Richest people in Europe


Moscow now home to more billionaires than any other city in the world. The city has 79 billionaires, and Russia has the most billionaires in Europe. Germany is in second place with 52 and UK third with 32 billionaires. The list below shows the richest people in Europe



No 5: Vladimir Lisin, Russia

$24 billion

He is a Russian businessman specialised in the steel industry. He is considered by the Forbes magazine to
be the richest man in Russia with an estimated net worth of $24 billion and number 14 richest people in
World, judging by the Forbes magazine (2011). .

Vladimir Lisin


No 4: Stefan Persson, Sweden

$24.5 billion

Has run Swedish retailer, founded by his father, for 29 years. The hip clothing chain now has 1,700 stores
in 24 countries. Heads cheap chic fashion retailer Hennes & Mauritz; H&M known for bringing in big
names like Madonna, Karl Lagerfeld, Stella McCartney and Kylie Minogue to design affordable
collections for its 1,700 stores.

Stefan Person


No 3: Karl Albrecht, Germany

$25.5 billion

Entrepreneur who founded the discount supermarket chain Aldi with his brother Theo. Theo, transformed
their 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

Karl Albrecht


No 2: Amancio Ortega, Spain

$31 Billion

Amancio Ortega stepped down as chairman of Inditex, the $15.8bn (sales) fashion firm in January. The
firm operates under brand names including Zara, Massimo Dutti and Stradivarius. He still gets
87% of his fortune from his stake in the publicly traded firm.

Amncio Ortega


No 1: Bernard Arnault

$41 Billion

The richest European thanks to shares of his luxury goods outfit LVMH - maker of Louis Vuitton, Moet
& Chandon - surging by $13.5bn.

Bernard Arnault


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