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Tiffany Role Puts Billionaire Arnault’s Son in Luxury Big League

A chance to help run the iconic American jeweler Tiffany & Co has catapulted Alexandre Arnault into the luxury world’s top echelons. The 28-year-old son of French billionaire Bernard Arnault was thrust into the limelight on Thursday with a key role at Tiffany, after LVMH completed its $16 billion takeover -- the luxury industry’s biggest.

According to Philippe Pele-Clamour, adjunct professor at business school HEC Paris, “Bernard Arnault is building a fair process between the Arnault siblings by testing them,” he says in an interview with Bloomberg.