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The 17 richest people in Europe
Stuart C. Wilson / Getty Images
Sanjay Hinduja (2nd L) and guests attend the Mayfair Times Indian Summer Party at Mandarin Oriental Hyde Park on June 1, 2015 in London.
The Sunday Times just published its annual Sunday Times Rich List, which ranks the wealthiest people in Britain and the rest of the world.
While Britain’s billionaires appear to have benefitted from a “Brexit Boom” in wealth since the June vote, the list shows that the biggest European fortunes still reside elsewhere on the continent.
The list is dominated by the owners of familiar fashion houses, supermarket giants, and manufacturers from France, Germany, Italy, and elsewhere.
Business Insider took a look at the Europeans who made it onto the Sunday Times Rich List this year — selected from those who either live or were born Europe.
Notably, only one British fortune made it into the top 17.
Take a look.
17. Sri & Gopi Hinduja
Net worth: £16.2 billion
Age: 81 & 77
The Hinduja brothers racked up their sizeable wealth through property development, car manufacturing, and more recently, the sale of the old War Office in London’s Whitehall for £300 million.
16. The Mulliez family
Net worth: £16.6 billion
The Mulliez family derive their wealth from the Arnaud Group, a French international retail group and corporation based in Croix, France, founded by Gerard (pictured). The group has nearly 270,000 employees across 15 countries.
15. Giovanni Ferrero and family
Net worth: £17.6 billion
Age: 52
Giovanni Ferrero has run confectionery company Ferrero SpA, best known for its Nutella chocolate spread and its Ferrero Rocher chocolates, since the death of his brother Pietro Ferrero in 2011.
14. Stefan Persson, Lottie Tham & family
Net worth: £17.8 billion
Age: 69 & 68
The Swedish siblings own a large chunk of the H&M fashion fortune, which their father founded. Persson is chairman and CEO, while Tham owns a 5% share of the brand.
13. Georg and Maria-Elisabeth Schaeffler and family
Net worth: £18.7 billion
Age: 52 & 75
Georg Schaeffler owns 80% of industrial manufacturing company Schaeffler Group, while his mother Maria-Elisabeth owns the other 20%. The company produces rolling element bearings for automotive, aerospace, and industrial uses.
12. Alain and Gerard Wertheimer
Net worth: £18.9 billion
Age: 69 & 66
The brothers run the House of Chanel, the world-famous fashion brand. The business came into the family after their grandfather, Pierre Wertheimer, became an early business partner with Gabrielle Bonheur Chanel, the house’s founder.
11. George Soros
Net worth: £20.7 billion
Age: 86
George Soros is a Hungarian-born American fund manager, philanthropist, and major political donor. He is known as “The Man Who Broke the Bank of England” because of his short sale of $10 billion of British Pound Sterling during the 1992 Black Wednesday currency crisis.
10. Maria Franca Fissolo
Net worth: £20.7 billion
Age: 76
The Italian billionaire is the owner of Europe’s second largest confectionery company Ferrero. She is the widow of Michele Ferrero.
9. Axel Dumas
Net worth: £22.2 billion
Age: 46
Dumas has controlled fashion house Hermès International since 2013. The Dumas family retain a 70% stake in the billion-dollar company.
8. The Henkel family
Net worth: £22.5 billion
The Henkel family run a conglomerate of the same name which manufactures products including Persil washing powder. Founded in 1876, the company is based in Düsseldorf, Germany.
7. Ingvar Kamprad and family
Net worth: £28 billion
Age: 91
Swedish-born Kamprad founded global furniture company IKEA. The thrifty entrepreneur says that he buys second-hand clothes to save money and espoused the virtues of frugality, simplicity, and enthusiasm in a 1976 manifesto called “A Testament of a Furniture Dealer.”
6. Karl Albrecht Jr, Beate Heister & family
Net worth: £30.5
The pair are the children — and heirs to the fortune — of the late Karl Albrecht, who co-founded discount supermarket chain Aldi with his brother. Albrecht, who passed away in 2014, based his supermarket chain’s success on a no-frills strategy similar to Wal-Mart’s in America, and there are now over 10,000 stores in 18 countries.
5. Stefan Quandt and Susanne Klatten
Net worth: £30.8 billion
Age: 50 & 55
The reclusive pair are heirs to the BMW fortune. Their father was Herbert Quandt, the industrialist who turned BMW into an industrial giant.
4. Liliane Bettencourt
Net worth: £31.8 billion
Age: 94
Bettencourt is the “grand dame” of L’Oreal. Bettencourt and her children own 33% of the cosmetics company. She suffers from dementia, which means her children now run her business affairs.
3. Sergey Brin
Net worth: £33.4 billion
Age: 43
Soviet-born computer scientist Brin is the co-founder of Google. He is the president of Google’s parent company Alphabet Inc., and the 14th richest person in the world.
2. Bernard Arnault
Net worth: £35.2 billion
Age: 68
Bernard Jean Étienne Arnault is chief executive of luxury goods firm LVMH, the umbrella company for brands including fashion house Louis Vuitton and champagne house Moët & Chandon. He is the richest man in France.
1. Amancio Ortega
Net worth: £63.5 billion
Age: 81
Armancio Ortega is a Spanish business magnate who founded the Inditex fashion group. The group is best known as the owner of the Zara fashion chain.
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
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