LVMH is a quantifiable company in a famously squishy brand discussion in tech companies
LVMH is the 15th largest company in the world by market cap, excluding technology and oil companies
LVMH's market cap has grown 20x in 20 years
LVMH owns a vast number of brands across fashion, handbags, perfume, watches, jewelry, wine, spirits, and travel, including Dior, Louis Vuitton, Moet, Hennessy, and Tiffany
We tell the full history of LVMH, and how Bernard Arnault turned a $15m investment in a bankrupt French textile company into the world’s largest individual fortune. It’s a story that’s equal parts Berkshire Hathaway, Steve Jobs and Barbarians at the Gate… and wholly under-appreciated for the genius business model innovations that enabled it. Whatever industry you operate or invest in, there’s so much to be learned from Bernard and LVMH’s complete reshaping of the luxury sector over the past three and a half decades. And oh yeah, it also involves Nazi spies, Italian family murders, Rupert Murdoch, Rihanna becoming a billionaire, Jay-Z’s champagne feuds and Beyoncé wearing a 128 carat diamond. Tune in! :)
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