{"id":2767,"date":"2026-07-29T09:04:37","date_gmt":"2026-07-29T09:04:37","guid":{"rendered":"https:\/\/americanhomejournals.com\/?p=2767"},"modified":"2026-07-29T09:04:37","modified_gmt":"2026-07-29T09:04:37","slug":"the-5-most-interesting-takeaways-from-bernard-arnaults-rare-podcast-interview","status":"publish","type":"post","link":"https:\/\/americanhomejournals.com\/?p=2767","title":{"rendered":"The 5 most interesting takeaways from Bernard Arnault&#8217;s rare podcast interview"},"content":{"rendered":"<section>\n<p>Bernard Arnault, the 77-year-old billionaire founder and CEO of LVMH, rarely sits for long interviews. &#8220;Why give out information?&#8221; he joked when Guillaume Pley, the host of the French podcast &#8220;LEGEND,&#8221; brought up how little is known about him.<\/p>\n<p>Read more <a href=\"https:\/\/americanhomejournals.com\/?p=2765\">The tao of Steve Krug<\/a><\/p>\n<p>In a rare conversation running over an hour and a half, released earlier this month, the man behind Louis Vuitton, Dior, and Tiffany &amp; Co. opened up about everything from advising Steve Jobs to a surreal dinner with Donald Trump.<\/p>\n<p>Here are the five most interesting takeaways.<\/p>\n<h2>1. Steve Jobs asked him for advice on Apple&#8217;s stores, then told him Dom Perignon would outlast the iPhone<\/h2>\n<p>Arnault said Jobs approached him when Apple was launching its retail stores, at a time when &#8220;nobody in the technology business&#8221; sold its own products in boutiques.<\/p>\n<p>&#8220;We told him: if you want to make beautiful stores, come and see what Vuitton is doing,&#8221; Arnault said, adding that Apple sent someone to study the brand&#8217;s boutiques and that he advised Jobs to put Apple Stores in the same prime locations as Louis Vuitton, including a flagship spot on Tokyo&#8217;s Ginza that he said still draws crowds today.<\/p>\n<p>The last time the two men met, Arnault recalled, Jobs paid him a compliment that stuck with him: &#8220;You know, my phone is great \u2014 but what you do is even better, because I&#8217;m convinced that in a century, your Dom Perignon will still be here, and my phone will be completely obsolete.&#8221;<\/p>\n<h2>2. His investing regret: dumping a near-20% stake in Netflix too early<\/h2>\n<p>Arnault, who is today the 9th-richest person in the world, revealed that his family investment team was an early backer of Netflix, holding what he said was almost 20% of the company. The position was a big winner, but not nearly as big as it could have been.<\/p>\n<p>&#8220;I sold too early,&#8221; he said, estimating the stake would be worth 10 times more today.<\/p>\n<p>He also described a stroke of pure luck from the dot-com bust: a dissolved American venture fund he&#8217;d invested in mailed him its remaining assets: a &#8220;good bundle&#8221; of Google shares, he said, that were then worth around 2 or 3 euros each.<\/p>\n<p>&#8220;At the time, we didn&#8217;t really know what it was,&#8221; he said. &#8220;It was a good deal we had absolutely nothing to do with.&#8221;<\/p>\n<h2>3. How he raised billionaire kids who still show up to work<\/h2>\n<p>All five of Arnault&#8217;s children hold senior roles across LVMH, and he was candid about how involved he was in that outcome.<\/p>\n<p>He said he brought his children into the business early, walking them through his deals and investments, and setting a clear condition: &#8220;I told them: if you one day want to take part in all this, in one way or another, you absolutely need to study hard \u2014 because otherwise, it&#8217;s not possible.&#8221;<\/p>\n<p>He contrasted that with what he saw among other wealthy families, where children of fortune spend their time &#8220;buying big cars&#8221; and partying.<\/p>\n<p>Read more <a href=\"https:\/\/americanhomejournals.com\/?p=2763\">The 3 biggest takeaways from Mark Zuckerberg\u2019s media blitz<\/a><\/p>\n<p>He also got hands-on. When one of his sons struggled with math before his baccalaur\u00e9at, the French high school exams, Arnault said, &#8220;I would come home at 6 p.m. to help him with his math problems.&#8221;<\/p>\n<p>As for their futures at the company, Arnault insisted the same rules apply to everyone: &#8220;We progress, at LVMH, through a system of meritocracy.&#8221;<\/p>\n<h2>4. His business advice? Forget marketing, perfect the product, and persevere<\/h2>\n<p>Asked whether he gets involved in the creative side of LVMH&#8217;s 75-plus houses, Arnault said he did, &#8220;I have a certain aptitude, I believe, for seeing what will work.&#8221;<\/p>\n<p>That instinct extends all the way to the shop floor. Arnault said that when he visits a store, &#8220;I can clearly see what might need improving.&#8221; He said he jokes to his Paris store managers that they should hire him as &#8220;director of visual merchandising&#8221; because he makes changes on a visit, returns the following week, and, by his telling, is told the boutique is performing better.<\/p>\n<p>Arnault said long-term success in his business comes down to one thing: the quality of the product. He said he once told Louis Vuitton&#8217;s own marketing department that a true luxury house shouldn&#8217;t do marketing at all.<\/p>\n<p>&#8220;You must not do marketing. You must create, and it&#8217;s your products that must impose themselves,&#8221; he said on the podcast.<\/p>\n<p>Pressed at the end of the interview for the single indispensable quality for lasting in business, his answer was simple: &#8220;I think you have to be persevering.&#8221;<\/p>\n<h2>5. He had dinner with Trump on the day of the second assassination attempt and found him &#8216;totally relaxed&#8217;<\/h2>\n<p>Arnault, who says he met Donald Trump when they both were in real estate in 1980s New York, recounted a surreal evening with the president.<\/p>\n<p>Driving to a planned dinner at Trump&#8217;s home with his son Alexandre, Arnault heard on the radio that the Secret Service had found an armed man near Trump&#8217;s golf course, the second apparent attempt on his life, after the rally shooting that grazed his ear.<\/p>\n<p>&#8220;I said, &#8216;Alexandre, it&#8217;s over. The dinner is off,&#8221; Arnault recalled. Instead, the dinner went ahead. When the Arnaults told him how terrible the afternoon&#8217;s events were, Trump reportedly waved it off and said, &#8220;2-0,&#8221; and was &#8220;totally relaxed.&#8221;<\/p>\n<p>Arnault also offered a glimpse of how he interacts with Trump on trade, saying he lobbies him directly on tariffs: &#8220;I don&#8217;t always get what I ask for, but I discuss.&#8221; During Trump&#8217;s first term, he said that approach secured an exemption for French wines and spirits.<\/p>\n<p>Read more <a href=\"https:\/\/americanhomejournals.com\/?p=2761\">What smart people are saying about Trump\u2019s ban on new Chinese humanoid robots<\/a><\/p>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Why give out information?&#8221; joked Bernard Arnault, LVMH CEO, in a rare interview on the &#8220;LEGEND&#8221; podcast.<\/p>\n","protected":false},"author":1,"featured_media":2766,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-2767","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-retail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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