Bernard Arnault Sets Up LVMH With Succession Plan: World's 2nd-Richest Person Gives Control To His Five Kids For The Next 30 Years
Bernard Arnault, worth $173.1 billion dollars, according to the Forbes Real-Time Billionaire List on Oct. 27, recently created a limited partnership called Financière Agache to control his LVMH Moet Hennessy Louis Vuitton (LVMH) high-fashion empire.