Like many a monarch before him, Arnault is also leaving his mark on Paris: Work has already begun on the Louis Vuitton Foundation for Creation, a Frank Gehry-designed art center in the Bois de Boulogne. And he can celebrate with a glass of Château Cheval Blanc or Château d'Yquem (he owns both vineyards).
Photographed outside the Hotel Plaza Athénée in New York City
NEXT: The Gatekeepers
Last updated August 21 2008: 6:08 PM ET