11. Bernard Arnault – $46.1 Billion
The multinational conglomerate, LVMH, was created when the world-renowned fashion house, Louis Vuitton, merged with the champagne and liquor brands, Moët & Chandon and Hennessy. The Chairman and CEO of LVMH is Bernard Arnault and it has earned him the prestigious title of being attached to the world’s largest luxury goods company. Obviously, Arnault is familiar with all of the luxury goods in the world in order to maintain this brand as the pinochle of sophistication. Known as a French business magnate, Arnault has also been able to increase his fortune through wise investments and a propensity towards collecting expensive pieces of art. So far, Arnault has an estimated net worth of $46.1 billion for 2017 but is projected to increase by the end of the year.
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