Finance

LVMH CEO Arnault: Ask me again in 10 years about succession plans 

Published by Global Banking and Finance Review

Posted on December 17, 2025

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PARIS, ‌Dec 17 (Reuters) - LVMH CEO Bernard ‍Arnault ‌said he was hoping he would ⁠be ‌able to make another ten years when asked about his succession plans for ⁠the world's biggest luxury group. 

"Talk to me ​again in 10 years, ‌I can give ⁠you a more precise answer," Arnault, 76, told broadcaster CNBC ​in an interview, referring to his latest mandate extension, approved by shareholders earlier this year. 

"I ​hope ... ‍that I ​will make these 10 years," he said. 

Commenting on the role of his five children at the family-controlled luxury giant, Arnault gave ⁠little insight on who could take over the ​helm. 

"For getting responsibility, they have to merit the responsibility and to prove they ‌can do it," Arnault said. 

(reporting by Tassilo Hummel, Editing by Franklin Paul)

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