Paris-based LVMH Moët Hennessy Louis Vuitton SE, better known as LVMH, is the luxury lifestyle industry’s largest holding company, with a US$80 billion market cap. Among its many subsidiary companies, spread across a range of industries, are Bulgari, TAG Heuer, Fendi, Le Bon Marché and Veuve Clicquot. Apart from its highly successful business dealings, LVMH is also a major patron of the arts in France, having sponsored over 10 leading exhibitions at le Grand Palais. It has also underwritten scholarships and major fashion competitions for talented young designers, fostering growth in the industries for generations to come.