He was primarily known for co-founding the luxury conglomerate LVMH and turning Louis Vuitton into an internationally recognized brand with billions of dollars in sales.
After acquiring a business degree at HEC Paris,[2] he started his career in the steel industry as he began to work for the Peugeot automotive factories in 1936.
[3][4] After being forced out of LVMH, Racamier, used a family holding company Orcofi, to join the French banking group Paribas and L'Oréal in order to take part in a M&A deal and acquire the fashion house Lanvin.
It was thought by branch insiders that he would form another competitor to LVMH, instead he turned to sailing and music.
Racamier was also a noted sponsor of international sailing competitions and in 2019 was posthumously inducted into the America's Cup Hall of Fame.