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Wednesday, October 18, 2006

Top 10 Richest people in the world 7

#7 Bernard Arnault



Age: 57
Fortune: self made
Source: LVMH

Net Worth: 21.5

Country Of Citizenship: France
Residence: Paris, France, Europe & Russia
Industry: Diversified
Marital Status: married, 5 children

Ecole Polytechnique de Paris, Bachelor of Arts / Science


A year of celebration for the "Pope of fashion." His high-end luxury goods empire LVMH, with brands including Louis Vuitton, Fendi, Christian Dior and Mokt & Chandon, posted record sales of $16.6 billion. Stock is up 35% in the past 12 months, also boosting Arnault's fortune, which is almost entirely made up of his LVMH stake. On personal front: his eldest child and LVMH board member, Delphine, 30, got married this fall near Bordeaux. Arnault oversaw all the details of the weekend-long festivities and supposedly captured a lot of the events himself with his digital and video cameras.

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