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Spotlight | France
Arnault family on the verge of controlling over 50% of LVMH

The fall in LVMH's share price has allowed the Arnault family to quietly grow its stake in the group to almost 50%.
The fall in LVMH's share price has allowed the Arnault family to quietly grow its stake in the group to almost 50%. © Studio Pachamama
The fall in LVMH's share price, from €850 to €690 in just over a year, has allowed the Arnault family to quietly grow its stake in the group, which now sits just below an absolute majority of 50%. The family has financed this strategic but extremely expensive undertaking with loans, which it reimburses with the group's hefty dividends. [...]
Reading time 3 minutes Philippe Vasset

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