Two of French fashion tycoon Arnault's sons 'to join LVMH board'

Two sons of the world's richest man are set to join the Succession-style scramble to replace him as chief of a £300 billion empire.

Fashion tycoon Bernard Arnault, the head of French multinational conglomerate LVMH , is expected to nominate Alexandre, 31, and Frédéric, 29, to the board of the company, further cementing the hold the family's next generation has over it.

The move is being keenly watched for signs pointing to who 74-year-old Bernard will ultimately choose as his successor, a race that already involves two of his older heirs from his first marriage: Delphine, 48, and Antoine, 46.

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