Chapter 551 The Most Failed Heir

In 2003, Arnault Lagardère's father, Jean-Luc Lagardère, suddenly passed away, leaving the entire Lagardère Group to him.

Then, Arnault Lagardère began his road to ruin.

Since his father became seriously ill in 2000 and Arnault took over the family business, he has been making stupid moves in business, gradually abandoning the aerospace sector and the original time and space. He then sold or shut down a large number of media assets, continuously reducing the business scale of the Lagardère Group, and successfully accumulated a large amount of debt for the group...

It even gives people the feeling that because he faced his parents' divorce battle throughout his adolescence, and because of Arnault's father's personality, the relationship between the two was not harmonious, and Arnault's selling act was like a kind of revenge.

For example, in 2005, he sold the Aga Khan Racecourse with 220 horses, which the Lagardère family had spent decades to build, for only 40 million euros...

When Jean-Luc Lagardère suddenly died in 2003, Arnault was already 42 years old, but at that time, Arnault was like a giant baby who had been protected in a greenhouse and was despised by the top management of the group.

It was with the help of Jean-Luc Lagardère's old friends, including Sarkozy, that Arnault stabilized his position in the family group under the circumstances at that time.

However, now, those friends of Arnault's father have found that Arnault himself is not a malleable talent - he likes to make unreasonable risky investments, his personality is both indifferent and full of control, and he often makes a fool of himself in public by saying nonsense.

Over time, Arnault has become an outlier among this kind of wealthy family - he publicly mocks the French elite, looks down on the graduates of prestigious schools in his own group, and in turn, the elite circle does not accept him.

His neglect of official business became more and more public, going to the other extreme opposite to his father, frequently missing business meetings, and even standing him up, including heads of state like the Emperor.

Moreover, Lagardère Group executives often couldn't find him, so they came up with a special reporting script - "If we don't receive your reply within X days, it will be deemed that you agree to the decision."

In the end, Arnault was too lazy to tolerate such "harassment" and directly let three executives take over his job.

He also knew that he might be pushed out of the group at any time, but he didn't care.

If Bruni's love affair with her boyfriend's son who was 18 years older than her was very bloody...

Arnault's private life was no less bloody than hers...

In Barron's previous life, the child born to Cassandra, the younger sister of Arnault's second wife Jade, was fathered by Arnault's eldest son Alexander...

That means that at the time, Arnault became the grandfather and uncle of that child at the same time - well, it's a bit confusing.

But thinking that he was a "romantic" Frenchman, it seemed reasonable.

Until Barron's rebirth in the previous life, Arnaud Lagardère's financial situation had been deteriorating, and his personal annual income had dropped from 12 million euros to only 2 million euros. For such an heir to the top three business families in France, this is indeed a pity...

In addition, Bernard Arnault of LVMH Group was also a good friend of Jean-Luc Lagardère, the father of Arnaud Lagardère. He also saw Arnault's "spendthrift" after suddenly inheriting the family business. From then on, Bernard Arnault began to pay attention to the training of successors.

I don't know if it was because of Barron's identity, after he met Arnaud Lagardère, the other party's attitude was not as "strange" as the rumors said. Although his treatment of people was not as pleasant as spring breeze, it at least felt acceptable.

When he was young, Arnault was a "playboy". He often sent bills to his father after having fun...

Then again, what's the scheming of such a playboy? It can be said that Barron prefers to get along with such people compared to those old foxes. At least, when he wants to sell some industries in the future, Barron can help him take over.

After all, the magazines and media of the Lagardère Group are still quite good.

In addition, the bloody incident of the Lagardère family has not happened yet. The Belgian model Jade Foret, who was born in France, will not marry Arnault until 2012.

"The Rothschild family? Those greedy Jews who pretend to be mysterious all day long? I hate them..."

When Barron and Arnault accidentally talked about French red wine, they naturally and inevitably talked about the Rothschild family.

After all, this family has a huge influence in the French red wine industry and owns many well-known wineries.

Generally speaking, there are three branches of the Rothschild family that have entered the wine industry, namely Lafite Rothschild Group (DBR), Baron Rothschild (BPRD) and Baron Edmond de Rothschild Group (Baron Edmond de Rothschild).

Chateau Lafite Rothschild and Chateau Mouton Rothschild, two of the five first-class wineries in France, are both Rothschild family properties.

But for the Rothschild family, Arnault's big mouth does not hide his disgust for this Jewish family...

Well, although in the traditional upper class of Europe, those Jews who once managed business for the nobles are not very fond of them, but it is really rare to be so brave or so reckless to say it in front of people who have not known each other for too long.

After all, until now, many people have mixed bloodlines, and it is difficult to know which bloodlines a person has.

For example, Sarkozy, a good friend of Arnault's father, has Jewish ancestry - his grandfather is a Greek Jew, his father has Hungarian ancestry, and his mother is French.

But no matter what, Barron at least has a common topic with Arno Lagardère in this regard. Of course, Barron will not be as straightforward as him.

"I will hold a cocktail party for you tonight, Your Highness, you will like it..."

As Arno spoke, he winked at Barron. This kind of look that all men understand made Barron understand what he wanted to do.

After all, judging from Arno Lagardère's past, he is a complete playboy...

But what makes Barron a little doubtful is that he is a little worried that he is too normal in this regard, and may be out of tune...

"Okay, Mr. Lagardère, I am looking forward to it."

Well, after all, when in Rome, do as the Romans do. Barron just wants to learn more about the local customs and customs of France...

That's all.

...