According to sources cited by Bloomberg, Bernard Arnault, Chairman of the world’s largest luxury goods group LVMH, has become a personal shareholder in Richemont, holding a minority stake. The scale of this stake increase is reported to be small and does not meet disclosure requirements, constituting a personal investment by Arnault outside of LVMH’s corporate activities. Currently, both LVMH and Richemont have declined to comment. Analysts suggest that this investment may reignite speculation about potential acquisitions among major luxury goods groups. Richemont, controlled by 74-year-old South African billionaire Johann Rupert, holds 51% of the voting rights and has emphasized in recent years its desire to maintain the group’s independence.