3. Bernard Arnault and family – $29 billion
Bernard Arnault is the Chairman and Chief Executive Officer of the luxury line Moet Hennessy Louis Vuitton, or LVMH. The family also has shares in Christian Dior. The Frenchman, however, has attracted controversy in the past years after he applied for citizenship in Belgium. A lot of people believed it was related to the high tax regime being proposed in his native France. The move sparked a lot of debate on the government’s plan on further taxing the rich. Before the year ended, Arnault was also knighted in the United Kingdom.
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