In this episode, we delve deeper into the LVMH empire and Arnault's personal story. His source of wealth - roughly $110 billion today - is detailed. Arnault capitalized on France's neoliberal turn post-Mitterand, consolidating dozens of global luxury brands into one behemoth holding company. Arnault cheated French workers out of billions worth of compensation as the French economy switched to a more American-style of corporate governance in the '80s. All that and more, on Grubstakers.
Marc Mayerson
2020-07-26 03:53:56 +0000 UTC