LVMH Scion Antoine Arnault Adds Luxury Carmaker Delage to His Investment Portfolio
9 Articles
9 Articles
Antoine Arnault diversifies his investments by entering Delage Automobiles' capital. Bernard Arnault's eldest son joins several investors around the legendary French brand, which continues its development with its spectacular D12.
The Economic Times
Times of IndiaLVMH Scion Antoine Arnault adds luxury carmaker Delage to his investment portfolio
Antoine Arnault, the 49-year-old executive in his father's sprawling luxury empire LVMH, is the latest to join the roster of wealthy shareholders in Delage Automobiles. The French company, which is undergoing a revival, makes limited-edition cars that cost at least 2 million ($2.3 million) each and competes in the same market as Bugatti and Koenigsegg.
Antoine Arnault buys shares at Delage. The French manufacturer manufactures vehicles in small series that cost at least two million euros – and now wants to grow internationally.
The world's richest luxury family is challenging Koenigsegg. The owners behind Louis Vuitton are investing in hypercars. The car brand disappeared in the 1950s but is now making an unlikely comeback. Koenigsegg and Bugatti are getting unexpected competition. A forgotten car brand from France is preparing for a new attack on the world's most expensive hypercars. Now the son of super-billionaire Bernard Arnault is stepping in as a co-owner. The go…
Antoine Arnault has just invested in Delage, the French supercar brand revived by Laurent Tapie. Along with the Pinault family and Xavier Niel, it strengthens a tricolor ecosystem that claims 95% capital...
Coverage Details
Bias Distribution
- 60% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
