As of that date, the family group led by Bernard Arnault controlled approximately 248.87 million shares, representing 50.01% of the capital, and 491.22 million voting rights, or 65.94% of the voting rights.

This stake is currently split between the Christian Dior holding company, with 42.2% of the capital, Financière Agache (6.7%), the Arnault family directly (0.57%), and Agache S.A. (6.73%).

At the last update, which dated from the semi-annual report as of June 30, 2025, the Arnault family held 49.44% of the capital and 65.76% of the voting rights in the luxury giant.

This increase in the Arnault family's control over the group—home to 70 brands including Louis Vuitton, Bulgari, and Moët & Chandon—comes as LVMH's share price has dropped by more than 38% since its all-time high above 900 euros in April 2023.

The move, long anticipated by the market, was met without much reaction on Wednesday morning at the Paris stock exchange, where LVMH shares slipped nearly 1.2% in a CAC 40 index up 0.3%, while Christian Dior shares lost around 1%.

At current share prices, the Arnault family's stake in LVMH—which remains among the three largest European market capitalizations (behind ASML and Roche) with a valuation of 276 billion euros—is estimated at around 138 billion euros.