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sport / alt.sports.football.pro.dallas-cowboys / Re: OT - World's richest man weighs which of his 5 children will take over empire

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* OT - World's richest man weighs which of his 5 children will takeobserver
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OT - World's richest man weighs which of his 5 children will take over empire

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Subject: OT - World's richest man weighs which of his 5 children will take
over empire
From: prohuman...@gmail.com (observer)
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 by: observer - Sat, 20 May 2023 02:49 UTC

Sidenote: I, too, am from a family of 5
children. Unfortunately, my older brother
& his wife & my oldest younger sister have
passed away. None of us was a Nepo baby
(see definition of that below).

World's richest man per the following, Ber-
nard Arnault (perhaps Elon Musk's & Jeff
Bezos's space adventures are adversely
impacting their net worth, but in the world
of the 3 at-one-time-or-another $200 billion-
aires, who can say -reliably- when, if ever,
their future wealth be over $200 billion again):
https://www.forbes.com/real-time-billionaires/#14d64ec3d788

1. Bernard Arnault & family $231.9 Billion
2. Elon Musk ...................... $184.7 Billion
3. Jeff Bezos ...................... $139.1 Billion

---
Sidenote:

Don't know why, but Jerry Jones does not
appear on that Forbes list of 400 billionaires
with net worth $6.4 billion & higher, despite
having a net worth higher than that (see fol-
lowing for various estimates):
https://www.google.com/search?q=jerry+jones+wealth

End Sidenote
---

---
August 26 2020

Jeff Bezos Becomes the First Person Ever
Worth $200 Billion
https://www.forbes.com/sites/jonathanponciano/2020/08/26/worlds-richest-billionaire-jeff-bezos-first-200-billion/?sh=646a88c84db7
---

---
January 2 2023

Elon Musk becomes first person ever to
lose $200 billion
https://energy.economictimes.indiatimes.com/news/power/elon-musk-becomes-first-person-ever-to-lose-200-billion/96677208
---

World's richest man (Bernard Arnault) weighs
which of his 5 children will take over empire
Youtube video: https://youtu.be/EiG9x-yvki0

---
May 8 2023

Louis Vuitton boss Bernard Arnault is
only the 3rd person to be worth $200
billion & his 5 kids are all Nepo babies
https://www.businessinsider.com/bernard-arnault-lvmh-children-delphine-antoine-alexandre-frederic-jean-dior-2023-1
---

---
Sidenote:

https://www.google.com/search?q=%22nepo+babies%22+meaning
What is a 'Nepo Baby'? Celebrity children
gained a new nickname in 2022 - Nepo
Baby. The term stands for a person who
has benefited from nepotism; in other
words, those who have "made it" in their
career from their parents' fame.

End Sidenote
---

o Delphine, born in 1975, is the eldest of Bernard's
5 children, & his only daughter.

Delphine photo (her dad is to her left, right
side of the photo): https://i.insider.com/63be8c8906706e0019a9b9c8

Delphine worked at Christian Dior Couture as
its deputy managing director from 2008 to 2013,
before spending a decade as an executive vice
president of Louis Vuitton, LVMH's biggest brand.

She started as the CEO & chair of Dior on Febru-
ary 1.

Delphine sits on LVMH's board of directors & is a
member of its executive committee – only the 2nd
woman to join it, & its youngest member when she
joined it at 43.

~~~

o Antoine is Bernard's oldest son, born in 1977.
Like Delphine, Antoine was born to Bernard's 1st
wife, Anne Dewavrin.

Antoine photo: https://i.insider.com/63bfee4233ffb700180f6d47

Antoine started working at LVMH in 2005 in its
advertising department. Just two years later, he
was appointed director of communications at
Louis Vuitton, where he launched campaigns
with public figures ranging from Angelina Jolie
& Bono to Muhammad Ali & Mikhail Gorbachev.

In December, Antoine was appointed CEO of Chris-
tian Dior SE, the holding company the family uses
to control LVMH. He's also the CEO of shoemaker
Berluti & non-executive chair of cashmere label Loro
Piana.

Antoine became a board member at LVMH in 2006
& has been the company's head of image & environ-
ment since 2018.

~~~

o Alexandre was born in 1992, Bernard's first son to
his 2nd wife, Helene Mercier, & is an executive vice
president at Tiffany & Co.

Alexandre photo: https://i.insider.com/63bfef9e33ffb700180f6d7f

After interning in New York at McKinsey & KKR, Alex-
andre moved to his father's retail empire, where he
worked on digital innovation.

"I was obviously raised to be in the group," Alexandre
told The New York Times in 2018, adding that it was
ultimately his choice to work at LVMH & that he turned
down offers from McKinsey & ZKKR.

Alexandre spent about four years as the CEO of Ger-
man luggage brand Rimowa after reportedly persuad-
ing his father to buy an 80% stake in it in 2016. During
his time at the helm, he revitalized Rimowa – including
launching collaborations with Supreme & Off-White.

After LVMH bought Tiffany & Co. for $15.8 billion in
2020, Alexandre became executive vice president of
product & communications at the jewelry maker at
just 28 years of age.

~~~

Frédéric, born in 1995, is the CEO of TAG Heuer.

Frédéric photo (his dad is to his right, left
side of the photo): https://i.insider.com/63bff07133ffb700180f6db9

After interning at Facebook & McKinsey, & a brief period
running a mobile payment startup, Frédéric quickly moved
up the ranks at LVMH.

He joined the company full-time in 2017 as the tempor-
ary head of connected technologies at the Swiss watch-
maker. Just a year later, he became TAG's director of stra-
tegy & digital. In 2020, he was named the brand's CEO at
the age of 25.

The New York Times reported that the elder Arnault had
groomed Frédéric to become TAG Heuer's leader from
the start, though this wasn't entirely smooth sailing. Sté-
phane Bianchi, who was CEO of TAG before Frédéric &
tasked with training his successor, told the newspaper
they clashed "everywhere" at the start.

In his time running the company, Frédéric has focused
on connected watches, orchestrated a shift from whole-
sale to retail & grown its ecommerce sales, & negotiated
a partnership with Porsche.

~~~

Jean Arnault, born in 1998, is Bernard's youngest son &
joined LVMH after graduating from MIT with a masters
in financial mathematics & another in mechanical engin-
eering from Imperial College, London ... .

Jean photo (his older brother Frédéric is to his right,
left side of the photo, strong resemblance, they look
very close to being identical twins): https://i.insider.com/63bff1279c523e00182bef29

As a student, he interned at both Morgan Stanley & Mc-
Laren Racing & had a short stint at a Louis Vuitton retail
store in Paris ... . Jean became marketing & development
director of Louis Vuitton's watch division in August 2021
at the age of 23, just months after he graduated. He's
now the brand's watches director.

Jean told the FT that his older brother Frédéric's work at
TAG Heuer had sparked his interest in watchmaking.

"We have a close relationship & he started talking to me
about the new watches & all the different things he was
working on," Jean said. "I was fascinated. & that's really
the turning point."

Jean told The New York Times in November that he still
turns to Frédéric for work advice.

--- --- ---

Re: OT - World's richest man weighs which of his 5 children will take over empire

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Subject: Re: OT - World's richest man weighs which of his 5 children will take
over empire
From: prohuman...@gmail.com (observer)
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 by: observer - Fri, 16 Jun 2023 22:20 UTC

Link to previous post:
https://groups.google.com/g/alt.sports.football.pro.dallas-cowboys/c/xyt6fLgwjQ4/m/jozA9iM1AgAJ

Elon Musk & his mom, Maye Musk, meet with
Bernard Arnault & 2 of his sons, Antoine &
Alexandre, in Paris:

---
June 16 2023

Elon Musk and his mother lunch
with Bernard Arnault & 2 of his
sons in Paris
https://nypost.com/2023/06/16/elon-musk-and-his-mother-lunch-with-bernard-arnault-in-paris/
---

Photo: Elon Musk & Bernard Arnault — worth
$229 billion and $197 billion, respectively —
(per Bloomberg) lunched together in Paris
while Musk was in town for a tech conference
(Eiffel Tower in the middle background of the
picture).
https://nypost.com/wp-content/uploads/sites/2/2023/06/NYPICHPDPICT000012785913.jpg

Photo: Left to right,
Antoine Arnault,
Maye Musk,
Bernard Arnault,
Elon Musk,
Alexandre Arnault
https://nypost.com/wp-content/uploads/sites/2/2023/06/NYPICHPDPICT000012785914.jpg

Photo: Just two days prior, Maye was walking
the runway in Milan, Italy, as a model in British
Vogue & Luisa ViaRoma’s “Runway Icons” show.
https://nypost.com/wp-content/uploads/sites/2/2023/06/NYPICHPDPICT000012785918.jpg

Musk Family - wikipedia
https://en.wikipedia.org/wiki/Musk_family

Maye Musk (age 75) - wikipedia
https://en.wikipedia.org/wiki/Maye_Musk

Elon Musk (age 51) - wikipedia
https://en.wikipedia.org/wiki/Elon_Musk

Bernard Arnault (age 74) - wikipedia
https://en.wikipedia.org/wiki/Bernard_Arnault

Antoine Arnault (age 46) - wikipedia
https://en.wikipedia.org/wiki/Antoine_Arnault

Alexandre Arnault (age 31) - wikipedia
https://en.wikipedia.org/wiki/Draft:Alexandre_Arnault

Bernard's other 2 children:

Delphine Arnault (age 48) - wikipedia
https://en.wikipedia.org/wiki/Delphine_Arnault

Jean Arnault (age 22) - wikipedia
https://en.wikipedia.org/wiki/Jean_Arnault

~~~

3 richest individuals per Bloomberg:
https://www.bloomberg.com/billionaires/

1. Elon Musk ........ $229 Billion

2. Bernard Arnault $197 Billion

3. Jeff Bezos ....... $151 Billion
https://en.wikipedia.org/wiki/Jeff_Bezos
https://en.wikipedia.org/wiki/Amazon_(company)

~~~

3 richest individuals per Forbes:

1. Elon Musk ........ $236.9 Billion ... Tesla / SpaceX / Twitter
https://en.wikipedia.org/wiki/Tesla,_Inc.
https://en.wikipedia.org/wiki/SpaceX
https://en.wikipedia.org/wiki/Twitter

2. Bernard Arnault
.... & family ............ $233.4 Billion ... LVMH (includes Tiffany & Co.,
........................................................... Christian Dior, Fendi, Givenchy,
........................................................... Marc Jacobs, Stella McCartney,
........................................................... Loewe, Loro Piana, Kenzo, Celine,
........................................................... Sephora, Princess Yachts, TAG Heuer,
........................................................... & Bulgari)
https://en.wikipedia.org/wiki/LVMH

3. Larry Ellison ..... $156.2 Billion ... Oracle
https://en.wikipedia.org/wiki/Oracle_Corporation
https://en.wikipedia.org/wiki/Larry_Ellison

--- --- ---

Re: OT - World's richest man weighs which of his 5 children will take over empire

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Subject: Re: OT - World's richest man weighs which of his 5 children will take
over empire
From: prohuman...@gmail.com (observer)
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 by: observer - Fri, 16 Jun 2023 22:35 UTC

Follow-up/correction:

Links to 2 previous posts:
https://groups.google.com/g/alt.sports.football.pro.dallas-cowboys/c/xyt6fLgwjQ4/m/jozA9iM1AgAJ
https://groups.google.com/g/alt.sports.football.pro.dallas-cowboys/c/xyt6fLgwjQ4/m/iHOKqk9cAgAJ

I neglected to include Frédéric Arnault
on the previous post (apologies, Frédéric):

Frédéric Arnault (age about 28, born in 1995) - wikipedia
He doesn't have a wikipedia page, but since
he's chairman of TAG Heuer, I'll include a link
to TAG Heuer & a link to Frédéric Arnault from
October 2021:
https://en.wikipedia.org/wiki/TAG_Heuer
https://www.nytimes.com/2021/10/26/style/frederic-arnault-tag-heuer-lvmh-succession.html

*---*---*---*


sport / alt.sports.football.pro.dallas-cowboys / Re: OT - World's richest man weighs which of his 5 children will take over empire

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