investing 50 million euros to fund the creation of a new institute for mathematics and fundamental sciences at \u00c9cole Polytechnique, France\u2019s top engineering school, from which LVMH<\/a> Mo\u00ebt Hennessy Louis Vuitton\u2019s chairman and chief executive officer graduated in 1969.<\/p>\n

\n\tSet to open at the university\u2019s Palaiseau campus south of Paris by 2030, the new building will serve as a French center of excellence and a hub for international research<\/a> collaboration, and is seen as key to ensuring France and the school\u2019s ongoing competitiveness on the international academic and technological stage.<\/p>\n

\n\tThe new center, to be named the Bernard Arnault<\/a> Institute for Mathematics and Fundamental Sciences, will host around 400 faculty researchers, PhD students and postdoctoral fellows and will be a hub where mathematicians, physicists, computer scientists and students will work together on scientific and societal challenges, according to the school.<\/p>\n

\n\t\u201c\u00c9cole Polytechnique represents, for me, the academic and scientific excellence of our country,\u201d Arnault said in a release. \u201cI am proud to be able to contribute to the creation of the Institute for Mathematics and Fundamental Sciences. It was at \u00c9cole Polytechnique, and during my preparation for the entrance exams, that I learned the intellectual rigor and developed the vision that later guided my career as an entrepreneur. I also know the extent to which mathematics and the fundamental sciences can shape the world by inventing tomorrow what no one can even imagine today, particularly in addressing major societal challenges.\u201d<\/p>\n

\n\tThe investment will fund both the construction of the institute and the launch of a mathematical residency program, which will start as early as next year, and is intended to host world-renowned international researchers, organize conferences and thematic semesters and develop innovative interdisciplinary projects between mathematics and fields including biology, materials science, computer science and physics.<\/p>\n

\n\t\u201cIn the global landscape of higher education and research<\/a>, France continues to stand out for its mathematical excellence,\u201d stated Laura Chaubard, president and director general of \u00c9cole Polytechnique. \u201cThis discipline is at the heart of our technological sovereignty and underpins strategic fields such as artificial intelligence, quantum technologies, and cybersecurity. Thanks to Bernard Arnault\u2019s unprecedented support, this institute will position [\u00c9cole Polytechnique] as a leading international hub for mathematical research, attracting top talent and fostering the discoveries that will shape tomorrow\u2019s technologies.\u201d<\/p>\n

\n\tArnault\u2019s contribution is part of a 200 million euro fundraising program launched in 2024 to support the school\u2019s future development by the Fondation de l\u2019\u00c9cole Polytechnique, which is backed by 20 major French companies as well as school alumni.<\/p>\n

\n\tFrance is facing ever increasing numbers of graduates of its top schools moving abroad, and investment in research capabilities is seen as key to the country\u2019s competitiveness in the future.<\/p>\n

\n\tAccording to a study published last year by the F\u00e9d\u00e9ration Syntec and Ipsos bva, 15,000 young graduates of France\u2019s engineering and management schools each year choose to begin their careers abroad, costing the French state nearly 1 billion euros annually.<\/p>\n","protected":false},"excerpt":{"rendered":"MATH WIZZ: Bernard Arnault\u2019s family holding company Agache is investing 50 million euros to fund the creation of…\n","protected":false},"author":2,"featured_media":41851,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12700],"tags":[12711,2478,4955,12701,5130,244],"class_list":["post-41850","post","type-post","status-publish","format-standard","has-post-thumbnail","category-lvmh","tag-bernard-arnault","tag-innovation","tag-lvmh","tag-moet-hennessy-louis-vuitton","tag-research","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/41850","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/comments?post=41850"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/41850\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media\/41851"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media?parent=41850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/categories?post=41850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/tags?post=41850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}