Gaudino
Strategic Concepts & Mechanics
Primary Evidence
""The elements gathered and observed on a group of 200 companies reveal, through the repetitive nature of certain operations, the existence of a highly developed system aimed at promoting the growth of the leader's financial and personal wealth [...] to the detriment of minority shareholders." The Gaudino firm continues: "The apprehended principle consists in disadvantaging companies listed on the stock exchange, both by making them bear heavy losses and by depriving them of significant capital gains, to the benefit of other companies in which the leader's interest percentages are the strongest. In this strategy, the total losses recorded would be between 8 and 10 billion francs." A serious accusation. However, it should be noted here that no minority shareholder of Bernard Arnault has ever had him convicted. There has not even been a single complaint from a minority shareholder between 1989 and today11. Not even from Racamier!"
"Could it be by the operation of the Holy Spirit that Bernard Arnault's fortune was multiplied by 200 in ten years? If not, how did he get rich? Pierre Godé's explanation is brief: Bernard Arnault, he says, "made personal operations above LVMH" and "bought shares directly". But where did the money come from? Are the sophisticated structures of the Arnault galaxy in the nineties as clear as Godé claims? Or are they as dark as Gaudino writes?"