Europe's richest man has joined Jeff Bezos and Bill Gates, reaching over $ 100 billion in value.
French luxury fashion magnate Bernard Arnault beat the historic net assets Wednesday according to Bloomberg Billionaire's Index.
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Arnault is chairman of LVMH, a group that includes brands such as Dior, Louis Vuitton and Moet & Chandon. Bloomberg reports that his fortune has risen by nearly $ 32 billion this year.
At the time of writing, Arnault is $ 6 billion behind Microsoft co-founder Gates, worth $ 106 billion and $ 19 billion Dollar behind Amazon boss Bezos, the richest man of modern history.
Arnault was one of the billionaires who promised money for the repair of the cathedral Notre-Dame in Paris. Arnault has pledged 200 million euros, although a senior press secretary from Notre-Dame told the AP last week that the big donations of billionaires like Arnault have not yet arrived.