New French rich list shows strong links to top châteaux

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Château d'Yquem in Sauternes, which is part of Bernard Arnault's LVMH empire. Credit: Benjamin Zingg / Wikipedia

Bernard Arnault, of luxury goods group LVMH, has again headed the list of France’s richest people in the annual ranking by Challenges magazine.

The magazine’s list re-emphasises the strong links between the country’s wealthiest and its most renowned wine names.

Arnault’s estimated fortune has risen considerably in the last few years and stands at €90bn, according to Challenges.

For LVMH, wine and spirits are a core component of its luxury business, taking in names such as Krug, Dom Pérignon and Moët & Chandon, plus Hennessy Cognac, Château d’Yquem and Cheval Blanc in Bordeaux, as well as Clos des Lambrays in Burgundy.

Translated by ICY

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