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Founders: #296 Bernard Arnault (The Richest Man in the World)

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What I learned from reading The Taste of Luxury: Bernard Arnault and the Moet-Hennessy Louis Vuitton Story by Nadege Forestier and Nazanine Ravai. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes ---- Follow one of my favorite podcasts Invest Like The Best ! ---- [1:16] I am the boss. I shall be here on Monday morning and I shall be running the company in person. [4:30] The Taste of Luxury: Bernard Arnault and the Moet-Hennessy Louis Vuitton Story by Nadege Forestier and Nazanine Ravai [5:01] I highly recommend listening to Acquired’s episode on LVMH. It is excellent. [5:16] Business Breakdowns episode LVMH: The Wolf in Cashmere’s Conglomerate [6:16] Napoleon: A Concise Biography by David Bell. (Founders #294) [6:18] Mind of Napoleon: A Selection of His Written and Spoken Words by Napoleon and J. Christopher Herold. [7:20] I’m not so dominant that I can’t listen to creative ideas coming from other people. Successful people listen. Those who don’t listen, don’t survive long. — Driven From Within by Michael Jordan (Founders #213) [9:00] “I am very competitive. I always want to win.” —Bernard Arnault [10:39] What I'm interested is in doing. [11:43]

[00:00:00] I'm the boss. I should be here on Monday morning, and I should be running the company in person. LVMH had entered a new chapter of its history. Bernard Alnol had taken power. He did not realize how harsh his words sounded. That was not the type of thing that he cared about. For him, the stakes were altogether different. Yesterday, he had taken over Boussac, the ailing textile empire. Today, he was in control of LVMH. A few days before his 40th birthday, this youngster was at the head of the most expensive company in France. As chairman of the world's leading manufacturer of luxury…

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