Stats Gate

The Top 10 Richest French Billionaires Earned Around $60 Billion In 2020 Alone

Bernard Arnault

Despite the global COVID-19 pandemic, the top 10 richest people in France got a whole lot wealthier in 2020. Per CEOWORLD magazine’s report, the 10 richest people in France have added $59.62 billion to their collective net worths in the last 12 months.

The majority of these gains were at the top of the list, where 10 people now hold fortunes of over $364 billion. The top 2 richest French billionaires now hold fortunes in excess of $190 billion (Bernard Arnault and Francoise Bettencourt Meyers). Together, the duo are believed to have earned $26 billion in 12 months.

The world’s 500 richest people got wealthier, too.

$1.8 trillion – Was made by the world’s 500 richest people in 2020

Francoise Bettencourt Meyers had a particularly staggering year, reportedly growing his wealth by over $16.8 billion in one year. Bernard Arnault remains the richest person in France and in Europe. Bernard Arnault started the year worth less than $104.85 billion only to see his fortune balloon to a staggering $114 billion — a gain of $9.15 billion. The surge allowed Bernard Arnault to quickly catapult up the wealth rankings to No. 4 in the world.

The Top 10 Richest French Billionaires

  1. Bernard Arnault
    Net worth: $114 billion
    Net worth year-over-year change: Up by $9.15 billion
    Source of wealth: LVMH Moet Hennessy Louis Vuitton
    Industry: Consumer
  2. Francoise Bettencourt Meyers
    Net worth: $75.8 billion
    Net worth year-over-year change: Up by $16.8 billion
    Source of wealth: L’Oreal, the world’s largest cosmetics maker
    Industry: Consumer
  3. Francois Pinault
    Net worth: $47.8 billion
    Net worth year-over-year change: Up by $6 billion
    Source of wealth: Kering, a designer and maker of luxury goods
    Industry: Consumer
  4. Alain Wertheimer
    Net worth: $39.4 billion
    Net worth year-over-year change: Up by $9.30 billion
    Source of wealth: Chanel, the Parisian fragrance and fashion house
    Industry: Consumer
  5. Gerard Wertheimer
    Net worth: $39.4 billion
    Net worth year-over-year change: Up by $9.30 billion
    Source of wealth: Chanel, the Parisian fragrance and fashion house
    Industry: Consumer
  6. Patrick Drahi
    Net worth: $14.2 billion
    Net worth year-over-year change: Up by $2.39 billion
    Source of wealth: Altice Europe
    Industry: Media & Telecom
  7. Emmanuel Besnier
    Net worth: $10.2 billion
    Net worth year-over-year change: Up by $1.99 billion
    Source of wealth: Lactalis, the world’s largest maker of cheese
    Industry: Food & Beverage
  8. Alain Merieux
    Net worth: $8.13 billion
    Net worth year-over-year change: Up by $2.71 billion
    Source of wealth: BioMerieux
    Industry: Health Care
  9. Laurent Dassault
    Net worth: $7.64 billion
    Net worth year-over-year change: Up by $995 million
    Source of wealth: Groupe Dassault
    Industry: Diversified
  10. Olivier Dassault
    Net worth: $7.64 billion
    Net worth year-over-year change: Up by $995 million
    Source of wealth: Groupe Dassault
    Industry: Diversified

Track Latest News Live on CEOWORLD magazine and get news updates from the United States and around the world. The views expressed are those of the author and are not necessarily those of the CEOWORLD magazine. Follow CEOWORLD magazine on Twitter and Facebook. For media queries, please contact: info@ceoworld.biz

Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is chief executive and editorial director of The CEOWORLD magazine, overseeing the organization’s news and features departments.

Under Dr. Amarendra's leadership, The CEOWORLD magazine has become the world's most iconic news organization, whose rigorous reporting and unsurpassed storytelling connect with millions of business leaders every day.

Dr. Amarendra holds a Ph.D. in Finance and Banking from the European Global School in France; a Doctoral Degree in Chartered Accountancy from the European International University Paris; and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine.

He earned his Master of Business Administration degree in Finance and his Master's Degree In Chartered Accountancy (CA) from European Global School Paris. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States. Prof. Dr. Amarendra Bhushan Dhiraj is a macro-economist and visiting professor at Kyiv National University of Technologies and Design (KNUTD), Ukraine.

You can follow Prof. Dr. Amarendra Bhushan Dhiraj on Twitter, Facebook, and LinkedIn.