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Alexandre Arnault will become the new CEO of Moët Hennessy in 2025. The appointment is part of a leadership shake-up at Bernard Arnault's luxury conglomerate, LVMH. All five of Bernard's children work under LVMH, sparking speculation about his succession plans.

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You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Advertisement A leadership shake-up at Bernard Arnault 's multibillion-dollar luxury conglomerate, LVMH, has resulted in one of his children landing a new executive position. LVMH said in a press release on Thursday that it made six new executive appointments after Bernard, 75, consulted with the company's Sustainability and Governance Committee of the Board of Directors.

Bernard, CEO and chairman of LVMH, is the world's richest person with a $158.5 billion net worth. All five of his children hold positions in LVMH, which has several subsidiaries, including Christian Dior and Tag Heuer.

Bernard's third eldest child, Alexandre Arnault, will serve as Deputy CEO of LVMH's Wines and Spirits division, Moët Hennessy, .

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