Bernard Arnault
5 statements across 3 episodes · 2 bullish · 0 bearish · 3 people on the record · first statement Oct 30, 2023 by Charlie Munger · said 67 times in 12 episodes since 2022 · across every show →
Mentions by year
brought up most by David Rosenthal (49), Ben Gilbert (12), Howard Schultz (4), David Senra (1), Andrew Marks (1)
tap a year for its mentions
2025 3 mentions in 3 episodes 1 per episode
2024 56 mentions in 5 episodes 11 per episode
2023 7 mentions in 3 episodes 2 per episode
2022 1 mention in 1 episode
Everything said about Bernard Arnault, oldest first
Oct 30, 2023 positive
Dec 18, 2023 bullish
Senra: Bernard Arnault might be the best active entrepreneur globally
“I highly suspect he might be the best entrepreneur on the planet that's still operating and running his company right now. And if you think about the fact that he knows everything down from the tiniest details, which there's crazy stories about this, to the bi…”
Feb 20, 2024
Over 50 Hermès family members locked 50.2% equity to block LVMH.
“So in 2011, the family comes together, and over 50 of the 80 family members collectively contribute 50.2% of the equity in the company into a new cooperative vehicle that's called H-fifty-one, as in 51% of Hermes. As in, this vehicle will have majority control…”
Feb 20, 2024 neutral
Bernard Arnault secretly accumulated Hermès shares using equity swaps over ten years.
“So in 2001, right after he lost Gucci, Bernard quietly buys an initial stake in Hermes of 4.9%.
Now I believe that was just under the threshold that they would have to disclose it under French securities regulations.
And then, here's what they do that the Herm…”
Feb 20, 2024
Bernard Arnault swapped his Hermès shares to secure 100% control of Dior.
“He takes the Hermes shares and does a share swap. So swaps that value directly With the 25% of Dior that he doesn't own, to bring that first into Group Arnault, his family office, and then he trades that into LVMH. So LVMH now finally, as a result of this, is …”