LVMH owner Bernard Arnault, his wife, Helene (right), and Louis Vuitton executive vice-president Delphine Arnault attend the Dior show at Paris Fashion Week in February. Photo: Getty Images LVMH owner Bernard Arnault, his wife, Helene (right), and Louis Vuitton executive vice-president Delphine Arnault attend the Dior show at Paris Fashion Week in February. Photo: Getty Images
LVMH owner Bernard Arnault, his wife, Helene (right), and Louis Vuitton executive vice-president Delphine Arnault attend the Dior show at Paris Fashion Week in February. Photo: Getty Images

LVMH owner has lost as much as Jeff Bezos has gained – US$30 billion – in 2020, but Bernard Arnault is taking the long view

  • His luxury empire faces a perfect storm, but Bernard Arnault’s LVMH has a cash pile big enough to ride out the crisis and keep expanding
  • Frenchman has a made a career out of investing through downturns, though none as big as the one coronavirus has triggered

Topic |   Fashion
LVMH owner Bernard Arnault, his wife, Helene (right), and Louis Vuitton executive vice-president Delphine Arnault attend the Dior show at Paris Fashion Week in February. Photo: Getty Images LVMH owner Bernard Arnault, his wife, Helene (right), and Louis Vuitton executive vice-president Delphine Arnault attend the Dior show at Paris Fashion Week in February. Photo: Getty Images
LVMH owner Bernard Arnault, his wife, Helene (right), and Louis Vuitton executive vice-president Delphine Arnault attend the Dior show at Paris Fashion Week in February. Photo: Getty Images
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