The Economic Times

LVMH Scion Antoine Arnault adds luxury carmaker Delage to his investment portfolio

Antoine Arnault, the 49-year-old executive in his father's sprawling luxury empire LVMH, is the latest to join the roster of wealthy shareholders in Delage Automobiles. The French company, which is undergoing a revival, makes limited-edition cars that cost at least 2 million ($2.3 million) each and competes in the same market as Bugatti and Koenigsegg.