Richest Man in France 2023 Top 10 List, Net Worth, Business Model

Richest Man in France

Richest Man in France 2023 Top 10 List, Net Worth, Business Model: In this article, we have provided the list of the top 10 richest men in France. We have also included their short biography, business model and net worth details in this article.

Richest Man in France 2023

France is the hub of lip-smacking food and its fashion industry. The fashion industry of France and other industries have created some billionaires. These billionaires are also placed in the list of the top 50 richest personalities in the world. It is estimated that these top 10 billionaires hold a significant amount of the net wealth of France. In this article, we have compiled a list of the top 10 richest men in France.

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here, in this article, we have gathered a list of the top 10 richest people in France. Some of these personalities have managed to increase their wealth through hard work. They have launched their own brands, which they have made famous worldwide due to their strenuous hard work. Let’s have a look at these billionaires.

Top 10 Richest Man in France 2023

Richest Man in France

Barnard Arnault & family

The greatest luxury goods corporation in the world, LVMH, is led by a French person named Bernard Arnault. Hennessy, Marc Jacobs, Sephora, and Louis Vuitton are just a few of the LVMH brands. Most of Arnault’s wealth is derived from his ownership of Christian Dior SE, the holding company that owns 41.2% of LVMH. Groupe Familial Arnault, his family’s holding firm, holds his interests in Christian Dior SE and an extra 6.2% in LVMH.

Engineer by training, Arnault began displaying his economic savvy while working for his father’s construction company, Ferret-Savinel, before taking over the business in 1971. In 1979, he changed Ferret-Savinel into a real estate business called Férinel Inc.

Until he bought and reorganised luxury goods manufacturer Financière Agache in 1984 and subsequently sold all of its businesses aside from Christian Dior and Le Bon Marché, Arnault served as Férinel’s chair for a further six years. He was given the opportunity to invest in LVMH in 1987, and two years later, he was named the company’s main shareholder, board chair, and CEO.

Francoise Bettencourt Mayers & family

The second richest personality in France is the businesswoman and philanthropist Françoise Bettencourt. Following the passing of her mother, Liliane, in 2017, Françoise Bettencourt Meyers, the last remaining heir to L’Oréal founder Eugène Schueller’s cosmetics empire, became the only successor.

Post the death of her mother, Bettencourt’s fortune got tripped. She was afterwards recognised as the wealthiest lady in the world. Despite no longer holding an executive position, Bettencourt Meyers still holds 33% of the company’s shares, which gives her ownership rights.

She chairs the holding company for L’Oréal and has served on the board since 1997. Bettencourt Meyers, like Pinault, is in touch with her altruistic side and has donated $227 million to Notre Dame’s anticipated reconstruction.

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Francois Pinault & family

Francois Pinault is the third richest man in France. he deals in Luxury goods under the brand name Kering.  Pinault initially became wealthy after founding a company that sold lumber, but he also dabbled in fashion, luxury goods, and the arts. Few would have foreseen François Pinault’s transformation of Kering into a multibillion-dollar luxury retail empire after borrowing money to launch a tiny timber trading business in 1963. However, thanks to the founder’s astute management, the business currently owns a number of well-known labels, including Gucci, Yves Saint Laurent, and Alexander McQueen. Pinault also promised to donate €100 million ($113.5 million) in April 2019 to help reconstruct Notre-Dame de Paris.

Alain Wertheimer

The owners of the French luxury label Chanel are brothers Alain and Gerard Wertheimer. They have been valued at a total of $70 billion. The company’s namesake, Gabrielle (Coco) Chanel, together with their grandfather Pierre Wertheimer, created the high fashion label back in 1909. After buying out his early partner, Pierre eventually acquired Chanel altogether. In addition to clothing, the privately held business offers various fashion accessories like jewellery, watches, perfume, and make-up.

The company’s present chairman is Alain, who lives in the US, while Gerard, located in Switzerland, is in charge of the watches business. In addition to Chanel, they also own Chateau Canon in Saint-Emilion and Rauzan-Ségla in Margaux.

Gerard Wertheimer

Gérard leads the company’s watch sector and continues co-managing what has become a global symbol with his brother Alain. He spends much time breeding thoroughbred horses at the family stable since he enjoys riding. In addition, he and his brother have invested in a number of prestigious vineyards. Along with owning thoroughbred horses, Gerard and Alain also own stallions that have triumphed in events like the French Derby and the Breeders’ Cup Turf in the US.

Emmanuel Besnier

The next on our list of the top 10 Richest man in France is Emmanuel Besnier. Emmanuel Besnieris was the successor of his father’s business and wealth. He has served as Lactalis’ CEO and majority shareholder since 2000. Jean-Michel and Marie, Emmanuel’s younger siblings, are also co-owners of the business, which also includes the trademarks Parmalat, Président, and Stonyfield Farm. The CEO, who attended the esteemed ISG Business School in Paris, is well known for being bashful before the media, garnering him the moniker “the invisible billionaire” in French publications.

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Rodolphe Saade & family

Next on our list is the French businessman Rodolphe Saade with a net worth of $9.1 billion. The chairman of the CMA CGM shipping company is Rodolphe Saadé, the businessman’s son. Following the passing of his father, he assumed leadership in 2017 and now co-runs the company with his siblings and mother. The business, which ships to around 420 ports in more than 160 nations, is the third-largest shipping corporation in the world.  The Marseille-based corporation owns assets worth over $32 billion.

Nicolas Puech

The eighth position on our list of the top 10 richest man in France is Nicolas Puech. Swiss businessman Nicolas Puech has a $9.7 billion net worth. The Hermes family, one of the top producers of lifestyle goods in Europe, is descended through the sixth generation to Nicolas Puech. Originally a saddle maker, Nicolas Puech currently earns about $5 billion (3.75 billion euros) annually, selling upscale goods such as accessories, apparel, perfumes, and various types of leather goods. Puech was originally added to the Hermès supervisory board in 2012, and as of now, he owns less than 6% of the business.

Vincent Bollore & family

Vincent Bollore & family is placed at the ninth position on our list of the top 10 Richest Man in France. He is a French businessman and corporate raider who owns a net worth of $9.5 million along with his family. His family-controlled paper, energy, plantations, and logistics giant Bollore, where he serves as chairman and CEO, is where he made his substantial fortune. Incent Bollore took over the leadership of Bollore as both chairman and CEO, transforming it into one of the 500 largest corporations in the world. It is now active in various industries, including plastics, media, construction, logistics, and palm oil plantations across Asia and Africa. In addition to those mentioned above, the group is in charge of Autolib, a Paris-based electric car-sharing business. Bollore has started offering its electric vehicle, the Bluecar, for sale to the general public after being inspired by Autolib’s success.

Carrie Perrodo & family

The tenth billionaire on our list of the top 10 richest Man in France is Carrie Perrodo. Carrie Perodo is the widow of famous oil merchant Hubert Perrodo. Perrodo had established the oil company Perenco, which continues to be the family business to date. The company earns annual revenue of around $6 billion. Carrie Perrodo owns a fortune worth $8.8 billion along with her family. Perrodo’s elder son Francois serves as the chairman of Parenco.

Net worth Details

The country-wise and net-worth details of the reachest men in France are provided below

S. Name Age (yrs) Date of Birth Business Net worth in 2023
1 Barnard Arnault & family 74 March 5, 1949 LVMH $206.5 billion
2 Francoise Bettencourt Mayers & family 69 July 10, 1953 L’Oréal $80.5 billion
3 Francois Pinault & family 86 August 21, 1936 Luxury Goods $38.4 billion
4 Alain Wertheimer 74 September 28, 1948 Chanel $31.6 billion
5 Gerard Wertheimer 71 April 17, 1951 Chanel $31.6 billion
6 Emmanuel Besnier 52 September 18, 1970  Lactalis $22.1 billion
7 Rodolphe Saade & family 53 March 3, 1970  Shipping company $9.8 billion
8 Nicolas Puech 80 1943 Hermès $9.7 billion
9 Vincent Bollore & family 71 April 1, 1952 Bollore $9.5 billion
10 Carrie Perrodo & family 71/72 1950/1951 Perenco $8.8 billion

The journey of all these billionaires is worth inspiring. Some have built their empire on their own, while some have inherited a huge fortune, which they increased from their hard work.

We believe that this list of Richest Men in France might have gained your interest. If you found our content interesting, then you can visit ATRIA University for more.

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