Richest Man in Europe 2023 Top 10 List, Net Worth, Business Model

Richest Man in Europe 2023 Top 10 List, Net Worth, Business Model and many details can be checked from here. Even though Europe is the second-smallest continent, it has the largest economy in the world. It is because its countries are strong and well-developed.

Richest Man in Europe 2023

There are 850 billionaires on the continent. They are investors, business owners, and real estate owners. Many well-known brands, like Adidas, Gucci, Audi, Porsche, and others, come from this continent.

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It shows how hard its people work and how dedicated they are. Some got their money from their parents, while others worked hard and now own properties, plots of land, and other assets worth millions. Continue reading to learn more about Richest Man in Europe 2023.

Richest Man in Europe

Top 10 Richest Man in Europe 2023

#1. Bernard Arnault – $201.6 Billion

The wealthiest individual in all of Europe is Bernard Arnault. He is an art collector in addition to being an investor in French companies and US businesses. As a result of the COVID-19 epidemic, he lost a significant fortune as the number of people purchasing expensive goods went down.

But he reclaimed his status as the wealthiest man on the continent when his fortune increased to $201.6 billion. People seem to have regained their interest in designer bags and diamond rings. LVMH is a group of 70 firms, including Louis Vuitton, Tiffany & Co., and Sephora. Bernard Arnault serves as the chairman of LVMH.

#2. Amancio Ortega – $77 Billion

Amancio Ortega is now the second wealthiest individual in all of Europe. He is a former chairman of Zara and now works in the business sector in Spain. In 1975, he married his wife Zara and established the foundation of his business empire.

By 2009, the following companies were under his control: Massimo Dutti, Zara Home, Kiddy’s Class, Oysho, Pull and Bear, Tempe, Stradivarius, and more. He has built an extensive assets portfolio valued at over $17.2 billion.

#3. Françoise Bettencourt Meyers – $73.6 Billion

Francoise Bettencourt Meyers is a French author and a private care organization L’Oréal S.A board member. As the only child of Liliane Bettencourt, the majority shareholder of the organization, Francoise Bettencourt Meyers inherited her mother’s fortunes upon her mother’s death in 2017. Liliane Bettencourt passed away in 2017. She is now one of the wealthiest individuals in the world and ranks at the top of the Forbes magazine’s listings of the world’s richest female billionaires.

Bettencourt Meyers also has an active academic career. She is the heiress of the world’s most recognized cosmetic organization. She is a distinguished author who writes about Jewish-Christian relationships and Greek mythology.

#4. François Pinault – $42.3 Billion

Francois Pinault is the fourth wealthiest individual in all of Europe. He is a French businessman and the chairman and CEO of the French luxury goods sustaining organization known as “Kering” (formerly PPR). He also the owns “Groupe Artémis.”

The son of business magnate and art collector Francois Pinault, who founded “PPR,” Francois-Henri Pinault got into the business while studying at HEC School of Management. He and his spouse are 84 years old and have a net worth of $42.3 billion due to PPR’s acquisition of the French jewelry organization Boucheron, the British fashion firm Balenciaga, and Alexander McQueen.

#5. Beate Heister & Karl Albrecht Jr. – $39.2 Billion

The children of Karl Albrecht Sr., with his brother Theo Sr., established the Aldi grocery chain in Germany and took over the business not long after the end of World War I.

This business is currently active in several countries throughout Europe and Asia, including China and Australia. Once Karl Albrecht Sr. passed away in 2010, his children became the beneficiaries of his wealth and their father’s interest in the business. The combined wealth of Beate Heister and Karl Albrecht Jr. is 39.2 billion dollars.

List of Richest Man in Europe

#6. Dieter Schwarz – $36.9 Billion

Dieter Schwarz, the son of Josef Schwarz and a successful German entrepreneur, is ranked as the sixth wealthiest person in Europe. In 1930, he established the Schwarz-Gruppe grocery store business. Immediately after he graduated from school, Schwarz assisted his father in his business ventures. Dieter Schwarz is the richest man in Germany. He heads the organization with the Dieter Schwarz Foundation, a non-profit charity foundation in Heilbronn.

He owns Lidl and the hypermarket chain Kaufland. In 1977, upon the passing of his father, he got complete control of the company, becoming both Chairman and CEO.

#7. Giovanni Ferrero – $35.1 Billion

Giovanni Ferrero, whose father Michele Ferrero founded the international confectionery firm Ferrero, is now ranked as the seventh wealthiest person in the world. After completing his education in the United States, he moved back to Italy to work for the family company.

 In 1997, he and his brother Pietro took over as Ferrero’s Chief Executive Officer. When his brother passed away in 2011, he became the only CEO of the company. In 2017, he handed over the CEO title to Lapo Civiletti. Once his father passed away, he received complete control of the business that had been in his family for generations.

#8. Len Blavatnik – $32 Billion

Len Blavatnik is a philanthropist and businessman with citizenship in the United Kingdom and the United States. He is the eighth wealthiest person in Europe and built his fortune via his firm, Access Industries. Access Industries is a privately owned international commercial institution investing in plant sources, real estate and media, chemicals, communications, and venture capital activity across the United States, South America, Israel, and Europe.

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When he took Warner Music to the United States in 2011, he entered a new world filled with famous artists. An annual highlight of the Cannes Film Festival, his party takes place on his 164-foot yacht, Odessa.

#9. Alexei Mordashov – $29.1 Billion

Alexei Mordashov is a World Steel Association board of directors member. He was born in 1965. The financial director of a steel mill in Russia purchased shares in this company and became the chief executive officer of the business. The Severstal Group came from this previous firm.

In 2018, he moved his stock holdings in Nordgold and TUI to a separate organization to benefit his kids, Kirill and Nikita, so that they may get further experience in a commercial company. Mordashov’s net worth is around $29.1 billion.

#10. Vladimir Potanin – $27 Billion

Vladimir Potanin, the head of ‘Interros,’ has business interests in various industries, including mining, metals, energy, banking, retail, real estate, tourism, and technology. With the fall of the Soviet Union and the reformation that preceded it in Russia, he amassed his wealth between the early and middle of the 1990s.

Via the infamous “loans for shares” scheme, he was able to amass the most riches possible. He said that he had a close relationship with Vladimir Putin, the President of Russia. His holdings in enterprises such as Nornickel, a producer of palladium and nickel, and Petrovax Pharm, a pharmaceutical agency, have enabled him to amass a fortune of several billion dollars.

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