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The gigantic French group of companies "Louis Vuitton Moët Hennessy" was created in 1987. The founder and CEO Bernard Jean Étienne Arnault (* 1949) also holds 47.5% of the company's shares (64% of the voting rights) through its holding company "Groupe Arnault". This has a dominant participation in champagne production through the five top houses connected jug. Mercier. Moët et Chandon. Ruinart and Veuve Clicquot-Ponsardin, There is also a participation or ownership in the wineries Cape Mentelle and Domaine Chandon (Australia), Château Cheval Blanc. Château d'Yquem and Château La Tour-du-Pin-Figeac (France), Cloudy Bay (New Zealand), as well as at the cognac company Hennessy,

The importance as a luxury goods group is rounded off by the top brands Christian Dior (perfumes), Louis Vuitton (leather goods) and Zenith (watches). There are numerous branches and international joint ventures in Argentina, Australia, Brazil, China, Germany, Japan, California, New Zealand and Spain. Various sales and production companies belonging to the company play a major role in the global wine and spirits trade. Since 1997 LVMH has also been at the drinks multi with 11% Diageo involved. The group has 56,000 employees worldwide. See also under globalization and largest wine companies in the world,

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