LAST MINUTE – Billionaire Bernard Arnault has officially announced that he will cover the entire cost of preparation, equipment and all necessary needs for Ilia Malinin after he achieved an outstanding Olympic performance despite missing a final victory

The world of sports and business has been in turmoil since this unexpected announcement. Bernard Arnault, a symbol of luxury and one of the most influential men in the world, surprised public opinion by declaring that he would personally support Ilia Malinin after his spectacular performance at the Winter Olympics. Although the athlete did not win the gold medal he longed for, his technical and artistic achievement left an indelible mark on Olympic history.

In an emotional press release, Bernard Arnault said he would cover all costs related to the young figure skating prodigy’s preparation, equipment, travel and support. “What he has achieved goes beyond mere results. He has pushed the boundaries of his sport,” he told journalists, who were visibly surprised by the scope of his commitment.
Ilia Malinin, known for his ability to portray characters of extreme complexity, delivered a performance that will be remembered. Despite tough competition and immense pressure, he managed to create a technical routine that many experts consider revolutionary. The final results may not have given him his first step onto the podium, but they confirmed the extent of his talent and boldness.
Bernard Arnault’s announcement is not limited to a simple financial gesture. It symbolizes a strong, almost celebratory recognition of the value of effort and courage. In a sporting world often obsessed with winning at all costs, this support highlights another dimension: that of excellence, even without a gold medal.
However, the most striking moment of this revelation came when the billionaire mentioned a handwritten letter he received after the competition. This letter, described as a simple and sincere “gesture of recognition,” would have deeply touched Bernard Arnault. In his own words, he could not hold back his tears as he discovered the story of the years of sacrifice, training at dawn, overcoming injuries and the silent doubts that marked Ilia Malinin’s journey.
This correspondence would have revealed a reality very different from the glamorous image often associated with major international competitions. Behind the spotlight and the applause lies a life of strict discipline, personal sacrifice and unwavering determination. “This message reminded me that the true Olympic spirit lies in perseverance,” Bernard Arnault would have confided to those around him.

Social networks immediately went up in flames. Thousands of embassies applaud this unprecedented gesture and believe it sends a strong signal to the world of sports. Many see it as a turning point, proof that relative failure can be appreciated when it is accompanied by extraordinary self-improvement. Others point out that this initiative could inspire other funders to support promising talent, regardless of final placement.
For Ilia Malinin, this announcement undoubtedly marks a new chapter. Supported by increased resources and strengthened financial stability, he will be able to fully concentrate on his technical and artistic development. Experts believe this support could allow him to be even more innovative, explore new characters and cement his place among the boldest skaters of his generation.
Beyond the sporting aspect, this story reaches a much wider audience. It tells the story of the meeting of two worlds: that of luxury and finance and that of ice and physical exertion. It shows that admiration can transcend professional boundaries and that success is not just measured by medals.
Analysts point out that figure skating is a demanding sport that requires significant investments in equipment, training and international travel. By taking on all these expenses, Bernard Arnault offers Ilia Malinin a rare freedom: the opportunity to devote herself entirely to her art without the constant pressure of financial constraints.
This gesture also comes in a context in which the debate about the financing of top athletes is more relevant than ever. Many aspiring talents have difficulty finding stable sponsors, especially after a competition in which they did not place first. The billionaire’s initiative could pave the way to a new way of promoting sporting performance.
In the hours following the announcement, several figures from the world of sports expressed their admiration. Some are already calling it a “historic moment” for figure skating and believe this public recognition will help boost the visibility and credibility of the discipline.
What will undoubtedly be remembered in the end is not only Bernard Arnault’s financial commitment, but also the sincere emotion that accompanied his announcement. A handwritten letter, a non-gold medal achievement and an unexpected gesture of support were enough to send a positive shockwave across the globe.
In a time characterized by the constant search for immediate results, this story reminds us that sometimes greatness lies in the effort itself. Despite the lack of final victory, Ilia Malinin proved that boldness and determination can turn defeat into a moral triumph. And thanks to the strong support of Bernard Arnault, his future seems more promising than ever.