Yes this is true, with LVMH the businesses were combined & acquired more recently by B Arnault even though the original businesses are very old. I would hardly

Yes this is true, with LVMH the businesses were combined & acquired more recently by B Arnault even though the original businesses are very old. I would hardly say Inditex hasn't changed the world. Apple mimics their JIT inventory technique.. There used to be a time when it took a few years to get phones out to the public. I think the thing that makes these particular entrepreneurs stand out is they keep a relatively higher profile. The cultural tendency in Europe is more socialist and not to show off and keep out of the news - This is what my point was more on. The startups and founders are there, but they don't let themselves be known. Do we know who was responsible for the Raspberry Pi for example? or who built up ARM Holdings (the designers of the arm chips on everyones phones and tablets)? or who made Nokia do what it did? Who made the device that drilled the channel tunnel? Surely they changed the world, its just they don't 'get out there' as much as American entrepreneurs.