The 10 largest French fortunes (in pictures) - Companies

The 10 largest French fortunes (in pictures) – Companies

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The accumulated professional assets of the 500 largest fortunes in France have increased by 5% in one year to exceed the symbolic bar of 1,000 billion euros, according to the latest ranking of the French magazine Challenges. Here is the list of the top ten.


The 10 greatest French fortunes (in pictures)

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The 10 greatest French fortunes (in pictures) ©Getty

1. Bernard Arnault, 149 billion euros

The boss of the world’s number one luxury LVMH remains at the top of the ranking, which he has dominated since 2017, with a fortune estimated at 149 billion euros, against 157 billion in 2021, estimates Challenges. LVMH shares have lost 12% in 12 months on the Paris Stock Exchange, but Bernard Arnault is the second richest man in the world behind Tesla boss Elon Muskaccording to Forbes.



The 10 greatest French fortunes (in pictures) ©Getty

2. The family of Alain and Gérard Wertheimer, heirs to Chanel, 80 billion euros

The Wertheimer family is in second place in the ranking. She benefits from the excellent financial health of the luxury house Chanel, which she owns 100%. Challenges says its business grew 49.6% last year to $15.6 billion for net income of more than $4 billion. Challenges also underlines the rise in power of the heirs: Nathaniel, son of Alain and his cousin Arthur.



The 10 greatest French fortunes (in pictures) ©Getty

3. The Hermès family, 78.7 billion euros

The Hermès family closes this top 3. It retains via two holdings 66.6% of the luxury giant which achieved in 2021 the best year since its creation: a turnover of 9 billion euros, up 41% and a profit of 2.4 billion euros, also up 77%.



The 10 greatest French fortunes (in pictures) ©Getty

4. Françoise Bettencourt Meyers and her family: 62.4 billion euros

The Bettencourt family is still in the running in the top 10 of the greatest fortunes. She now owns 34.7% of the world’s number one cosmetics l’Oréalafter increasing its stake in its capital.



The 10 greatest French fortunes (in pictures) © CMACGM

5. Rodolphe Saadé and his family: 36 billion euros

With his family, Rodolphe Saadé owns 73% of the shipowner CMA CGM, one of the top three in the world. Losing momentum since 2019, the group has finally recovered, multiplying its net profit by ten last year.



The 10 greatest French fortunes (in pictures) ©Getty

6. The Dassault family: 31.4 billion euros

The fortune of Laurent, Marie-Hélène, Thierry Dassault and their family is essentially based on engineering activities, in particular through the control of the GIMD holding company. Its main holdings are Dassault Aviation (62%) and its subsidiary Dassault Systèmes (40%), as well as Immobilière Dassault (59.8%), writes Challenges magazine.

The family is also present in the political sphere : Victor Habert-Dassault, grandson of the late Serge Dassault was elected in the first round of legislative elections in the 1st constituency of Oise.



The 10 greatest French fortunes (in pictures) ©Getty

7. François Pinault and his family: 30.9 billion euros

The Breton billionaire controls with his family 41% of the Kering group, who owns the brands Gucci, Bottega Veneta and Yves Saint Laurent.



The 10 greatest French fortunes (in pictures) © Flickr

8. Gérard Mulliez and his family: 22 billion euros

Nearly 1,000 descendants within the Mulliez family hold almost all of the family association. Last year, the shareholders granted themselves 750 million in dividends, according to the unions, twice as much as those of Carrefour. However, the family meets difficulties with the women’s ready-to-wear brand Pimkie, which it seeks to resell. The unions fear an early and massive closure of stores in France.



The 10 greatest French fortunes (in pictures) ©Getty

9. Emmanuel Besnier and his family: 14 billion euros

Alongside his brother and sister, Emmanuel Besnier holds 100% of the world dairy number Lactalis.



The 10 greatest French fortunes (in pictures) ©Getty

10. Pierre Castel and his family: 13.5 billion euros

Born in 1926, Pierre Castel still holds the helm of 80% of the Castel Frères group born in 1949 and became the third largest wine merchant in the world, but also a beer giant in Africa. It achieves nearly 80% of a turnover estimated at nearly 6 billion euros for 600 to 800 million net profit depending on the year.

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