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How the billionaire ‘godfather of the Olympics’ made his fortune

David McHugh and Thomas Adamson

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Paris | For decades, France’s LVMH has been the face of luxury for the wealthy who tote Louis Vuitton bags, don Christian Dior clothing, spritz Bulgari perfume and sip Veuve Clicquot Champagne.

This week, the world’s dominant luxury group — home to 75 high-end brands across fashion, jewellery, watches and alcohol — will be the face of a global event for the masses: the Paris Olympics, with its billions of viewers around the planet.

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    Original URL: https://www.afr.com/companies/sport/how-the-billionaire-godfather-of-the-olympics-made-his-fortune-20240724-p5jw13