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The World's Richest Person Is Planning for Succession

The World's Richest Person Is Planning for Succession

FromThe Journal.


The World's Richest Person Is Planning for Succession

FromThe Journal.

ratings:
Length:
19 minutes
Released:
Apr 24, 2023
Format:
Podcast episode

Description

Bernard Arnault is the richest person in the world and he has spent decades preparing his five children to run his luxury-brand empire, LVMH. WSJ’s Nick Kostov learned Arnault drilled his kids in mathematics, brought them along on business trips, inside negotiations and has elevated them into senior roles. But the question remains: who will succeed Arnault at the helm of the world’s biggest luxury conglomerate? 



Further Reading:

- The World’s Richest Person Auditions His Five Children to Run LVMH, the Luxury Empire 



Further Listening:

- How a Deal to Buy Tiffany Lost Its Sparkle 



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Released:
Apr 24, 2023
Format:
Podcast episode

Titles in the series (100)

The most important stories, explained through the lens of business. A podcast about money, business and power. Hosted by Kate Linebaugh and Ryan Knutson. The Journal is a co-production from Gimlet Media and The Wall Street Journal.