The following year, he was appointed as executive chair of 21st Century Fox, which Disney bought in 2019. He then became CEO and chair ofHe's also the executive chair of Nova Entertainment, which owns radio stations in Australia.
Rupert Murdoch's son James and daughter Elisabeth have also been involved in the family business, but they haven't risen as high as Lachlan. It's widely believed that the Murdochs inspired the fictional Roy family in the HBO drama"Succession."Delphine Arnault is the daughter of Bernard Arnault, who recently overtook Elon Musk as the world's richest person, with a fortune valued byThe elder Arnault is the CEO and chair of the French luxury fashion and goods giant LVMH.
Delphine Arnault joined Christian Dior, an LVMH subsidiary, in 2001. In 2013, she became an executive vice president at Louis Vuitton, another subsidiary.The 47-year-old was appointed to the board and became executive vice president at Louis Vuitton in 2013 and has been on LVMH's executive committee since 2019.
All five of Bernard Arnault's children work for LVMH or one of its brands, but Delphine Arnault, like Lachlan Murdoch, has risen higher in the family business than her siblings.
Or Hollywood, of course.
I disagree with the word to be used in general terms. Leaving a family business to the next generation shouldn’t be called nepotism. The word should only be used when a family member is getting a position where the firm/business isn’t owned by the family. For example, politics.
Hunter Biden?