Europe's richest man has joined Jeff Bezos and Bill Gates in their exclusive club by becoming worth more than $100 billion.
The French luxury-fashion magnate Bernard Arnault edged over the landmark net worth on Wednesday, according to the Bloomberg Billionaires Index.
Read more: A definitive list of the 13 richest tech billionaires in the world
Arnault is chairman of LVMH, a group that owns brands such as Dior, Louis Vuitton, and Moet & Chandon. Bloomberg reported that his wealth has grown by nearly $32 billion this year, the most of anyone on its billionaires index.
At time of writing Arnault is $6 billion behind Microsoft cofounder Gates, who's worth $106 billion, and $19 billion behind Amazon CEO Bezos, the richest man in modern history.
Arnault was among the crop of billionaires to pledge money to repair Notre-Dame Cathedral in Paris. Arnault pledged €200 million ($224 million), although a senior press official at Notre-Dame told The Associated Press last week that the big donations from billionaires such as Arnault had yet to materialize.
