The richest man in the world gave the company to his daughter.

Bernard Arnault and his daughter. Photo: Collected

Bernard Arnault, the richest man in the world, handed over the second largest brand of his commercial company LVMH to his daughter.

He handed over the responsibility of LVMH's second largest brand, Christian Dior, to his daughter Delphine. From now on all the commercial activities of this brand will be handled by Delphine. The world's richest man announced the reshuffle on Wednesday. He said, Delphine will handle the duties of CEO of Doerr from now on. News from NDTV. 

Delphine is the eldest daughter of Bernard Arnault. He is currently the Vice President of Louis Vuitton. He is in charge of handling all the commercial work there. He will take charge of the new post from February 1.

Delphine learned at the London School of Financial matters and joined the administration consultancy firm McKinsey. Delphine joined the family business in 2000. And in 2003, Delphine became a member of the LVHM board. Delphine was the first woman to become a board member. Not only that, he was the youngest member at the time of joining. He is currently 47 years old. 

Although Bernard is currently 73 years old, this billionaire can remain in charge of the chief executive for 80 years in the company with special powers. 

In private life, Bernard Arnault has been hitched two times and is the dad of 5 youngsters. Everybody in Arnault's family is related with his association LVMH. Arnault recently gave his second son Anthony Christian the big responsibility of doerr. This billionaire spends his free time playing tennis almost every day.