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Top 10 Richest People In Europe (2024 Update)

Along with more than 740 million people, Europe boasts many of the most powerful and economically advanced nations in the world.

The richest individuals in the world value political stability, hence this is a fascinating period to be a rich European.

Among the top 10 richest persons in Europe today, Europe has generated a great lot of businesspeople, investors, heirs, and real estate owners. Some of the most well-known brands sold worldwide originated on the continent. A lot of the billionaires in the world come from Europe; this is the outcome of some people’s hard work and efforts while others are lucky.

List Of Top 10 Richest People In Europe 2024

1. Bernard Arnault -$192.7 Billion

Bernard Arnault, the chairman and CEO of LVMH Moët Hennessy – Louis Vuitton SE, the biggest luxury goods company in Europe, ranks first among the richest people in the continent. Arnault, who has a net worth of more than $192.7 billion, owns famous companies including Louis Vuitton, Christian Dior, and Moët & Chandon, thereby ranking among the most powerful people in the worldwide luxury market. Strategic purchases, creative marketing, and dedication to workmanship by Arnault have cemented his status as the richest person in Europe and a major actor in the luxury and fashion industries.

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2. Amancio Ortega -$111.3 Billion

With a net worth above $111.3 billion, Amancio Ortega, the founder of Inditex, the parent company of worldwide fashion retailer Zara, is among Europe’s richest people. Ortega came from a modest background but developed his wealth by diligence, creativity, and sharp sense of fashion trends. Emphasizing speed to market and client preferences, Zara’s fast-fashion approach transformed the retail sector and drove Ortega to become among the richest people on Earth. His low-profile lifestyle and charitable activities contrast with his enormous riches, which makes people respect and admire him all around.

3. Dieter Schwarz -$35 Billion

With a net worth more than $35 billion, Dieter Schwarz, owner and CEO of Schwarz Group, the parent company of discount grocery chains Lidl and Kaufland, ranks among the richest people in Europe. Schwarz’s success comes from his emphasis on efficiency, cost management, and customer satisfaction—qualities that have driven Lidl and Kaufland to rank among top stores in Europe and elsewhere. Schwarz’s impact in the retail sector and his riches have put him among Germany’s most powerful and mysterious corporate leaders, even with his modest profile and dislike of media attention.

4. Len Blavatnik -$30.5 Billion

With a net worth more than $30.5 billion, British-American businessman and philanthropist Len Blavatnik ranks among the richest people in Europe. Born in Ukraine and educated in the United States, Blavatnik built his money investing in a variety of sectors, including media, technology, and energy. Reflecting his diverse investment style and worldwide reach, his company, Access Industries, owns interests in companies including Warner Music Group, LyondellBasell, and Acision. One of Europe’s most prolific donors, Blavatnik’s charitable activities—especially in the arts, science, and education—have brought him acclaim.

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5. Vladimir Lisin -$26.6 Billion

With a net worth more than $26.6 billion, Russian businessman and manufacturer Vladimir Lisin ranks among the richest people in Europe. Lisin, chairman and majority shareholder of Novolipetsk Steel (NLMK), one of Russia’s biggest steel manufacturers, has been instrumental in forming the metallurgical sector and economy of the nation. Notwithstanding obstacles including changing commodity prices and geopolitical concerns, Lisin’s strategic vision and leadership have helped NLMK to keep its top ranking in the worldwide steel market.

6. François Pinault -$24.7 Billion

With a net worth of more than $24.7 billion, François Pinault is one of the richest people in Europe. He founded and chairs Kering, a worldwide luxury brand including Gucci, Saint Laurent, and Balenciaga. From a little timber merchant to a titan of the luxury business, Pinault’s path is evidence of his vision, ambition, and entrepreneurial energy. Under his direction, Kering has broadened its portfolio of luxury brands, diversified its income sources, and embraced environmental projects, so strengthening Pinault’s reputation as a leader in the fashion industry and a pioneer of ethical capitalism.

7. Stefan Persson -$19.1 Billion

With a net worth of more than $19.1 billion, Stefan Persson, former chairman of H&M Hennes & Mauritz AB, ranks among the richest people in Europe. Persson, the son of H&M’s founder, grew the business internationally and turned it into one of the biggest fashion stores worldwide known for its reasonably priced, modern designs. Persson’s leadership and strategic vision have enabled H&M to adapt and innovate, therefore guaranteeing its ongoing success in the fast-paced fashion sector even if changing customer tastes and more competition have presented obstacles recently.

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8. Lakshmi Mittal -$15.3 Billion

With a net worth more than $15.3 billion, Lakshmi Mittal, chairman and CEO of ArcelorMittal, the biggest steelmaker in the world, is among the richest people in Europe. Mittal, who was born in India and educated in the United Kingdom, amassed his wealth by means of steel industry acquisitions and mergers, therefore securing his global leadership in steel output. Notwithstanding obstacles including changing steel pricing and geopolitical concerns, Mittal’s business sense and fortitude have helped ArcelorMittal to flourish and keep its position as the industry behemoth.

9. Charlene de Carvalho-Heineken -$14.4 Billion

With a net worth more than $14.4 billion, Charlene de Carvalho-Heineken, the heiress of the Heineken brewing empire, ranks among the richest people in Europe. De Carvalho-Heineken, one of the biggest brewing firms in the world and a controlling shareholder of Heineken NV, manages a worldwide empire manufacturing and distributing beer in more than 190 countries. De Carvalho-Heineken is one of the most well-known business leaders in Europe despite her quiet nature and avoidance of public attention because of her riches and power in the beverage sector.

10. Ernesto Bertarelli -$11.1 Billion

With a net worth of around $11.1 billion, Swiss- Italian businessman and philanthropist Ernesto Bertarelli ranks among the richest people in Europe. Former CEO and majority shareholder of Serono, a biotechnology business, Bertarelli amassed his wealth via calculated purchases in the healthcare industry. Although Serono was sold to Merck KGaA in 2007, Bertarelli is still very active in business, investments, and philanthropy using his wealth and clout to help projects in environmental preservation, education, and healthcare.

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