Les Échos

Strategic Concepts & Mechanics

Strategic PatternEuropean Champion Against Anglo-Saxon Model

Signature MoveHelicopter Into the Office, Terror on Tuesday

Signature MoveDynasty Over Dividends

Signature MoveTen Baskets Never One Catastrophe

Cornerstone MoveControl Without Paying the Price

Cornerstone MoveFriendly Call Then Capital Siege

Risk DoctrineReasonable Adventures Doctrine

Operating PrinciplePoliteness as Refusal to Say No

Capital StrategyBreton Pulleys Capital Architecture

Relationship LeverageBernheim as Deal Godfather

Signature MoveHis Own Truth Subject to Change

Signature MoveRecurring Cash Funds the Crazy Bets

Strategic PatternContent Platform Not Channel Bouquet

Competitive AdvantageFamily Tree as Attack Map

Cornerstone MoveSell at the Cycle Peak, Strike in the Trough

Identity & CultureSolipsist Commander on the Bridge

Signature MoveInformation War Before Every Battle

Operating PrincipleOpacity Through Entity Renaming

Strategic PatternSell the Buyer His Own Money

Strategic PatternBrand Prestige as Holding Company Currency

Signature MoveSell at the Ceiling, Buy at the Crash

Cornerstone MoveStack the Cascade, Keep 51% at Every Floor

Cornerstone MoveBuy the Wreckage, Extract the Jewels

Cornerstone MoveTurn Every Ally Into a Stepping Stone

Signature MovePersonal Enrichment Through Internal Transfers

Risk DoctrineCrash as Invitation, Not Crisis

Signature MoveVictory Without Mercy, Then Make Them Pay

Capital StrategyGovernment Subsidies as Launch Fuel

Relationship LeverageGratitude Is a Disease of Dogs

Competitive AdvantageProducer-to-Consumer Margin Capture

Capital StrategyStock Options as Majority Shareholder Self-Enrichment

Identity & CultureGrandmother's Cult of Superiority

Signature MoveSilence the Dissent, Control the Narrative

Decision FrameworkCreditor Coercion by Liquidation Threat

Primary Evidence

"It must be said that the holder of the second greatest fortune in the world has enough to impress, even Bolloré, twenty times less endowed, according to Challenges' ranking. The latter acknowledges it with humor, when he says to those around him: "He is truly stronger than me. If I had invested the money I earned in LVMH stocks, I would be much richer...". However, the two billionaires started their journey almost at the same time, in the early 1980s, following very parallel paths, without almost ever crossing paths: they are only known to have one common investment, before Lagardère: the music channel Mezzo, acquired on a 50/ 50 basis by Les Échos (owned by LVMH) and Canal +, in July 2019. But for the rest, what similarities!"

Source:Bollore, l'Homme Qui Inquiete

"How is it that LVMH did not appear during the threshold declarations at the time of the wave of Bouygues share purchases in 1999? Already, its presence was masked by a sleight of hand. In December 1999, LVMH loaned to Financière Agache, another head company owned 100% by Groupe Arnault, the 3.11% of Bouygues acquired that year. "When LVMH, a listed company and star of the CAC 40, crossed the 5% threshold in Bouygues, there was no declaration because its shares were assimilated to those of Groupe Arnault, which indirectly controls LVMH and had already crossed this threshold," write Les Échos. As a result, LVMH did not appear in the notice of the Financial Markets Council mentioning, at the end of 1999, the crossing of the 10% threshold of Bouygues' capital by Groupe Arnault."

Source:l'Ange Exterminateur

Appears In Volumes

Bollore, l'Homme Qui Inquiete l'Ange Exterminateur