Billionaire succession wave: €6T transfer to reshape control of major empires

A wave of billionaire succession is set to transfer nearly €6 trillion in assets over the next decade, with control of major holdings like the Arnault family's LVMH at stake. The transfer of control, not just wealth, could trigger shifts in corporate governance and market dynamics. Uncertainty surrounds the timing and outcomes of these successions, which may affect investor sentiment and sector valuations.