Sunday, 22nd November 2009

 

6 June 2008 - Press Briefing

European billionaires worth combined $1.4 trillion in global rich list

The number of European citizens on Forbes' most recent list of the world's billionaires stands at 298, with the combined net worth of this affluent group being an astonishing $1.4 trillion (€897.8bn).

Ingvar Kamprad, the Swedish founder of Ikea, is the wealthiest of the lot, with his personal worth estimated at $31bn.

Oleg Deripaska, the Russian aluminum magnate, follows second with a net worth of $28bn. Bernard Arnault, the French billionaire owner of LVMH into the world's biggest luxury goods empire, has earned the title of the fourth-richest European citizen, with a personal wealth of $25.5bn.

Russia now has 87 billionaires with a collective net worth of $471.4bn. Other notable billionaires from the country include Europe's fifth-wealthiest, Roman Abramovich, with a fortune of $23.5bn.

Trailing Russia in billionaire population is Germany, which has 59 billionaire citizens with a combined net worth of $284.6bn. Its wealthiest is Karl Albrecht, co-owner of discount supermarket giant Aldi. Karl now has a net worth of $27bn. Brother Theo is worth $23bn.

Tags: Bernard Arnault , Forbes , Oleg Deripaska , Roman Abramovich

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