2012-09-09

France's Richest Man, Bernard Arnault, Requests Belgian Nationality

Bernard Arnault, France's top fortune, and world's 4 richest man according to Forbes has applied for the Belgian nationality (link the Figaro; which report I do not quote as it didn't translate nicely in Google Translate).

After making an impressive fortune mostly taking advantage of the rules and laws in France; it's good to see that Bernard Arnault has decided to take his money out of France, which is probably the ship sinking the fastest in Europe at the time being. This is another blow to the inept policies of François Hollande and actually, the French President should be happy with the news since he's already stated publicly that he doesn't like the Rich.

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