"I have five members of the family working in the group. Let's see if one of them can take over," Arnault told Bloomberg in an interview published this summer.
The luxury chief made LVMH's board extend the retirement age for its chairman and CEO (i.e., himself) from 75 to 80 just so he could stay longer.
Arnault sees LVMH as his baby. He spends 12-hour days managing the company he turned into a global conglomerate with €86.2 billion in revenue last year.
Given LVMH's clout as one of Europe's most valuable companies and the owner of some of the most loved luxury brands, everyone is interested in the company's future.
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