Richest People In Europe

The Top 10 Richest People in Europe 

Fashion, chocolate and cosmetics tycoons, supermarket moguls, telecom titans and publishing kingpins– these are the people who move within Europe’s most elite and highly homogenous society.  While being the subject of media frenzy, most of them are in fact media shy. Here are Europe’s most affluent and magnetic personalities who rarely lead very public lives.  

Amancio Ortega Net Worth $57 Billion

The notoriously publicity-shy retail king Amancio Ortega of Spain is the richest man in Europe with a net worth of $57 Billion.  Ranked by Forbes as the third wealthiest man in the world, Ortega is the chairman of Inditex, the creator of Zara fashion brand. He owns properties in his native Spain as well as in the U.S. and Britain.  

amancio ortega

Liliane Bettencourt & Family Net Worth $30 Billion 

The family of Liliane Bettencourt, 90, is Europe’s second richest.  The French family owns cosmetics giant L’Oreal which was founded by her father. Forbes ranks Battencourt, who now suffers from dementia, as the world’s richest woman. 

liliane bettencourt

Bernard Arnault and Family Net Worth $29 Billion 

The Arnaults of France are the third richest in Europe and the 10th richest in the world.  They control the luxury group LVMH which owns top brands Louis Vitton, Berluti, Dom Perignon, Christian Dior and De Beers. 

bernard arnault

Stefan Persson Net Worth $28 Billion 

Swedish fashion mogul Stefan Persson owns the high street fashion company Hennes & Mauritz which was founded by his father in the 1940s.  The company employs 76,000 people in more than 2,200 stores scattered all over the world.   He owns numerous properties in England and Paris. 

stefan persson

Karl Albrecht Net Worth $26 Billion 

Karl Albrecht of Germany owns giant grocery chain Aldi Sud which has 4,600 stores in 9 countries.  The 93-year-old media-shy billionaire built the company (a short version of “Albrecht Discount”) with his brother Theo in the 1940s. 

karl albrecht

Michele Ferrero & Family Net worth $20.4 billion

Italian confectionary magnate Michele Ferrero is the owner of one of Europe’s largest chocolate maker, Ferrero SpA, creator of such beloved brands as Nutella, Tic Tacs, and Ferrero hazelnut chocolates.  The very private chocolate magnate is credited with being the first Italian businessman to open a confectionary company outside the country after World War II.  The company has over 70 affiliated companies and employs 22,000 people.  

michele ferrero

Dieter Schwarz Net Worth $19.5 Billion 

Notoriously reclusive supermarket tycoon Dieter Schwarz owns Germany’s second biggest discount chain Lidl. The store has over 10,000 branches all over Europe.  He also owns retail store chain Handelshof and hypermarket Kaufland. 

dieter schwarz

Theo Albrecht Jr. and Family Net Worth $18.9 Billion 

The family of the late Theo Albrecht, brother of Karl Albrecht, owns discount store chains Aldi Nord and Trader Joe’s (U.S.) .  Together, the two companies have 5,000 stores in the US and in Europe. 

theo albrecht jr.

Alisher Usmanov Net Worth $17.6 Billion 

Russia’s richest man Alisher Usmanov built his fortune from his mining and lumber businesses. He owns majority of the stakes at Russian conglomerate Metalloinvest. He also owns daily newspaper Kommersant and Sekret Firmy magazine, and co-owns Internet company Mail.ru and mobile telephone company MegaFon, the second largest in Russia.

alisher usmanov

Mikhail Fridman Net Worth $16.5 Billion 

Self-made Russian billionaire Mikhail Fridman amassed wealth through his oil, telecom and banking business ventures. He owns Alfa Group Consortium, Russia’s biggest financial and industrial company. He owns majority of the stakes in the telecom company VimpelCom, the world’s sixth largest telecom company. 

mikhail fridman

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References:

Forbes (The ultimate site for billionaire rankings)

CelebrityNetWorth (The ultimate site for net worth of celebrities)

TheRichest (Great site for things about money and rich people)

Wikipedia (Greatest site on earth for lots of information)