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The Richest Person In France 2012

Source:LVMH, inherited and growing, Citizenship: France

French businessman, chairman and CEO of French conglomerate LVMH, Bernard Arnault, has an estimated net worth of $41 billion as of march 2012 according to FORBES. LVMH Moët Hennessy Louis Vuitton S.A. is the largest luxury-products company in the world. The Lord of Luxe easily retains title of richest European and 4th richest person in the world. His Fortune surged by $13.5 billion as shares of his luxury good outfit, LVMH, rose by more than half since 2010 thanks to strong demand for luxuries like Dom Perignon champagne, Cognac Hennessy, Tag Heuer watches and Louis Vuitton accessories, particularly in Asian markets like Shanghai and Ho Chi Minh City. The renaissance man also owns yacht builder Royal Van Lent, a hotel in Courchevel; has stakes in French retailer Carrefour and French tour operator GoVoyages. Arnault was born on 5 March 1949 in Roubaix, France.

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The Richest Person In France 2012