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Fortune
Fortune
Prarthana Prakash

LVMH's Bernard Arnault has quietly invested in AI startups via his family office

bernard arnault in a suit (Credit: Ludovic Marin—AFP/Getty Images)

Few business areas go untouched by the influential Arnault family. LVMH is the family’s best-known business, and its sprawling luxury fashion empire owns Louis Vuitton, Christian Dior, Tag Heuer, and more. 

But the Arnaults’ reach goes well beyond top-end brands. For instance, patriarch Bernard Arnault bought a three-star Parisian bistro ahead of the Paris Olympics, for which LVMH was a big sponsor. Other acquisitions, such as that of the world’s first department store, Le Bon Marche, happened decades ago.

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