World’s Richest Man Bernard Arnault Taps Daughter to Run Dior
- Arnault also names Pietro Beccari to run Louis Vuitton
- Management appointments follow shuffle at holding company
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Bernard Arnault named his daughter Delphine to run LVMH’s second-biggest brand, Dior, the latest step by the 73-year-old billionaire to elevate his children to key posts in his luxury empire.
The appointment comes a month after Antoine Arnault, the eldest son, was given a wider role in the business, replacing Sidney Toledano as chief executive officer and vice chairman of Christian Dior SE, the holding company through which the family controls LVMH Moet Hennessy Louis Vuitton SE.