Bernard Arnault has appointed his daughter, Delphine Arnault, to run Dior. The appointment comes a month after Antoine Arnault, the eldest son, was given a wider role in the business, replacing Sidney Toledano as chief executive officer and vice chairman of Christian Dior SE, the holding company through which the family controls LVMH Moet Hennessy Louis Vuitton SE. Frederic runs Swiss watchmaker Tag Heuer, while Jean is working to develop the watch category at Louis Vuitton. Beccari, Burke Arnault on Wednesday also promoted Dior CEO Pietro Beccari to run Louis Vuitton, LVMH's biggest brand, which is currently run by Michael Burke, a loyal lieutenant. Arnault is worth an estimated $177.7 billion, according to the Bloomberg Billionaires Index. By October, the boutique had drawn more than half a million visitors. Source -NDTV