10th place: Alain & Gérard Wertheimer (France) – Chanel
Together, the Wertheimer siblings own the controlling majority of the French luxury brand Chanel. After Karl Lagerfeld’s death in February 2019, there was speculation about whether the Wertheimer family could sell the fashion house or target an IPO. According to Forbes magazine, her fortune is about 29 billion euros.
Ninth place: Giovanni Ferrero (Italy) – Ferrero
Giovanni Ferrero is the Chairman of the Board of Directors of the Italian family company of the same name, Ferrero. The company is best known for products such as Nutella, Kinder Schokolade, and Tic Tac. Since 1997, he has been leading the group with a private fortune estimated at around €34 billion – making him the richest Italian. Recently, the group, which sells its products in 170 countries, has achieved sales of more than 12 billion euros.
8th place: Beate Hester and Karl Albrecht Jr (Germany) – Aldi Sud
Karl Albrecht Jr. and his sister Pate Hester are the heirs and co-owners of Aldi Sud. Although the siblings do not make it to the list of the ten richest families in the world, they are ranked eighth in Europe. Together they control a respectable fortune 34 billion euros. They are the third richest Germans in this ranking.
7th place: Klaus-Michael Kuhn (Germany) – Kuehne + Nagel
New in Forbes ranking of the richest Europeans 2022: Klaus Michael Kohn. The German billionaire is the largest shareholder in the logistics company Kühne + Nagel, which his grandfather co-founded. He also operates Kühne Holding AG, which is the largest shareholder in Lufthansa and a shareholder in Hamburger Sportverein. His fortune is said to be around 37 billion euros.
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Sixth place: François Pinault (France) – Kering
François Pinault is a French businessman and founder of the French luxury group Kering, which includes Saint Laurent, Alexandre McQueen and Gucci. In addition, the company has made many investments in the art market for years, is considered a successful collector and maintains several museums. According to Forbes, his fortune is about 40 billion euros.
Fifth place: Rodolphe Saadé (France) – CMA-CGM group
Thanks to their ships, the Saada family company ranks third among the largest shipping companies in the world. The logistics company CMA CGM is headquartered in Marseille and is run by the fifth richest man in Europe, Rodolphe Saadia. His wealth: estimated at 41 billion euros.
Fourth place: Dieter Schwartz (Germany) – Schwartz Group
Dieter Schwartz rose two places in this year’s ranking of the richest Europeans. Schwartz is a German businessman and owner of the Schwarz Group, which includes Kaufland and Lidl. After Kaufland had been in the shadow of Sister Lidl for years, the Schwarz Group launched an offensive with the supermarket chain in 2022. At the beginning of the year, Kaufland took over nearly 60 locations of the Real supermarket chain. Higher market shares are likely to appear on the annual balance sheet. The group increased its sales from 125.3 billion euros to 133.6 billion euros last year. Dieter Schwartz is said to have around 44 billion euros.
Third place: Amancio Ortega (Spain) – Inditex
Amancio Ortega was ranked second in Forbes’ ranking of the richest Europeans last year. In 2022, the founder of Zara retreated to one place. With the Inditex group, he leads one of the largest textile companies in the world – in addition to Zara, the group also includes Massimo Dutti, Bershka and Pull & Bear. In the first half of fiscal 2022, Industria de Diseno Textil SA increased its net profit by nearly 41 percent year-over-year to 1.79 billion euros. Forbes estimates Ortega’s net worth 59 billion euros.
Second place: Françoise Bettencourt-Myers (France) – L’Oréal
Considered the richest woman in the world, in the ranking of the richest Europeans, she reached second place: Françoise Bettencourt-Myers. The French woman is the granddaughter of L’Oréal founder Eugene Schuyler. Bettencourt Meyer and her family own more than 30 percent of the stock in the world’s largest cosmetics company. In 2022 she will have a total wealth of 74 billion euros.
1st place: Bernard Arnault (France) – LVMH
As soon as the fashionable city of Paris invites you to Fashion Week, a shaky man in a dark suit often sits in the front row: Bernard Arnault. He chairs LVMH, a leader in the global luxury industry. Since 1989, the original French has led the group that includes more than 75 brands under one roof. The most famous in the fashion sector include Louis Vuitton, Dior and Fendi. The LVMH portfolio also includes champagne brand Moët & Chandon and French cosmetics chain Sephora. Forbes magazine estimates Arnault’s fortune at about 147 billion euros, which makes him the richest European – and makes him the number one in the ranking.
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