According to WWD, the LVMH chairman and CEO will soon become a Knight Commander of the Most Excellent Order of the British Empire for his “services to business and the wider community in the U.K.,” the Commonwealth office explained. Arnault can pick up his medal from the British Embassy in Paris. And along with it comes a new title, so the next time Libération — whom Arnault is suing for about $20,000, by the way — calls him a riche con, it’s technically riche con, KBE (not Sir because he hasn’t defected to Britain … yet). Let’s keep that in mind.
Photo: YOAN VALAT/EPA/Corbis