Is LVMH using NEPOTISM?! #nepobabies #arnault #bernardarnault #luxury #lvmh

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I was working at LeBonMarché, which is owned by LVMH, every saturday at 11am Bernard Arnault would arrive with Alexandre, its was part of a weekly tour across Paris of all the major flagships of the group, from LV to Guerlain, to meet all of the teams, employees, the clientele etc, He trained his son since he was 16 and he did the same for his older kids and for sure continued with the youngest, that family is very serious, those arent just nepo babies, in France we have never seen them in tabloïds, going to insane parties or clubbing, i mean of course they go to fancy events, but its always very much like work events where they represent the family, they are very discret, its very much like royalty...

F.R.F
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In Asia, children are supposed to take over family’s business, this has been here for decades, not nepotism but you don’t want your own children to strive.

aqsamuneer
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Listen I'm glad that they got the qualifications to match and they are clearly doing a decent job. I just need people to understand that when someone creates a family business and that's the legacy they're creating they have every right to hire family as long as their qualified and doing a good job. Why not. If I ever start a business all my children working up in there if they want to.

TheeStarlight
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This is the way they keep their money within the family, obviously they are not goin to let a John Doe take over

Noritacox
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Daddy gave em jobs so they don't kill him and get the inheritance

R.N.
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The point of having kids is to take care of them and set them up for success so they can continue the family legacy. He’s doing what he is supposed to do. We’re so used to generational trauma and debt we hate to see people do it the right way! No one bats and eye when a person on welfare has 4 kids but we get salty when the rich have kids.

robynchanelowens
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If I grew up in a wealthy family that set me up and all I had to do was not party, go to school and life freely, I’d proudly work my ass off to stay in the position my family appointed me to and I’d be damn good at it. Of course they’re capable. It’s about what you do with it. Stop making this guy look bad for raising strong smart children who will hopefully not have to suffer like so many parents did.

MEEE.com.
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I am pretty sure they know what they are doing as for rich families invest education for their kids. Also they were probably trained earlier in their lives. It works like a royal family.

Chinoiserie
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It’s absolutely fair! I know I’d groom my kids to take on the family businesses!

timekanewsome
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It is completely fair. He has placed people he trusts and knows in these positions. I would do the same.

hollystiener
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It's not a family business if there isn't a family involved.

maddonut
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In the Philippines, some of the business tycoons would let their children work their way up the ranks in their family owned company or even in another company. This is for them to know how everything operates and for them to see what they need to change.

violaballs
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What makes it not fair? Your money, your companies, your family...

Now imagine if it was your money, your companies and your family...

wok
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There no problem with this if they’re qualified, I’d do the same but I’m not a billionaire businessman 😢
And I don’t have kids 😂

JoumSutin
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You work hard to give your children opportunities. His children just happen to have bigger opportunities than mine. It’s up to the children to prove they deserved the chance.

Karen.c.h
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I’ve grown up in a family that only has negative things to say about people with money. “It’s not what you know it’s who” and “business owners never pay tax” are examples. It’s this attitude that keep the poor poor and the school system isn’t built to teach kids any different. Instead of teaching financial literacy and entrepreneurship, they learn to be compliant, obedient employees

jamie
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He obviously prepared his children from an early age. I say more power to this family.

robinpesek
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Why should they be ashamed of it? If I work my butt off and become successful, it’s to open doors for my family and love ones! It’s not like certain celebrities kids who have either zero talent but get major opportunities or put in Ivy League schools when they are dumb. These people are the best otherwise their father wouldn’t have put them there!

zazilicious
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Usually family businesses are carried on by the offsprings. Everyone wants to leave their kids in good place in life. Why hate on it. It is inate.

Mumsiken
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Nepotism is only bad when they put people that have zero qualification in charge of vital governmental departments, which in my country’s case ruined the economy back in the 80s. Modern days nepotism by a CEO of a multi billion dollar company will not affect you at all. It is indeed not fair, but life is also far from fair.

YourGuyDan