Between 2020 and 2025, Bernard Arnault's fortune grew by around *** percent, representing the largest growth rate among the ten richest people in France. Out of the top 10, Francois Pinault was the only billionaire who saw his fortune decrease, going from ** billion in 2020 to **** billion in 2025.
Record wealth growth for French billionaires
In 2023, there were ***billionaires in Europe, among whom 72 in France, and ** in the capital. In 2025, Bernard Arnault was the fifth richest man in the world. According to the Bloomberg Billionaires Index, the luxury magnate, whose group LVMH includes brands such as Louis Vuitton, Givenchy, and Dior, could spend a dollar a second (without increasing his wealth, and in the absence of inflation or deflation) that his fortune would still last him more than five millennia. The second wealthiest woman in the world was French: between 2020 and 2025, the fortune of Françoise Bettencourt Meyers grew almost ** percent. Moreover, in 2021, the top five French family-owned groups listed on the CAC40 received around **** billion euros in dividends, and almost half of these profits went to the Arnault family.
While CAC40 companies experienced historic profits in 2021 and 2022, spending per employee remains low in many groups, and the ratio between average CEO pay and average spending per employee is increasing. Indeed, in 2021, CEO pay was on average *** times that of an employee, compared to *** in 2020, and *** in 2018. In other words, an employee had to work an average of *** days to earn what their CEO earned in one day. The groups with the lowest spending per employee were Stellantis, Dassault Systemes, and especially Teleperformance: an employee at this company had to work an average of five years to make their CEO's daily salary.
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Forbes. (May 8, 2025). Wealth growth rate of the first ten French billionaires since the beginning of the COVID-19 pandemic between 2020 and 2025 [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 31, 2026, from /statistics/1366854/wealth-growth-rate-french-billionaires-crisis/
Forbes. "Wealth growth rate of the first ten French billionaires since the beginning of the COVID-19 pandemic between 2020 and 2025." Chart. May 8, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 31, 2026. /statistics/1366854/wealth-growth-rate-french-billionaires-crisis/
Forbes. (2025). Wealth growth rate of the first ten French billionaires since the beginning of the COVID-19 pandemic between 2020 and 2025. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 31, 2026. /statistics/1366854/wealth-growth-rate-french-billionaires-crisis/
Forbes. "Wealth Growth Rate of The First Ten French Billionaires since The Beginning of The Covid-19 Pandemic between 2020 and 2025." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 8 May 2025, /statistics/1366854/wealth-growth-rate-french-billionaires-crisis/
Forbes, Wealth growth rate of the first ten French billionaires since the beginning of the COVID-19 pandemic between 2020 and 2025 ÌÇÐÄÆÆ½â°æ, /statistics/1366854/wealth-growth-rate-french-billionaires-crisis/ (last visited July 31, 2026)
Wealth growth rate of the first ten French billionaires since the beginning of the COVID-19 pandemic between 2020 and 2025 [Graph], Forbes, May 8, 2025. [Online]. Available: /statistics/1366854/wealth-growth-rate-french-billionaires-crisis/