Top 10 Richest Men In France 2020 French Billionaires

An update on the French billionaires’ list, the current richest men in France – France has an excellent cultural heritage of finery and luxury. The French are known throughout the world for excellence in producing its vast collections of work of Arts and it’s culture as well as its wealth. 

France has a well-diversified economy; agriculture, food production, wine, clothing, culture, tourism, hospitality, armaments, shipping, logistics, transportation, and so on, are just some of the ways that money is generated in the country, thereby boosting the economy.  

So who are the top business magnates controlling the biggest fortunes in France? Join us now as we discover the top 10 richest people in France.

Top 10 Richest Men In France 2020 | French Billionaires List

1. Bernard Arnault

  • Net Worth: $110 Billion
  • Date Of Birth: March 5, 1949
  • Company: LVMH

Bernard Arnault is the chairman and Chief Executive Officer (CEO) of LVMH, the world’s largest luxury-goods company. After graduating from Lycée Maxence Van Der Meersch in Roubaix, Arnault was admitted to École Polytechnique in Palaiseau, from which he graduated with an engineering degree in 1971.

Arnault later joined his father’s company in 1971. Shortly after joining his father’s company, he convinced his father to liquidate the construction division of the company and to change the focus of the company from construction to real estate.

Going by the name Férinel, the new real estate company became specialized in providing holiday accommodation. Named the Director of Company Development in 1974, he became the CEO in 1977. In 1979, he succeeded his father as president of the company.

With a net worth currently estimated at over 110 billion dollars, Bernard Arnault, Chairman, Chief Executive of Loius Vuitton Moet Hennessy, which is the world’s largest luxury goods maker. His company LVMH has undertaken an ambitious expansion phase under him; and the profits have risen by impressive figures. Bernard Arnault also has other diversified interests, including an impressive art collection, and other clothing businesses aside from LVMH.

He is a charitable person; when the Notre Dame Cathedral caught fire, his family pledged 200 million dollars for its reconstruction.  

2. Françoise Bettencourt Meyers 

  • Net Worth: $66.8 Billion
  • Date Of Birth: July 10, 1953
  • Company: L’Oréal

Françoise Bettencourt Meyers is an author and a billionaire heiress. She inherited the L’Oreal brand from her mother, and her written works mostly center around the relationship between Christianity and Jewish culture. 

Her company L’Oréal is one of the biggest cosmetics companies in the world; making skincare products, hair color products, and so on.

3. François Pinault

  • Net Worth: $39.4 Billion
  • Date Of Birth: August 21, 1936
  • Company: Artemis SA

Francois Pinault is a French billionaire businessman. He started with a bank loan, went into the timber trade, and from there went on to build a diversified investment holding company worth billions of dollars. Some of his investments are art, sports, and the luxury group Kering- all of these controlled by the holding company Artémis.

François Pinault was born on the 21st of August 1936. François Pinault is the chairmen of Kering retail conglomerate and also a majority shareholder. He is also an art collector. He owns one of the largest collections of contemporary art worldwide. In the magazine ArtReview’s 2006 list of most powerful people in modern art, he was ranked in the first place. He obtained the ownership of Palazzo Grassi in Venice in 2006 to display his art collections. He has collected works by Damien Hirst and Martial Raysse. With a net worth of $39.4 billion, François Pinault is the second richest man in France.

François Pinault is also the man behind the news magazine Le Point since 1997, the auction house Christie’s since 1998, and the French vineyard Château Latour. He is the owner of the Stade Rennes Football Club of France.

4. Gerard Wertheimer

  • Net Worth: $24.6 Billion
  • Date Of Birth: April 17, 1951
  • Company: Chanel

Gérard Paul Philippe Wertheimer was born on the 17th of April 1951. Gerard Paul is a French businessman but currently lives in Geneva.  Gerard Wertheimer is the younger brother to the Alain Wertheimer listed below although listed separately as a billionaire worth US$23.9, he too is part of the controlling bloc, or family that owns Chanel, which is a luxury fashion brand.

Their grandfather Pierre Wertheimer co-founded the Chanel fashion brand with Coco Chanel.

Both brothers are enthusiastic horse breeders who inherited and operate an important thoroughbred horse racing stable they call La Presle Farm. Gerard is in charge of the operations of the farm, and other horse racing related activities. 

With a net worth of $20 billion, he is the 4th richest person in France.

5. Alain Wertheimer

  • Net Worth: $23.9 Billion
  • Date Of Birth: September 28, 1948
  • Company: Chanel

Alain Wertheimer is a French billionaire businessman from France, born on September 28 in 1948, he runs one of the biggest fashion houses; Chanel.

Even though he is a Frenchman, Alain spends a lot of time in New York City. He co-owns the controlling interest in the House Of Chantel with his brother, Gerrard but he sits in the chairman’s seat. He also has an investment in Bell&Ross. Wertheimer was born to a Jewish family, the son of Jacques Wertheimer and Eliane Fischer. His grandfather, Pierre, co-founded the House of Chanel.

Since becoming chairman of Chanel, he has overseen a period of targeted growth and expansion. Besides Chanel, also owns a holding company that controls several brands in different industries. Some of them are Eres Lingerie and beachwear, Tanner Krolle saddles and leather goods, and also a British gunmaker called Holland & Holland. With a net worth of $23.9 billion, Alain Wertheimer is the third among the richest people in France.

6. Emmanuel Besnier

  • Net Worth: $17.5 Billion
  • Date Of Birth: September 18, 1970
  • Company: Lactalis

Emmanuel Besnier, born on the 18th of September in 1970, is a French heir and billionaire businessman. He is the chief executive officer (CEO) of Lactalis, which is one of the biggest producers of dairy products. Emmanuel Besnier does not like the spotlight; he is known as “the invisible billionaire.”

He has had his fair share of trouble: at the end of 2017, Lactalis was in trouble because its products had been contaminated with Salmonella, and so the company had {{{to recall 12 million boxes of baby milk from 83 countries}}. Besnier was then summoned by the French finance ministry for questioning.

But he has also had good times: he was awarded the Mayennais of the Year” award from the local Rotary Club. He also donates Euro 200,000 every year to the Francis-Le-Basser football stadium in his home town; Laval. He also gives them his time; attends their board meetings, and tries to help sports development and youth engagement in the area.

With a net worth of $17 billion, Emmanuel is the sixth richest person in France.

7. Patrick Drahi

  • Net Worth: $11.2 Billion
  • Date Of Birth: 1963
  • Company: Altice

Patrick Drahi was born in 1963, in Morocco. Patrick Drahi is a French-Israeli billionaire businessman who also has Portuguese citizenship. He is the founder and controlling shareholder of Altice, which is a telecom provider. Altice is traded on the Euronext Stock Exchange.

His net worth of US$11.2 billion does not come from Altice alone; he founded the international news channel i24news, which beams its signals from Israel, and broadcasts in French, Arabic, and English. He also owns a 70 percent stake in Suddenlink Communications, which is the seventh-biggest cable company in the US. He owns other cable companies in Israel and America, and in June 2019, he bought the auction house Sotheby’s. 

Patrick Drahi has a net worth of $11.2 billion making him the seventh richest french billionaires.

8. Rodolphe Saade

  • Net worth: $10.5 Billion
  • Date Of Birth: March 3, 1970
  • Industry: Shipping

Rodolphe Saadé is a French citizen born in Lebanon. He is the chairman and CEO of CMA CGM Group, a world leader in international transport (shipping), and logistics. He was born in Lebanon, to Jacques Saadé, a wealthy shipping magnate. He started his first business in Lebanon, it was a water cooler company.

He was later summoned to France by his father to use his talents in the CMA CGM Group. He joined in 1994, taking up positions in New York and Hong Kong, before going to the Group’s head office in Marseille, where he started his ascension to the top.  

He was honored with the Knight of the French Legion of Honor. 

9. Xavier Niel

  • Net Worth: $8.8 Billion
  • Date Of Birth: August 25, 1967

Xavier Niel was born on the 25th of August 1967. He is a French entrepreneur and businessman, active in the telecommunications and technology industry. Xavier is the founder and majority shareholder of the French Internet Service Provider, is France’s second-largest internet service provider which and Mobile operator Iliad which is France’s third mobile operator both trading under the Free brand. He is currently the Deputy Chairman of the Board of Directors and the Chief Strategy Officer for the Iliad. He is the ninth richest French billionaire with a net worth of $8.8 billion.

10. Olivier Dassault

  • Net Worth: 6.5 Billion
  • Date Of Birth: June 1, 1951
  • Industry: Diversified

Olivier Dassault is a French heir, politician, and billionaire. He is a trained military pilot and a deputy in the French National Assembly. He is the brother of Laurent Dassault listed below. Their grandfather founded the aeronautics company Dassault. 

He is also president of Dassault Communications, president of the board of directors of Valmonde, which is a French publisher, member of the board of newspaper Journal des Finances, and also an administrator of Dassault subsidiary Socpresse.

11. Laurent Dassault

  • Net Worth: 6 Billion
  • Date Of Birth: July 7, 1953
  • Industry: Diversified

Laurent Dassault is a French heir and billionaire businessman. He is the co-managing director of Dassault Group, the major force of French military aviation, founded by his grandfather, Marcel Dassault.

Laurent Dassault is one of the key decision-makers in the company, although very little else is known about him. 

12. Carrie Perrodo

  • Net Worth: $5.5 Billion
  • Date Of Birth: February 14, 1977

Ka Yee “Carrie” Wong Perrodo is a Hong Kong-born French businesswoman and billionaire heiress. She is the owner of an oil group founded by her late husband Hubert, the name of the oil group is Perenco.

13. Vincent Bolloré

  • Net Worth: $4.9 Billion
  • Date Of Birth: April 1, 1952

Vincent Bolloré (born 1 April 1952) is a French businessman. He is the chairman and Chief Executive Officer of the vast investment group, Bolloré. Bolloré was born in Boulogne-Billancourt. Vincent Bolloré graduated with a Master of Laws (LLM) degree from Université Paris X Nanterre. Bolloré started out as an investment bank trainee at Edmond de Rothschild. Vincent Bolloré is regarded as the seventh richest french billionaire with a net worth of $4.9 billion.

14. Pierre Bellon

  • Net Worth: $3.6 Billion
  • Date Of Birth: January 24, 1930

Pierre Bellon was born on the 24th of January 1930. He is a French entrepreneur and the founder of Sodexo, multinational food service and facilities management company.

In 1966, He founded Sodexho SA in 1966 which was later renamed Sodexo in 2008. He has a net worth of $3.6 billion.

This list shows how balanced and diversified the French economy is; the money is spread around several sectors: Aviation, Dairy Products, Media, Telecoms, Shipping, and of course one thing that the French do best; fashion.

This wealth, though controlled and harnessed by a few families has been preserved for generations, showing that the French can teach us a thing or two about managing money, multiplying it, and using it to generate more wealth. 

We did our utmost best to present an accurate list for you, however, if you notice any issues with the list feel free to comment here and we will update. We will be glad to hear your thoughts on this list through the comments section. Thanks

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