LVMH Director Is The Biggest Beneficiary Of "Dior Acquisition".

After the Dior acquisition was announced on Tuesday,

(LVMH.PA) the chairman and CEO Bernard Arnault became the biggest beneficiaries and entered the top 10 of the world's rich list again 4 years later.

According to the world clothing and shoe net, after the acquisition news, Christian Dior (EPA:CDI) shares closed up 15%, while the Bernard Arnault family held 74% of the company's shares. LVMH shares also rose nearly 4% on that day.

Bernard Arnault's personal assets jumped by 5 billion dollars in just one hour, thanks to the surge in stocks.

The picture shows the stock price trend of Christian Dior in the past three months.

The picture shows the stock price trend of LVMH in the past three months.

Up to now, Forbes has announced that Bernard Arnault is worth $51 billion, much higher than the $41 billion 500 million announced in March, and its value has soared nearly $10 billion in just a month. It is 3 higher than that of the former New York mayor Michael Bloomberg and Koch brothers, the eighth richest figure in Forbes.

In addition, in March, Bernard Arnault also replaced the heir of L'OREAL group (EPA:OR), Liliane Bettencourt, to become France's richest man.

The Bernard Arnault family announced on Tuesday that it will buy the remaining 25.9% stake in Christian Dior with 12 billion 100 million euros.

According to the takeover offer, the Bernard Arnault family will pay 172 euros in cash for each Dior group share, plus 0.192 shares of Hermes shares.

After the acquisition is completed, LVMH will have Dior at the same time.

And perfume department.

In the first three months of March 31st, LVMH sales increased by 15% to 9 billion 900 million euros, and organic revenue grew 13%, exceeding 9% of analysts' expectations.

All sectors of the Group recorded double-digit growth in the counter trend, including LV, Fendi and so on.

The fashion leather sector grew particularly significantly, up 15% to 3 billion 405 million euros compared with the same period last year.

Although the luxury industry has been warming up in the past half year.

But Bernard Arnault is not optimistic about the future. He said in his performance report last year: "every ten years, there will be eight years of good life and two bad days. Seeing that the ten year cycle will be bottomed out.

The economic downturn may create opportunities for acquisitions and expansion of market share, but we believe that the second half of this year will be particularly difficult. "

LVMH was founded in 1987 by the merger of luxury brand LV and MOET & CHANDON Hennessy, while MOET & CHANDON Hennessy was acquired in 1971 by champagne maker Mok Yue and Cognac brandy manufacturers.

At present, the group controls about 60 brands, which usually operate independently.

Bernard Arnault successfully integrated various well-known brands into the group, which inspired the imitation of other luxury brands.

The French group Kai Yun group (formerly PPR) and the Swiss calendar have also created an extended portfolio of luxury brands.

It is noteworthy that online sales have become the most important engine of growth in the luxury industry.

At present, the total sales volume of LVMH group is only about 5% Euro 2 billion, which obviously can not satisfy the ambition of Bernard Arnault.

According to the world clothing shoes and hats net, LVMH group is preparing to build a large business platform itself. Internal information means that the electronic business platform is positioned as the French version of Net-a-Porter, and will be launched in June.

The French luxury brand C e line, which has long been far away from the Internet and social media, also ushered in the new CEO S verine Merle this month. The focus will be on digital upgrading and pformation, and the first e-commerce platform will be launched by the end of the year.

As a result of the revival of the luxury sector, LVMH shares continued to rise and record high until yesterday. The market value increased to 114 billion 800 million euros, and is the only luxury group in the world with a market value of more than 100 billion euros.

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