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Next issue: 25 August 2026

Families

Richemont CEO Johann Rupert and his son Anton Rupert Jr.
Richemont CEO Johann Rupert and his son Anton Rupert Jr.© Photomontage by Glitz – Sources: Richemont

Spotlight | Rupert family
How Richemont's owners ringfenced their holdings

Alongside the Arnaults with LVMH, the Ruperts are the only family in the luxury sector to have structured control of their group, Richemont, across multiple holding companies registered in various territories. These arrangements, perfected over several years, ensure the clan's continued dominance and are designed to facilitate the eventual handover of the chairmanship from Johann to his son Anton.
LogoSubscribers only Switzerland 28.07.2026
Aymeric Le Clere is the discreet orchestrator of the Arnaults' financial affairs.
Aymeric Le Clere is the discreet orchestrator of the Arnaults' financial affairs.© Photomontage by Glitz – Sources: Gonzalo Fuentes (Reuters)

Front Row | LVMH
Aymeric Le Clere, the Arnaults' invisible financial adviser

Although his name is not widely known to the general public, the Frenchman manages the finances of several of the Arnault family's holding companies. At the same time, he is a director at Stanislas, the private Catholic school favoured by the Parisian elite.
LogoSubscribers only France 23.07.2026
François Pinault is the only luxury tycoon to fund the activist artist Barbara Kruger.
François Pinault is the only luxury tycoon to fund the activist artist Barbara Kruger. © Photomontage by Glitz – Sources: Angela Weiss (AFP)

Pinault Collection
François Pinault set to acquire artwork by arch luxury critic

Glitz has learnt that the French billionaire businessman is set to purchase a monumental artwork by Barbara Kruger that will go on display at the Bourse de Commerce in Paris on 7 October. The American artist has in the past strongly criticised Supreme, a streetwear brand now owned by the Del Vecchio family, which has often worked with the luxury sector.
LogoSubscribers only France 23.07.2026
Éric Freymond used philanthropy as a cover for his nefarious activities.
Éric Freymond used philanthropy as a cover for his nefarious activities.© Photomontage by Glitz – Sources: Friends of the domaine de Chantilly

Spotlight
High-society swindler Éric Freymond's self-serving philanthropy

A year after the wealth manager's death, French and Swiss judicial authorities are still struggling to unravel the complex financial transactions he used to defraud his many clients, including Hermès heir Nicolas Puech. Some of his schemes were dressed up as cultural initiatives, taking advantage of the extensive network Freymond had built up within the historic restoration sector.
LogoSubscribers only France 21.07.2026
Hamad bin ⁠Khalifa Al Thani built up a vast luxury portfolio in the last decade of his life.
Hamad bin ⁠Khalifa Al Thani built up a vast luxury portfolio in the last decade of his life.© Photomontage by Glitz – Sources: Karim Jaafar (AFP), Qatar Amiri Diwan (AFP)

In Focus | Qatar's ruling family
Who will inherit former emir's luxury assets?

After abdicating as emir in 2013, Hamad bin ⁠Khalifa Al Thani, who died on 12 July at the age of 74, built up a vast investment portfolio in high-end real estate, hotels and luxury goods. It is not clear who will inherit the assets that made the late former ruler one of the sector's undeclared, yet key, players.
LogoSubscribers only Qatar Running Story - Luxury hotel hostilities 16.07.2026

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