Bernard Arnault Involves Five Children in LVMH Shareholders' Meeting

Paris - Bernard Arnault, the 77-year-old CEO of LVMH, handed the microphone to each of his five children during the luxury group's annual general meeting in Paris on April 23, 2026. This marked the first time he did so at a shareholders' gathering. 8 billion.

At the foot of the stage where Arnault spoke, his children each addressed specific aspects of the business. Jean Arnault, the 28-year-old youngest child and marketing director of watches at Louis Vuitton, recalled the group's watchmaking expertise and spoke about La Fabrique du Temps after his father suggested it.

Frédéric Arnault, who has led Loro Piana since June 2025, praised the cashmere from the Italian brand during his presentation, invited by his father to discuss what makes Loro Piana successful.

Alexandre Arnault, who has co-led the wines and spirits division of LVMH since February 2025, discussed the situation of that division at his father's tasking. Delphine Arnault, the eldest child, a member of the board of directors and executive committee of LVMH, and CEO of Dior since 2023, spoke about the state of Dior. Le Monde reported that each child played their part in the presentations.

' The event followed an investigation published by Le Nouvel Obs on April 16, 2026, focusing on the 'succession war' at LVMH. Le Monde reported that Arnault wanted to demonstrate his children's talents amid this context. Separately, court-ordered administration proceedings were initiated against Loro Piana in July 2025.

The brand exited those proceedings on April 17, 2026. A Milan prosecutor investigated the use of undocumented Chinese workers by one of Loro Piana's subcontractors, according to Le Monde. Bernard Arnault, at 77, refuses to disclose how he will be replaced as CEO, Le Monde reported.

His daughter Delphine Arnault appeared with him at the meeting, holding roles as CEO of Dior and positions on LVMH's board and executive committee. The presentations highlighted the children's roles: Jean as the youngest at 28, overseeing watch marketing; Frédéric leading Loro Piana; Alexandre co-leading wines and spirits; and Delphine chairing Dior since 2023.

The meeting in Paris drew attention to family involvement in the luxury group.

Bernard Arnault suggested Jean speak about his manufacture, La Fabrique du Temps. He invited Frédéric to present Loro Piana's successes, though Frédéric did not mention the recent legal proceedings during his talk. Alexandre's segment covered the wines and spirits division's situation.

Delphine addressed Dior's state from her leadership position. 8 billion reflected the group's performance amid these family-led discussions. Le Monde reported the sequence of events, with Bernard Arnault at the center, showcasing his children's contributions.

The investigation by Le Nouvel Obs preceded the meeting by a week, highlighting internal dynamics. No further details on succession were provided at the gathering.