Investments
6
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Latest Bernard Arnault News
Oct 3, 2023
French prosecutors are currently investigating a transaction between Bernard Arnault, the CEO of LVMH, and a Russian businessman over suspicions of possible money laundering. The investigation was prompted by a warning from France’s anti-money-laundering unit, Tracfin. THE DETAILS The probe, in motion since 2022, has led to limited public information, with the Paris prosecutor’s office refraining from additional comments. In response to the allegations, Arnault’s lawyer has labelled them as baseless, with Arnault himself prepared to answer any related questions. THE WHY? The investigation highlights ongoing efforts to address potential financial wrongdoing in international business dealings. The results of the preliminary investigation will dictate whether French authorities will proceed with a formal investigation or dismiss the case entirely. Share:
Bernard Arnault Investments
6 Investments
Bernard Arnault has made 6 investments. Their latest investment was in Devialet as part of their Series D on September 9, 2022.
Bernard Arnault Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
9/13/2022 | Series D | Devialet | $50M | No | 8 | |
5/26/2020 | Corporate Minority | |||||
11/24/2017 | Seed VC | |||||
6/18/2015 | Series B | |||||
11/12/2012 | Series A |
Date | 9/13/2022 | 5/26/2020 | 11/24/2017 | 6/18/2015 | 11/12/2012 |
|---|---|---|---|---|---|
Round | Series D | Corporate Minority | Seed VC | Series B | Series A |
Company | Devialet | ||||
Amount | $50M | ||||
New? | No | ||||
Co-Investors | |||||
Sources | 8 |
Bernard Arnault Acquisitions
1 Acquisition
Bernard Arnault acquired 1 company. Their latest acquisition was Lagardere Capital & Management on September 24, 2020.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
9/24/2020 | Other | Corporate Majority | 3 |
Date | 9/24/2020 |
|---|---|
Investment Stage | Other |
Companies | |
Valuation | |
Total Funding | |
Note | Corporate Majority |
Sources | 3 |
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