The Arnault family office: Groupe Arnault & Financière Agache

Groupe Arnault and Financière Agache the Bernard Arnault family office

This article directly stems from the research process for our European single family office database. Our list of European single family offices includes the most important family investment vehicles that invest in various areas, such as financial markets, real estate, venture capital, private equity and renewables.

Bernard Arnault: Luxury brand owner & richest man in the world

Bernard Arnault started his business by buying the textile and retail conglomerate Boussac Saint-Frères, which included the Christian Dior brand. He bought the company for $15 million from his father, who had made his fortune in construction. Three years later, he created LVHM (Louis Vuitton Moët Hennessy), which became the world’s largest luxury goods company. Today, LVHM is an empire of 75 fashion and cosmetics brands, including Louis Vuitton, Moët, Birkenstock, Hublot, and the newspaper Le Parisien. LVMH is now a family business, with all five of Bernard Arnault’s children working for the company. LVMH’s success has greatly increased the family’s wealth. As of October 2024, Arnault has a net worth of $174.3 billion. Such wealth requires proper management. So we take a closer look at Bernard Arnault’s family office to see if it can do the job.

Groupe Arnault: The personnel Arnault family office

The Arnault family has multiple investment vehicles like the holding company Financière Agache & Groupe Arnault. Groupe Arnault, a key arm of Arnault’s ventures, focuses mainly on venture capital in the tech sector. It created a diversified portfolio with over 40 investments. Important investments include Open and Ledger, while lucrative exits have come from tech giants like Netflix, Spotify, Airbnb, and Slack. This combination of wealth management, strategic investment, and philanthropy ensures that Arnault’s empire LVHM remains resilient, diversified, and impactful across generations.

In 2022,  the French billionaire restructured the Arnault family office into, Financière Agache SA, a joint-stock partnership, with the goal of shielding his holdings from hostile takeovers and enduring family ownership over his luxury brand company. Financière Agache oversees the family’s investments, philanthropy, and prepares the smooth transition of wealth to future generations.

Picture Source: Chan Chai Kee via Unsplash

Share this post

Leave a Reply

Your email address will not be published. Required fields are marked *

familyofficehub.io