List of French billionaires by net worth
2016 Forbes List
Table:
Ranking in France

Name and birth year

Net worth (USD)

Sources of wealth

1
Bernard Arnault (born 1949)
100.4 billion
LVMH

2
Liliane Bettencourt (1922-2017)
36.1 billion
L'Oréal

3
Serge Dassault (1925-2018)
14.7 billion
Dassault

4
François Pinault (born 1936)
11.5 billion
Kering

5
Alain Wertheimer (born 1948)
11 billion
Chanel

6
Gérard Wertheimer (born 1951)
11 billion
Chanel

7
Xavier Niel (born 1967)
8.6 billion
Iliad

8
Emmanuel Besnier (born 1970)
7.6 billion
Food processing

9
Jean-Claude Decaux (1937-2016)
6.5 billion
Advertising

10
Patrick Drahi (born 1963)
5.9 billion
Telecommunication

11
Vincent Bolloré
5.3 billion
Investments

12
Pierre Bellon
4.4 billion
Food services

13
Carrie Perrodo
4.2 billion
Oil

14
Martin and Olivier Bouygues
3.6 billion
Construction, media

15
Michel Leclercq
3.4 billion
Sporting goods

16
Alain Mérieux
3.3 billion
Pharmaceuticals

17
Bernard Fraisse
3 billion
Pharmaceuticals

18
Jean-Michel Besnier
2.7 billion
Food processing

19
Marie Besnier Beauvalot
2.7 billion
Food processing

20
Jean Pierre Cayard
2.7 billion
Spirits

Consulting the accompanying table together with the article excerpts below.

State the answer to the question: What secretive way has the French person worth 7.6 billion been described as ? Output only the correct answer as {"answer": "YOUR ANSWER"}. Do not introduce information beyond the provided sources.

Net worth is the value of all the non-financial and financial assets owned by an institutional unit or sector minus the value of all its outstanding liabilities . Since financial assets minus outstanding liabilities equal net financial assets , net worth can also be conveniently expressed as non-financial assets plus net financial assets . Net worth can apply to companies , individuals , governments or economic sectors such as the sector of financial corporations or to entire countries .
The United States dollar ( sign : $ ; code : USD ; also abbreviated US $ and referred to as the dollar , U.S. dollar , or American dollar ) is the official currency of the United States and its territories per the Coinage Act of 1792 . One dollar is divided into 100 cents ( Symbol : ¢ ) or 1000 mills ( for accounting purposes and for taxing . Symbol : ₥ ) . The Coinage Act of 1792 created a decimal currency by creating the following coins : tenth dollar , one-twentieth dollar , one-hundredth dollar . In addition the act created the dollar , half dollar , and quarter dollar coins . All of these coins are still minted in 2020 . In addition , several forms of paper money were introduced by Congress over the years . The latest of these , the Federal Reserve Note , was authorized by the Federal Reserve Act of 1913 , while all existing U.S. currency remains legal tender . Issuance of the previous form of the currency ( U.S. notes ) was discontinued in January 1971 . As a result , currently circulating paper money consists primarily of Federal Reserve Notes that are denominated in United States dollars ( 12 U.S.C . § 418 ) . Since the suspension in 1971 of convertibility of paper U.S. currency into any precious metal , the U.S. dollar is de facto fiat money .
Bernard Jean Étienne Arnault ( French : [ bɛʁnaʁ ʒɑ̃ etjɛn aʁno ] ; born 5 March 1949 ) is a French billionaire business magnate , and art collector . Arnault is the chairman and chief executive of LVMH Moët Hennessy - Louis Vuitton SE , LVMH , the world 's largest luxury-goods company . In April 2018 , he became the richest person in fashion , topping Zara 's Amancio Ortega .
LVMH Moët Hennessy - Louis Vuitton SE ( French pronunciation : ​ [ moɛt‿ɛnɛsi lwi vɥitɔ̃ ] ) , also known as LVMH , is a French multinational luxury goods conglomerate headquartered in Paris ( France ) . The company was formed in 1987 under the merger of fashion house Louis Vuitton with Moët Hennessy , a company formed after the 1971 merger between the champagne producer Moët & Chandon and Hennessy , the cognac manufacturer . It controls around 60 subsidiaries that each manage a small number of prestigious brands . The subsidiaries are often managed independently . The oldest of the LVMH brands is wine producer Château d'Yquem , which dates its origins back to 1593 . In November 2019 , LVMH acquired Tiffany & Co. for approximately US $ 16.2 billion . The deal was expected to close by June 2020 . As of 2018 , Tiffany operated 321 stores worldwide , with net sales of US $ 4.44 billion . Tiffany regions include the Americas , Asia-Pacific , Japan , Europe and the United Arab Emirates . Christian Dior SE is the main holding company of LVMH , owning 40.9% of its shares , and 59.01% of its voting rights . Bernard Arnault , majority shareholder of Dior , is Chairman and CEO of both companies . In 2017 , Arnault purchased all the remaining Christian Dior shares in a reported $ 13.1 billion buy out .
Liliane Henriette Charlotte Bettencourt ( French pronunciation : ​ [ lil.jan be.tɑ̃.kuːʁ ] ; née Schueller ; 21 October 1922 - 21 September 2017 ) was a French heiress , socialite and businesswoman . She was one of the principal shareholders of L'Oréal . At the time of her death , she was the richest woman , and the 14th richest person in the world , with a net worth of US $ 44.3 billion .
L'Oréal S.A. is a French personal care company headquartered in Clichy , Hauts-de-Seine with a registered office in Paris . It is the world 's largest cosmetics company and has developed activities in the field concentrating on hair colour , skin care , sun protection , make-up , perfume , and hair care . Upon the death of her mother in September 2017 , Liliane Bettencourt , who was principal shareholder , as of [ update ] 2020 Françoise Bettencourt Meyers is the majority owner of the company , with a 33.14% stake .
Serge Dassault ( French : [ sɛʁʒ daso ] ; 4 April 1925 - 28 May 2018 ) was a French billionaire heir , businessman and politician . He was the chairman and chief executive officer of Dassault Group , and a conservative politician . According to Forbes , Dassault 's net worth was estimated in 2016 at US $ 15 billion .
Dassault Group ( French pronunciation : ​ [ daˈso ] ; GIMD , Groupe Dassault , or the Groupe Industriel Marcel Dassault S.A. ) is a France-based group of companies established in 1929 with the creation of Dassault Aviation by Marcel Dassault , and led by son Serge Dassault with cofounder of Dassault Systèmes Charles Edelstenne , and currently Dassault Aviation Chairman and CEO is Éric Trappier .
François Pinault ( born 21 August 1936 ) is a French billionaire businessman , founder of the luxury group Kering and the investment company Artémis . Pinault started his business in the timber industry in the early 1960s . Taken public in 1988 , the company invested in specialized retail business and changed its name to PPR . By the end of 1999 , PPR shifted towards luxury and fashion . In 2003 , he passed on the management of his companies to his elder son François-Henri to follow his passion for contemporary art . Pinault is one of the world 's leading contemporary art collectors .
Kering S.A. ( French : [ kɛːʁiŋ ] ) is a French international luxury group based in Paris , France , and specialized in luxury goods . The luxury brands owned by the group include Gucci , Yves Saint Laurent , Balenciaga , Alexander McQueen , Bottega Veneta , Boucheron , Brioni and Pomellato . The company was founded in 1963 by François Pinault . It was quoted on Euronext Paris in 1988 and has been a constituent of the CAC 40 index since 1995 . François-Henri Pinault is Chairman and CEO of the group since 2005 .
Alain Wertheimer ( born September 28 , 1948 ) is a French businessman who , with his brother Gérard , own the controlling interest in the House of Chanel and also have an investment in Bell & Ross .
Chanel S.A. ( /ʃəˈnɛl/ , French pronunciation : [ ʃanɛl ] ) is a French privately held company owned by Alain Wertheimer and Gérard Wertheimer , grandsons of Pierre Wertheimer , who was an early business partner of the couturière Coco Chanel . Chanel is a luxury company that focuses on high fashion and ready-made clothes , luxury products , and accessories . In her youth , Gabrielle Chanel gained the nickname Coco from her time as a chanteuse . As a fashion designer , Coco Chanel catered to women 's taste for elegance in dress , with blouses and suits , trousers and dresses , and jewellery ( gemstone and bijouterie ) of simple design , that replaced the opulent , over-designed , and constrictive clothes and accessories of 19th-century fashion . The Chanel product brands have been personified by male and female fashion models , idols and actresses , including Inès de La Fressange , Catherine Deneuve , Carole Bouquet , Vanessa Paradis , Nicole Kidman , Jackie Kennedy , Anna Mouglalis , Audrey Tautou , Keira Knightley , Kristen Stewart , Pharrell Williams , Cara Delevingne , Jennie Kim , and Marilyn Monroe . Chanel is well-known for the perfume No . 5 de Chanel and Chanel Suit . Chanel 's use of jersey fabric produced garments that were comfortable and affordable . Chanel revolutionized fashion - high fashion ( haute couture ) and everyday fashion ( prêt-à-porter ) - by replacing structured-silhouettes , based upon the corset and the bodice , with garments that were functional and at the same time flattering to the woman 's figure . In the 1920s , the simple-line designs of Chanel couture made popular the flat-chested fashions that were the opposite of the hourglass-figure achieved by the fashions of the late 19th century - the Belle Époque of France ( ca . 1890-1914 ) , and the British Edwardian era ( ca . 1901-1919 ) .
Gérard Paul Philippe Wertheimer ( born April 17 , 1951 ) is a French businessman based in Geneva who owns and controls the House of Chanel perfume company in partnership with his brother , Alain .
Xavier Niel ( born 25 August 1967 ) is a French billionaire businessman , active in the telecommunications and technology industry and best known as founder and majority shareholder of the French Internet service provider and Mobile operator Iliad trading under the Free brand ( France 's second-largest ISP , and third mobile operator ) . He is also co-owner of the newspaper Le Monde , and co-owner of the rights of the song My Way and owner of Monaco Telecom . He is deputy chairman and chief strategy officer for Iliad . As of April 2018 , his net worth is estimated at US $ 6.1 billion .
Iliad S.A. is a French provider of telecommunication services . It is based in Paris and its operations comprise fixed and mobile telephony services , prepaid phone cards and internet access providing and hosting services . The company was founded by Xavier Niel in 1990 .
Emmanuel Besnier ( born 18 September 1970 ) is a French heir and businessman . He is the chief executive officer ( CEO ) of Lactalis . He is known as the invisible billionaire .
Jean-Claude Decaux ( 15 September 1937 - 27 May 2016 ) was a French entrepreneur who earned his fortune in advertising . He was the founder and honorary chair of the advertising firm JCDecaux , which is now run by his sons , Jean-François Decaux and Jean-Charles Decaux .
Patrick Drahi ( Arabic : باتريك دراحي ; Hebrew : פטריק דרהי ; born 1963 ) is a French-Israeli businessman with French , Portuguese , and Israeli citizenship , living in Switzerland since 1999 . He is the founder and controlling shareholder of the Netherlands-based telecom group Altice listed on the Euronext Amsterdam stock exchange .
Vincent Bolloré ( born 1 April 1952 ) is a French billionaire businessman . He is the chairman and CEO of the investment group Bolloré .
Pierre Bellon ( born 24 January 1930 ) is a French billionaire businessman , the founder of Sodexo , a multinational food service and facilities management company .
Ka Yee Carrie Wong Perrodo ( Chinese : 黃嘉兒 ; born 1950/51 ) is a Hong Kong-born French billionaire heiress and businesswoman . She is the owner of the oil group Perenco , which was founded by her late husband Hubert .
Martin Bouygues ( born 3 May 1952 ) is the chairman and chief executive officer of the French company Bouygues ( around 130,000 people in the world ) ; founded by his father Francis Bouygues in 1952 . In 2015 he was listed as the worlds 481st richest person , and is a billionaire .
Michel Leclercq ( born 1938/39 ) is a French billionaire businessman . He is the founder and 40% owner of Decathlon Group , the world 's largest sporting goods retailer .
Alain Mérieux is a French businessman , Chairman of Institut Mérieux .
Bernard Robert Louis Fraisse ( born August 1956 ) is a French billionaire businessman , the chairman , founder and 100% owner of Fareva , a French pharmaceutical company , with annual revenues of $ 1.4 billion in 2015 .
Jean-Michel Besnier ( born 1967/1968 ) is a French billionaire heir . He is a major shareholder of Lactalis .
Marie Besnier Beauvalot ( born July 30 , 1980 ) is a French billionaire heiress . She is a major shareholder of Lactalis .
Jean Pierre Cayard is a French billionaire businessman , who inherited the spirits manufacturer La Martiniquaise from his father , turning it into France 's second-largest spirits group . As of May 2015 , Cayard has an estimated net worth of US $ 3.2 billion .