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{{Short description|French businesswoman (born 1975)}}
'''Delphine Arnault''' ([[4 April]] [[1975]]) is a [[billionaire]] [[France|French]] [[businesswoman]] with the [[LVMH]] [[luxury goods]] [[conglomerate]]. The daughter of [[Bernard Arnault]], she is one of the richest women in the world; on [[September 24]], [[2005]], she married [[Alessandro Vallarino Gancia]], heir to an [[Italian]] [[wine]] fortune.
{{Use dmy dates|date=March 2023}}
{{Infobox person
| name = Delphine Arnault
| image =
| image_size =
| caption = Arnault in 2019
| birth_name = Delphine Caroline Marie Arnault
| birth_date = {{Birth date and age|1975|04|04|df=yes}}<ref>{{cite web | url=https://www.lvmh.com/group/about-lvmh/governance/executive-committee/delphine-arnault/ | title=Delphine Arnault | access-date=4 February 2024 | archive-date=26 December 2023 | archive-url=https://web.archive.org/web/20231226190144/https://www.lvmh.com/group/about-lvmh/governance/executive-committee/delphine-arnault/ | url-status=live }}</ref>
| birth_place = [[Neuilly-sur-Seine]], France
| spouse = {{marriage|Alessandro Vallarino Gancia|2005|2010|end=divorce}}
| partner = [[Xavier Niel]] (2010–present)<ref name="challenges1">{{Cite web|title=Biographie de Xavier Niel|url=https://www.challenges.fr/classements/fortune/xavier-niel-et-sa-famille_1337|publisher=[[Challenges (magazine)|Challenges]]|language=fr|access-date=25 May 2020|quote=''Le compagnon de Delphine Arnault, fille de Bernard Arnault, est le plus gros business angel français''}}</ref>
| children = 4
| father = [[Bernard Arnault]]
| relatives = [[Antoine Arnault]] (brother)
| website =
}}
'''Delphine Caroline Marie Arnault''' ({{IPA|fr|dɛlfin aʁno|lang}}; born 4 April 1975) is a French businesswoman who is the daughter of [[Bernard Arnault]] and sister of [[Antoine Arnault]].<ref>{{Cite news |last=Rupert |first=Neate |date=11 January 2023 |title=LVMH billionaire Bernard Arnault appoints daughter to run Dior |url=https://www.theguardian.com/business/2023/jan/11/bernard-arnault-appoints-daughter-delphine-dior-chief-executive-lvmh |access-date=20 August 2024 |work=The Guardian}}</ref> She is a director of [[LVMH]] and has been Executive Vice President of [[Louis Vuitton]] since 2013.<ref>{{cite web |title=Delphine Arnault, LVMH chairman's daughter, named CEO of Christian Dior Couture |url=https://www.bizjournals.com/baltimore/bizwomen/news/latest-news/2023/01/lvmh-chairman-names-his-daughter-ceo-of-christian.html |publisher=American City Business Journals |access-date=10 December 2024}}</ref> She became the chairperson and [[chief executive officer]] of [[Dior|Christian Dior Couture]] in February 2023.<ref name="Guardian 2023"/>


==Biography==
==Early life==
She is the elder child of [[Bernard Arnault]] from his first wife, Anne Dewavrin. She has a younger brother, [[Antoine Arnault]], as well as three half-brothers from her father's second marriage.
Arnault was in [[2004]] one of the world's richest women with a wealth exceeding 14.4 billion [[Euro]]. At the age of 29 she became the only woman to have reached the position of director for LVMH. In 2005 she controlled 47.5% of the stocks in LVMH and is the biggest individual stockholder. Measured in turnover, LVMH is the biggest luxury produce company in the world. In France she has been referred to as the ''Napoleon of the luxury product business'', and as the ''Wolf in a cashmere coat''. She became the HR manager for the LVMH group in 2002. Arnault has particularly contributed in the development of [[Christian Dior SA|Dior Parfums]].


Between the ages of seven and ten, she and her family lived in [[New Rochelle, New York]], where she and her brother attended a French-American school.<ref name="ft">{{cite web|first=Jo|last=Ellison|date=10 October 2014|url=https://www.ft.com/content/108909f8-4dfe-11e4-adfe-00144feab7de|title=Lunch with the FT: Delphine Arnault|work=[[Financial Times]]|access-date=25 May 2020}}</ref><ref name=wsj2013>{{Cite news |last=Levine |first=Joshua |date=16 February 2013 |title=The Arnault Legacy |url=https://www.wsj.com/articles/SB10001424127887323375204578270233390237380 |work=The Wall Street Journal}}</ref> She later earned degrees from the [[London School of Economics]] and [[EDHEC Business School (Ecole des Hautes Etudes Commerciales du Nord)]].<ref>{{Cite web|title=Delphine Arnault devient numéro 2 de Louis Vuitton|url=https://www.lesechos.fr/2013/06/delphine-arnault-devient-numero-2-de-louis-vuitton-340932|date=25 June 2013|website=Les Echos|language=fr|access-date=30 April 2020}}</ref><ref>{{Cite web|title=Les petits secrets de la famille Arnault, propriétaire de LVMH.|url=https://www.capital.fr/entreprises-marches/les-petits-secrets-de-la-famille-arnault-proprietaire-de-lvmh-1219747|date=5 April 2017|website=Capital.fr|language=fr|access-date=30 April 2020}}</ref>
Arnault is a graduate of the [[EDHEC]] school of commerce in [[Lille]] and the [[London School of Economics]]. She has been the leader of several organisations, not only those linked to her father's business, but also scholarly organisations like student organisations at the London School of Economics. She has a silent personality and dislikes media attention. She appreciates the arts, particularly [[dadaism]], and she likes collectibles, just like her father.


In 1994, she was presented as a [[debutante]] at ''[[Le Bal des débutantes]]'' in Paris.<ref>{{cite web | title=le Bal des Débutantes 1994 | website=Le Bal | date=23 June 2023 | url=https://www.lebal.paris/editions/le-bal-des-debutantes-1994/ | access-date=24 February 2024}}</ref>
==Her wedding==
Arnault married on Saturday, [[September 24, 2005]], in the [[Roman Catholic]] [[Cathédrale Saint-Jean-Baptiste de Bazas]] in [[Gironde]], classified by [[Unesco]] as a [[world heritage]] building. She married the 38 year-old Alessandro Vallarino Gancia, heir to an [[Italy|Italian]] dynasty of wines. Her wedding became the main happening in 2005 for the French [[upper class]]. Her dress was designed by [[John Galliano]] for Dior. After the ceremony, the reception took place in the [[Château d'Yquem]], in [[Bordeaux]].


==Career==
The guest included personalities of the business world, politics and fashion. Among them, were [[John Galliano]], who designed her haute couture dress for the wedding and the one for the reception, [[Bernadette Chirac]], the French first lady, the designer [[Karl Lagerfeld]], [[Glenda Bailey]] manager of the magazine [[Harper's Bazaar]], the ministers [[Thierry Breton]], [[Jean-François Copé]] and [[Renaud Dutreil]]. The conservative French politician [[Nicolas Sarkozy]] joined them for dinner in the castle of [[Yquem]]. Some photos were published in an issue of European ''Hello!'' magazine.
Arnault began her career working at [[McKinsey & Company]] for two years.<ref name="ft"/> She joined [[LVMH]] in 2000,<ref>[https://www.forbes.com/2007/05/15/hottest-billionaire-heiresses-forbeslife-cz_cv_lk_0515heiresses_slide_4.html?partner=gazeta Delphine Arnault], ''Forbes'', 15 May 2007.</ref> initially working with Dior creative director [[John Galliano]]'s own label.<ref name=wsj2013 /><ref name=vogue202403 />


Since 2003, Arnault has been a member of the management board of the LVMH group, the first woman and youngest person to occupy that post.<ref>[https://archive.today/20141027094414/http://investing.businessweek.com/research/stocks/private/person.asp?personId=7817616&privcapId=12344282 Delphine Arnault – Director and Executive Vice President of Louis Vuitton, LVMH Moet Hennessy Louis Vuitton SA], ''Investing Businessweek''</ref> She is also a member of the board of directors for [[Moët Hennessy]] and [[M6 (TV channel)|M6]], as well as a managing partner of a wealth management company.
==External links==
Her marriage
*[http://www.esmas.com/vanidades/queesta/486651.html Vanidades]
*[http://notre-mariage.blogspirit.com/archive/2005/09/24/le-mariage-princier-de-delphine-arnault.html Wedding blog]
*[http://www.madamefigaro.fr/people/20050919.MAD0009.html Madame Figaro]
Her artwork
*[http://shinbun2003.japan-expo.com/phototheque.php?numero=21 Phototheque] drawing contest
**[http://www.japan-expo.com/shinbun2003/photos/illust/ARNAULT%20delphine.jpg Delphine Arnault's entry]


In 2008, Arnault was named deputy chief of the designer [[Dior|Christian Dior Couture]], which she quit in 2013 to join Louis Vuitton as a director and executive vice president.<ref>Lisa Wang,[http://www.businessoffashion.com/2013/06/power-moves-delphine-arnault-leaves-dior-for-louis-vuitton.html Power Moves | Delphine Arnault to Leave Dior for Louis Vuitton] {{Webarchive|url=https://web.archive.org/web/20141027110122/http://www.businessoffashion.com/2013/06/power-moves-delphine-arnault-leaves-dior-for-louis-vuitton.html |date=27 October 2014 }}, ''Business of Fashion'', 24 June 2013</ref><ref>[http://www.vogue.co.uk/news/2013/06/25/delphine-arnault-moves-from-dior-to-louis-vuitton---deputy-general-manager Arnault's Girl Makes Vuitton Move], ''Vogue.co.uk'', 25 June 2013.</ref>
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[[Category:1975 births|Arnault, Delphine]]

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[[Category:Living people|Arnault, Delphine]]
In May 2014, Arnault started the LVMH Prize, an international competition for young fashion designers.<ref>[http://madame.lefigaro.fr/style/delphine-arnault-linstinct-de-mode-270514-856104 Delphine Arnault : l'instinct de mode], ''Le Figaro Madame'', 27 May 2014.</ref><ref>[http://fortune.com/40-under-40/delphine-arnault-23/ Delphine Arnault, 39], ''Fortune''</ref> The objective of the LVMH group is to discover the talents and creativity of new designers – "It is necessary to recognize the talent and creativity, as well as the ways in which we can best help the growth of their business", she confirmed.<ref>[http://www.lemonde.fr/style/article/2014/06/09/un-prix-pour-se-mettre-au-travail_4434520_1575563.html Un prix pour se mettre au travail], ''Le Monde'', 9 June 2014.</ref>
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[[Category:French businesspeople|Arnault, Delphine]]

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[[Category:Alumni of the London School of Economics|Arnault, Delphine]]
In January 2023, Arnault was appointed as CEO of Christian Dior Couture, effective in February.<ref name="Guardian 2023">{{cite news |last1=Neate |first1=Rupert |title=Luxury goods billionaire Bernard Arnault appoints daughter to run Dior |url=https://www.theguardian.com/business/2023/jan/11/bernard-arnault-appoints-daughter-delphine-dior-chief-executive-lvmh |access-date=11 January 2023 |work=The Guardian |date=11 January 2023}}</ref><ref>{{cite web |url=https://thefashionenthusiast.uk/stories/who-is-delphine-arnault-diors-new-ceo-and-the-eldest-daughter-of-the-worlds-wealthiest-man-bernard-arnault |title=Who is Delphine Arnault, Dior's new CEO and the eldest daughter of the world's wealthiest man, Bernard Arnault? | publisher=The Fashion Enthusiast|date=11 February 2023}}</ref> She was ranked 45th on ''[[Fortune (magazine)|Fortune]]''<nowiki/>'s list of Most Powerful Women in 2023.<ref>{{Cite web |title=Most Powerful Women |url=https://fortune.com/ranking/most-powerful-women/ |access-date= |website=Fortune |language=en}}</ref>
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[[Category:French businesspeople|Arnault, Delphine]]

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[[Category:French art collectors|Arnault, Delphine]]
==Other directorships==
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[[Category:Cosmetics magnates|Arnault, Delphine]]
* [[Gagosian Gallery]], member of the board of directors (since 2021)<ref>Daniel Cassady (16 November 2022), [https://www.artnews.com/art-news/news/gagosian-announces-board-of-directors-1234646912/ Gagosian Forms Star-Studded Board of Directors, Offering a Glimpse at the Gallery's Future] ''[[ARTnews]]''.</ref>
* [[20th Century Fox]], member of the board of directors (since 2013)<ref name="lefigaro.fr">Carole Bellemare avec Caroline Beyer,[http://www.lefigaro.fr/societes-francaises/2008/04/15/04010-20080415ARTFIG00633-delphine-arnault-gancia-impose-sa-marque-chez-dior-.php Delphine Arnault-Gancia impose sa marque chez Dior], ''le Figaro'', 16 April 2008</ref><ref>Sue Zeidler (18 October 2013), [https://www.reuters.com/article/entertainment-us-fox-murdoch-idUSBRE99H0QX20131018 Murdoch re-elected Twenty-First Century Fox chairman] ''[[Reuters]]''.</ref>
* [[Céline (brand)|Céline]], member of the board of directors (since 2011)
* [[Pucci (fashion brand)|Pucci]], member of the board of directors (since 2007)
* [[Loewe (fashion brand)|Loewe]], member of the board of directors (since 2002)
* [[Ferrari]], member of the board of directors<ref>[https://www.ferrari.com/en-EN/corporate/board-directors Board of Directors] [[Ferrari]].</ref>
* [[Havas]], member of the board of directors (2013–2019)<ref name="lefigaro.fr"/>

==Recognition==
On 1 December 2022, Arnault was among the guests invited to the [[state dinner]] hosted by American president [[Joe Biden]] in honor of French president [[Emmanuel Macron]] at the [[White House]].<ref>Aishvarya Kavi (1 December 2022), [https://www.nytimes.com/2022/12/01/us/politics/state-dinner-guest-list.html The Full Guest List for the State Dinner] ''[[New York Times]]''.</ref>

==Personal life==
Arnault married Alessandro Vallarino Gancia, heir to the Italian winemaker [[Gancia]], on 24 September 2005.<ref name="ft"/> They divorced in 2010.<ref name="ft"/>

Arnault has 4 children – 2 daughters born 2010 and 2012, and 2 sons born 2013 and 2017. Her 2 children with French businessman Xavier Niel, she has briefly mentioned in an interview with ''Vogue'', are named Elise and Joseph.<ref name=vogue202403>{{Cite web |last=Goodman |first=Gaby Wood,Annie Leibovitz,Tonne |date=2024-02-15 |title=Delphine Arnault on Family Ties, Protecting History, and a Year of Leadership at Dior |url=https://www.vogue.com/article/delphine-arnault-interview-march-2024 |access-date=2024-05-28 |website=Vogue |language=en-US}}</ref>

== References ==
{{Reflist}}

{{LVMH}}
{{Authority control}}

{{DEFAULTSORT:Arnault, Delphine}}
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[[Category:French businesspeople in fashion]]
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[[Category:1975 births]]
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[[Category:Living people]]
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[[Category:Arnault family|Delphine]]
[[Category:Debutantes of le Bal des débutantes]]
[[Category:Directors of LVMH]]
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[[Category:French art collectors]]
[[Category:Women art collectors]]
[[Category:French billionaires]]
[[Category:French chief executives]]
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[[Category:French cosmetics businesspeople]]
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[[Category:Alumni of the London School of Economics]]
[[Category:McKinsey & Company people]]
[[Category:21st-century French businesswomen]]
[[Category:21st-century French businesspeople]]
[[Category:EDHEC Business School alumni]]

Latest revision as of 05:55, 11 December 2024

Delphine Arnault
Born
Delphine Caroline Marie Arnault

(1975-04-04) 4 April 1975 (age 49)[1]
Neuilly-sur-Seine, France
Spouse
Alessandro Vallarino Gancia
​
​
(m. 2005; div. 2010)​
PartnerXavier Niel (2010–present)[2]
Children4
FatherBernard Arnault
RelativesAntoine Arnault (brother)

Delphine Caroline Marie Arnault (French: [dɛlfin aʁno]; born 4 April 1975) is a French businesswoman who is the daughter of Bernard Arnault and sister of Antoine Arnault.[3] She is a director of LVMH and has been Executive Vice President of Louis Vuitton since 2013.[4] She became the chairperson and chief executive officer of Christian Dior Couture in February 2023.[5]

Early life

[edit]

She is the elder child of Bernard Arnault from his first wife, Anne Dewavrin. She has a younger brother, Antoine Arnault, as well as three half-brothers from her father's second marriage.

Between the ages of seven and ten, she and her family lived in New Rochelle, New York, where she and her brother attended a French-American school.[6][7] She later earned degrees from the London School of Economics and EDHEC Business School (Ecole des Hautes Etudes Commerciales du Nord).[8][9]

In 1994, she was presented as a debutante at Le Bal des débutantes in Paris.[10]

Career

[edit]

Arnault began her career working at McKinsey & Company for two years.[6] She joined LVMH in 2000,[11] initially working with Dior creative director John Galliano's own label.[7][12]

Since 2003, Arnault has been a member of the management board of the LVMH group, the first woman and youngest person to occupy that post.[13] She is also a member of the board of directors for Moët Hennessy and M6, as well as a managing partner of a wealth management company.

In 2008, Arnault was named deputy chief of the designer Christian Dior Couture, which she quit in 2013 to join Louis Vuitton as a director and executive vice president.[14][15]

In May 2014, Arnault started the LVMH Prize, an international competition for young fashion designers.[16][17] The objective of the LVMH group is to discover the talents and creativity of new designers – "It is necessary to recognize the talent and creativity, as well as the ways in which we can best help the growth of their business", she confirmed.[18]

In January 2023, Arnault was appointed as CEO of Christian Dior Couture, effective in February.[5][19] She was ranked 45th on Fortune's list of Most Powerful Women in 2023.[20]

Other directorships

[edit]

Recognition

[edit]

On 1 December 2022, Arnault was among the guests invited to the state dinner hosted by American president Joe Biden in honor of French president Emmanuel Macron at the White House.[25]

Personal life

[edit]

Arnault married Alessandro Vallarino Gancia, heir to the Italian winemaker Gancia, on 24 September 2005.[6] They divorced in 2010.[6]

Arnault has 4 children – 2 daughters born 2010 and 2012, and 2 sons born 2013 and 2017. Her 2 children with French businessman Xavier Niel, she has briefly mentioned in an interview with Vogue, are named Elise and Joseph.[12]

References

[edit]
  1. ^ "Delphine Arnault". Archived from the original on 26 December 2023. Retrieved 4 February 2024.
  2. ^ "Biographie de Xavier Niel" (in French). Challenges. Retrieved 25 May 2020. Le compagnon de Delphine Arnault, fille de Bernard Arnault, est le plus gros business angel français
  3. ^ Rupert, Neate (11 January 2023). "LVMH billionaire Bernard Arnault appoints daughter to run Dior". The Guardian. Retrieved 20 August 2024.
  4. ^ "Delphine Arnault, LVMH chairman's daughter, named CEO of Christian Dior Couture". American City Business Journals. Retrieved 10 December 2024.
  5. ^ a b Neate, Rupert (11 January 2023). "Luxury goods billionaire Bernard Arnault appoints daughter to run Dior". The Guardian. Retrieved 11 January 2023.
  6. ^ a b c d Ellison, Jo (10 October 2014). "Lunch with the FT: Delphine Arnault". Financial Times. Retrieved 25 May 2020.
  7. ^ a b Levine, Joshua (16 February 2013). "The Arnault Legacy". The Wall Street Journal.
  8. ^ "Delphine Arnault devient numéro 2 de Louis Vuitton". Les Echos (in French). 25 June 2013. Retrieved 30 April 2020.
  9. ^ "Les petits secrets de la famille Arnault, propriétaire de LVMH". Capital.fr (in French). 5 April 2017. Retrieved 30 April 2020.
  10. ^ "le Bal des Débutantes 1994". Le Bal. 23 June 2023. Retrieved 24 February 2024.
  11. ^ Delphine Arnault, Forbes, 15 May 2007.
  12. ^ a b Goodman, Gaby Wood,Annie Leibovitz,Tonne (15 February 2024). "Delphine Arnault on Family Ties, Protecting History, and a Year of Leadership at Dior". Vogue. Retrieved 28 May 2024.{{cite web}}: CS1 maint: multiple names: authors list (link)
  13. ^ Delphine Arnault – Director and Executive Vice President of Louis Vuitton, LVMH Moet Hennessy Louis Vuitton SA, Investing Businessweek
  14. ^ Lisa Wang,Power Moves | Delphine Arnault to Leave Dior for Louis Vuitton Archived 27 October 2014 at the Wayback Machine, Business of Fashion, 24 June 2013
  15. ^ Arnault's Girl Makes Vuitton Move, Vogue.co.uk, 25 June 2013.
  16. ^ Delphine Arnault : l'instinct de mode, Le Figaro Madame, 27 May 2014.
  17. ^ Delphine Arnault, 39, Fortune
  18. ^ Un prix pour se mettre au travail, Le Monde, 9 June 2014.
  19. ^ "Who is Delphine Arnault, Dior's new CEO and the eldest daughter of the world's wealthiest man, Bernard Arnault?". The Fashion Enthusiast. 11 February 2023.
  20. ^ "Most Powerful Women". Fortune.
  21. ^ Daniel Cassady (16 November 2022), Gagosian Forms Star-Studded Board of Directors, Offering a Glimpse at the Gallery's Future ARTnews.
  22. ^ a b Carole Bellemare avec Caroline Beyer,Delphine Arnault-Gancia impose sa marque chez Dior, le Figaro, 16 April 2008
  23. ^ Sue Zeidler (18 October 2013), Murdoch re-elected Twenty-First Century Fox chairman Reuters.
  24. ^ Board of Directors Ferrari.
  25. ^ Aishvarya Kavi (1 December 2022), The Full Guest List for the State Dinner New York Times.
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