Bernard Arnault of Paris is the richest person in Europe, with a net worth of $41 billion. He’s the founder, CEO, and chairman of the world’s largest luxury goods conglomerate LVMH, which owns upscale lines as Tag Heuer watches and Louis Vuitton accessories. He rose from the No. 7 spot last year to No. 4 this year as his fortune increased by $13.5 billion.
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Charles Platiau / Reuters / File
Bernard Arnault, chairman and chief executive officer of LVMH Moet Hennessy-Louis Vuitton, attends the company's annual shareholders meeting in this file photo taken in Paris May 15, 2008. Fourth placed Arnault is valued at $41 billion on the Forbes list.