💄 Bernard Arnault, the world's richest man and chairman of LVMH, has appointed his daughter as the chief executive of Dior.⁠ ⁠ Mr Arnault appointed his daughter Delphine, his eldest child, to lead its important Dior brand as part of a management shakeup, having recently appointed his eldest son, Antoine, to lead the family's holding company.⁠ ⁠ LVMH, which was formed in a merger between fashion house Louis Vuitton and Moët Hennessy in 1987, owns brands including jewelry maker Tiffany & Co, Givenchy and Marc Jacobs.⁠ ⁠ Mr Arnault, who launched his luxury goods empire in the 1980s, regained his spot as the world's richest man at the end of 2022 after Elon Musk's net worth slipped amid a sell off in Tesla shares. ⁠ ⁠ Mr Arnault is worth around $196bn.⁠ ⁠ Read more on this story at the link in bio 🔗