{"id":213618,"date":"2026-09-03T18:58:56","date_gmt":"2026-09-03T18:58:56","guid":{"rendered":"https:\/\/www.europesays.com\/people\/213618\/"},"modified":"2026-09-03T18:58:56","modified_gmt":"2026-09-03T18:58:56","slug":"arnault-tightens-grip-on-lvmh-as-his-stake-crosses-the-50-mark-2","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/people\/213618\/","title":{"rendered":"Arnault tightens grip on LVMH as his stake crosses the 50% mark"},"content":{"rendered":"

\n By
\n
Bloomberg\n <\/p>\n

\n Published
\n <\/p>\n

February 24, 2026<\/p>\n

\n French billionaire Bernard Arnault<\/a>, Europe\u2019s richest man, further tightened his grip on LVMH<\/a> after he delivered on a promise to boost his holding in the luxury group beyond the 50% mark. \u00a0\u00a0<\/p>\n

\"BernardBernard Arnault during his induction at the Acad\u00e9mie des sciences morales et politiques, on 12 January 2026 in Paris – STEPHANE DE SAKUTIN \/ AFP<\/p>\n

Arnault\u2019s family raised its stake in LVMH Mo\u00ebt Hennessy Louis Vuitton<\/a> SE to 50.01%, up from 49.77% at the end of last year, the company said. It now has 65.94% of the voting rights. \u201cIt testifies to the strong confidence of Bernard Arnault and his family in the future of LVMH,\u201d a spokesperson for the family said. \u00a0<\/p>\n

The Arnault clan, which routinely buys up the group\u2019s stock, has capitalized on a slump in LVMH shares amid a luxury industry slowdown to accumulate a bigger stake. The stock has erased close to 38% of its value since a record high in April 2023 in line with a post-pandemic demand boom for luxury goods.\u00a0<\/p>\n

Just this year, LVMH shares have tumbled about 13%, valuing the Paris-based company at \u20ac280 billion ($330 billion). LVMH is still the biggest company by market capitalisation on France\u2019s benchmark CAC40 index and the fourth largest on Europe\u2019s Stoxx Europe 600.\u00a0<\/p>\n

Arnault, 76, noted during LVMH\u2019s annual results presentation last month that his family\u2019s holding in the conglomerate would surpass 50% this year. LVMH posted a weaker-than-expected performance at its key division which includes Louis Vuitton and Christian Dior<\/a> in the last three months of last year, sending its shares and those of its rivals lower. Its wines and spirits unit saw its third year of falling sales, hurt in particular by a collapse in demand for Hennessy Cognac.<\/p>\n

With a net worth of about $185 billion, Arnault ranks seventh on the Bloomberg Billionaires Index, behind six American tech moguls led by Elon Musk.\u00a0<\/p>\n

Arnault\u2019s five children are all involved in LVMH operations. Earlier this month, his son Antoine, 48, who oversees image and sustainability at the group, was promoted to the group\u2019s executive committee, joining Arnault\u2019s 50-year-old daughter Delphine, who is the CEO of Christian Dior Couture<\/a>. Arnault\u2019s three youngest children- Alexandre, 33, Frederic, 31, and Jean, 27- have yet to join the executive committee. All except Jean are LVMH board members.\n <\/p>\n","protected":false},"excerpt":{"rendered":"By Bloomberg Published February 24, 2026 French billionaire Bernard Arnault, Europe\u2019s richest man, further tightened his grip on…\n","protected":false},"author":2,"featured_media":190798,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[163],"tags":[31831,762,85551,17145,2453,2961,768,769,9090,61176],"class_list":["post-213618","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bernard-arnault","tag-beauty","tag-bernard-arnault","tag-christian-dior-couture","tag-dior","tag-fashion","tag-louis-vuitton","tag-luxury","tag-lvmh","tag-network","tag-professionals"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@people\/117208649931497150","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/213618","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/comments?post=213618"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/213618\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media\/190798"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media?parent=213618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/categories?post=213618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/tags?post=213618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}