Rumors about Lisa of BLACKPINK allegedly breaking up with CEO Frédéric Arnault have been circulating widely across social media for several months. Although neither party has publicly confirmed or denied the claims, many fans are convinced that the youngest member of BLACKPINK has indeed ended her relationship with the billionaire. On the morning of May 20, the outlet Koreaboo stirred the public once again by reporting that Frédéric Arnault had seemingly moved on and was dating a new, attractive girlfriend after reportedly parting ways with Lisa. According to sources, images surfaced showing Frédéric appearing affectionate and close with a new woman in a clothing store, quickly spreading across online forums at lightning speed. This led some fans to speculate that the businessman’s eagerness to be seen with someone new was a deliberate move to cut ties with Lisa completely, leaving her no chance to reconcile.

The images showing Frédéric with his supposed new girlfriend sparked lively discussion on social media. Some netizens congratulated Frédéric, while others expressed disappointment over the abrupt end of his relationship with BLACKPINK’s youngest member. However, a number of social media users remained skeptical about the authenticity of the information regarding Frédéric dating a new woman. Investigators and keen observers soon uncovered a surprising truth behind the widely circulated photograph: the image in question was not recent at all, but had actually been taken in early 2023, before Frédéric began dating Lisa. The woman appearing next to him was none other than German model and fashion blogger Caroline Daur, a past rumored girlfriend of the billionaire. Tracing the timeline, it becomes clear that rumors of a relationship between Frédéric and Caroline Daur had emerged at the beginning of 2023, prior to his involvement with Lisa. Therefore, the claim that Frédéric had recently been photographed with a new girlfriend following a breakup with Lisa is entirely false.

Despite this clarification, the public continues to believe that Lisa and the scion of a wealthy family have gone their separate ways and are no longer romantically involved. The first rumors of a split between Lisa and the billionaire heir surfaced earlier this year. At the end of February, during a party in Bali, Lisa was seen closely interacting with DJ Disco Lines, engaging in affectionate gestures that fueled speculation about her breakup with Frédéric. Koreaboo and the public immediately speculated that Lisa may have been free to be intimate with another person because she had ended her relationship with Frédéric. Adding to the rumors, Lisa did not receive any chocolates from her boyfriend on Valentine’s Day this year, a gesture that had been routine in previous years, which accelerated the spread of the breakup narrative.

In March, Frédéric was reportedly observed casting flirtatious glances toward a woman unfamiliar to the public during an event hosted by a luxury fashion brand. This detail further strengthened the belief among fans that the CEO, born in 1995, had already moved on and severed ties with Lisa. More recently, Frédéric suddenly stopped liking Lisa’s posts on social media, despite having regularly engaged with her content before. This change in behavior has reinforced the perception that the couple has definitively parted ways, leaving no remaining connection between them.

The relationship between Lisa and the son of one of the world’s wealthiest families has consistently been a hot topic in the media. While some reports and images have been misinterpreted or misrepresented, there is a strong consensus among fans that Lisa and Frédéric Arnault are no longer together. Each of these incidents—from Lisa’s public interactions with others at social events, to Frédéric’s attention toward other women, and his withdrawal from engaging with Lisa online—has contributed to the prevailing belief that the pair have officially ended their romantic involvement. Ultimately, while the timeline and specific details of their breakup remain private, the narrative that both individuals are moving on separately continues to dominate public perception, marking the conclusion of one of K-pop’s most closely watched celebrity relationships.

The case exemplifies how celebrity relationships can be distorted by misinterpreted images and unverified reports, highlighting the rapid spread of misinformation in the age of social media. Yet, even after the revelation that the photo of Frédéric with Caroline Daur was outdated, the public’s conviction regarding Lisa and Frédéric’s breakup remains unshaken, reflecting the enduring interest in the personal lives of high-profile figures.

This account provides a clear illustration of how rumors, timelines, and social media behavior collectively shape public perceptions of celebrity relationships, especially when one partner is part of a globally renowned group like BLACKPINK and the other is a high-profile figure in the business world.