France: Glam Rich List

BATD ON Jul 09, 2010 AT 10:52 am

Naomi Campbell for Louis Vuitton

Naomi Campbell for Louis Vuitton

Of course the rich list in France is far more glamorous than ours, full of all our lusted labels. Bernard Arnault, president and chief executive officer of luxury giant LVMH Moët Hennessy Louis Vuitton, is the richest man in France, according to Challenges magazine’s annual ranking of France’s 500 wealthiest professionals released Thursday.

Arnault’s fortune, estimated at 22.7 billion euros, or $28.6 billion at current exchange rates, edged out last year’s winner, Auchan supermarket owner Gérard Mulliez. cand her family come in third at 17 billion euros, or $21.42 billion. L’Oréal’s Liliane Bettencourt and her family come in third at 17 billion euros, or $21.42 billion.

Three luxury fortunes also figured in the top 10: the Hermès and Bertrand Puech families, which control Hermès International, tied for fourth place at 8.5 billion euros, or $10.71 billion. Chanel’s Alain Wertheimer and family came in eighth place at 4.5 billion euros, or $5.67 billion.

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