A Paris court has found the former head of France's domestic security services, Bernard Squarcini, guilty of influence-peddling and using public resources to benefit LVMH .

The third of the French billionaire's children seems to have taken the lead over his siblings after being appointed deputy director of Moët Henessy. Like his father, he is a close friend of the president and his son-in-law Jared Kushner.

The story of LVMH, the world’s largest luxury conglomerate, is inseparable from the rise of Bernard Arnault, the man who transformed it from a struggling French enterprise into a global powerhouse. His transformation of the luxury industry mirrors,