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Top 3 Richest People In Europe

No.1 Bernard Arnault

$27.5 billion

Luxury goods, France.

No 1 Richest European as shares of his luxury goods outfit LVMH-maker of Louis Vuitton, Moet & Chandon-surge 57%. LVMH is developing upscale Shanghai commercial property.

No.2 Amancio Ortega

$25 billion

Fashion retail, Spain.

Head of fashion firm Inditex, which operates under several brand names including Zara, Massimo Dutti and Stradivarius, has 4,500 stores in 73 countries including new spots in Mexico and Syria. Set up joint venture with Tata Group subsidiary to enter India in 2010.

No.3 Karl Albrecht

$23.5 billion

Supermarkets, Germany.

Owns discount supermarket giant Aldi Sud, one of Germany's (and Europe's) dominant grocers. Has 1,000 stores in U.S. across 29 states. Estimated sales: $37 billion. Plans to open New York City store this year. With younger brother, Theo, transformed mother's corner grocery store into Aldi after World War II. Brothers split ownership in 1961; Karl took the stores in southern Germany, plus the rights to the brand in the U.K., Australia and the U.S. Theo got northern Germany and the rest of Europe.

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14y ago

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