Our exclusive 2016 ranking shows that the economic downturn has hit billionaires this year. Discover the evolution of their heritage over a year, and how emblematic families have built their fortunes.
Negative year for the billionaires of the Old Continent. The fourth exclusive ranking of Bilan shows that the cumulative fortune of the 100 richest in Europe reached 1298 billion francs, a decrease of 5.5% over one year. While it posted an increase of 20% last year and 11% in 2014. An analysis by sector of activity indicates that some have nevertheless fared their game despite Brexit, economic uncertainties and the sharp decline in growth in Asia, particularly in China.
Thus, the Spaniard Amancio Ortega, who occupies the first step of the podium with a heritage estimated at 68.5 billion francs, saw his fortune grow over one year by 2.5 billion, thanks to the increase in sales of his group Inditex. Moreover, the creator of this textile colossus seized second place in the world ranking carried out by Bloomberg. He follows Bill Gates, co-founder of Microsoft, which posts 81 billion.
Next in our list are the Kamprad (Ikea) families with 38.8 billion (-2.3 billion) and Bettencourt (L’Oréal) with 35.7 billion (+2.7 billion). With the exception of Ikea, impacted by the recall of 36 million dressers in North America, companies active in mass distribution that market items at attractive prices performed well. Conversely, the luxury sector suffered, the share price of LVMH, Kering, Hermès and Prada fell over one year, causing a decline in the assets of their main shareholders respectively Bernard Arnault (-6 bn), François Pinault (-3.7 bn), and the Prada (-3.6 bn) and Hermès (-1.3 bn) families. The Rupert family, which controls the Richemont luxury group, and Giorgio Armani even dropped out of our ranking.
But the most spectacular fall strikes Patrick Drahi who lost 11.1 billion compared to 2015. This Franco-Israeli who lives in Switzerland controls the telecoms group Altice whose stock collapsed on the stock market because of its debt. about 50 billion. […]
Find our classification on newsstands from July 6 to August 16, 2016