Meet Frédéric Arnault: The Son Of Billionaire Bernard Arnault And CEO Of Tag Heuer

Bernard Arnault, the wealthiest man in Europe, has not yet disclosed his LVMH succession plan, although his fourth kid, Frédéric, has excelled in his role as CEO of Tag Heuer. The 27-year-old has played tennis with Roger Federer and Félix Auger-Aliassime, speaks four languages, and even plays the piano like his mother. He even once served as a Facebook intern. When it comes to luxury products, the Arnaults are the first family in the entire globe. The family behind the LVMH Moet Hennessy Louis Vuitton merger, led by Bernard Arnault, is often regarded as the wealthiest person in Europe.

The luxury firm has been managed for decades by 73-year-old Arnault. His projected $155 billion net wealth. Louis Vuitton, Christian Dior, Moet & Chandon, and TAG Heuer are the fashion houses that makeup LVMH. As time passes, rumors concerning Bernard’s replacement have become more robust, which is made worse by the fact that the family won’t discuss it publicly. Frédéric, Bernard’s third son, is one of those up for the position and has been establishing a name for himself as chief executive of Tag Heuer. The following below are facts about Frédéric Arnault’s life and career.

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Normal Family Life Of The Arnaults

A post shared by Frédéric Arnault (@frederic.arnault)

Frederic Arnault was born to parents multi billionaire Bernard Arnault and Hélène Mercier welcomed their son Frédéric Arnault in 1995. The Arnault family is already the wealthiest in the world. The place and time of the businessman’s birth have not been disclosed because Frédéric tends to be quiet. Frédéric is close with his brothers Alexandre and Jean Arnault, though. The trio frequently appears together on vacations and other outings, participating in opulent pursuits. Even though Frédéric’s brother Jean is a more private person who does not enjoy revealing details of his personal life to the public, Frédéric frequently posts images of them on his Instagram.

Like Frédéric and Jean, Alexandre does not hesitate to express his siblings his love for them. Along with his two brothers, Delphine Arnault and Antoine Arnault are also half-brothers to Frédéric through his father’s first marriage to Anne Dewavrin. The CEO of TAG Heuer has not posted pictures of his half-brother and sister on social media, in contrast to his own brothers. Frédéric is committed to accomplishing his goal despite his youth. He has dedicated himself to it. The young man is fully aware of how much he still needs to prove, and he is doing everything in his strength to ensure that his employees see their CEO as a leader and adhere to his corporate goals.

Frédéric Arnault Being Acquainted With Tag Heuer

A post shared by Frédéric Arnault (@frederic.arnault)

The young businessman first became acquainted with luxurious brand TAG Heuer when he was 11 and received a TAG Heuer Aquaracer from his father. His father acquired the company in 1999, and it has since grown to be LVMH’s most significant watch brand. After his brother Alexandre, Frédéric was the second-youngest Arnault to hold that position when he was named CEO of TAG Heuer at 25. While he devotes a lot of attention to connected watches, which currently account for 15% of all sales, his primary focus is e-commerce, which is expected to grow by 329 percent in 2020.

He also helped TAG Heuer secure a significant partnership with Porsche. At the upscale watch company TAG Heuer, Frédéric became the CEO. He attended École Polytechnique, where he co-founded and sold to BNP, a mobile payments firm, with a friend. After then, he worked full-time as the director of the strategy and digital for TAG Heuer. Frédéric Arnault served as Lead Paramedic for the Paris Brigade of Sapeurs-Pompiers from October 2014 to March 2015. Later, he was keen to continue his father’s business venture and joined it. Frédéric Arnault served as Tag Heuer’s Strategy and Digital Director from 2018 to 2020.

Making His Presence Known In The Fashion Industry

A post shared by Frédéric Arnault (@frederic.arnault)

He gained fame in 2020 when he teamed up with Ryan Gosling for Tag Heuer after taking over. Because Gosling had no social media presence and had never previously supported a product, the arrangement initially seemed strange. Frédéric recognized a chance and ultimately agreed to a two-year contract with Ryan Gosling after negotiations for one and a half years. In the third quarter of last year, it posted watch and jewelry sector revenues of $7.1 billion. In addition to speaking English, Italian, and German with ease, Frédéric is a multitalented individual who plays the piano and tennis. Over the previous three years, he has worked for the company in various capacities, developing digital strategies as watch manufacturers struggle to communicate with a new generation of buyers.

He formally started his post as the brand’s chief executive. Frédéric worked closely with current TAG CEO Stéphane Bianchi before joining Facebook and McKinsey, despite being very young for his new position. LVMH-owned Swiss luxury watch company Tag Heuer’s revenues have recovered since Frédéric Arnault took over as CEO in July 2020. He aims to grow Tag Heuer into a $1 billion company. That eliminates any room for laziness. Competitors like Breitling are also expanding quickly. And Frédéric, son of LVMH boss Bernard Arnault, says there is plenty to do. He’s bullish on everything from connected watches to lab-grown diamonds and NFTs.

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Sources: Vogue Business, Economic Times, Fortune

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