Eldest daughter of world’s richest person chosen to run €382bn luxury brand as part of shake-up

Bernard Arnault, the world’s richest person, has appointed his daughter Delphine to run Christian Dior, the second-biggest brand in his LVMH luxury goods empire.

Arnault, 73, is the chief executive, chair and majority shareholder of the group, which owns a swathe of high-end businesses including Louis Vuitton, Tiffany, Givenchy, Kering and Moet Hennessy.

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