The 21 richest people in Europe

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    Political stability is important to the world’s richest people, which means it’s an interesting time to be a wealthy European.

    As Britain pushes on with Brexit, Italy sees its liberal prime minister resign, and France flirts with the election of the far-right Marine Le Pen as President, a wave of populism seems set to sweep over the continent.

    Europe’s wealthy elite is worried: political stability and a generous tax regime are rarely the hallmarks of populist government, and there are also fears that Brexit could drive away the country’s richest.

    Business Insider took a look at who made it onto the Sunday Times Rich List this year — selected from those who either live or were born Europe, it is possible the list will look very different by next year.

    Take a look!

    21. Dieter Schwarz & family

    21. Dieter Schwarz & family

    Net worth: £12.0 billion

    Age: 77

    As owner of Schwarz-Gruppe, Dieter Schwarz runs budget supermarket chain Lidl and German hypermarket chain Kaufland, and is the richest man in Germany.

    20. Kirsten, Finn and Jorn Rausing

    20. Kirsten, Finn and Jorn Rausing

    Net worth: £12.9 billion

    These are the third-generation heirs to the Tetra Pak packaging fortune. The company has an annual turnover of £11.3 billion, and employs over 30,000 people.

    19. Leonardo Del Vecchio

    19. Leonardo Del Vecchio

    Net worth: £12.9 billion

    Age: 81

    Italian businessman Del Vecchio is founder and chairman of Luxottica Group, which is the world’s largest producer of glasses and lenses. The group has over 75,000 employees and over 7,000 stores worldwide.

    18. Sri and Gopi Hinduja

    18. Sri and Gopi Hinduja

    Net worth: £13.0 billion

    The pair, who reside in the UK, are one-half of the so-called “Fantastic Four,” a set of siblings in their seventies who run conglomerate company Hinduja Group, which is based in London. The firm owns Indian automotive manufacturer Ashok Leyland.

    17. David and Simon Reuben

    17. David and Simon Reuben

    Net worth: £13.1 billion

    David and Simon Reuben are British businessmen and philanthropists. The brothers were born in India, and made their fortune in metals trading and property development.

    16. Georg and Maria-Elisabeth Schaeffler and family

    16. Georg and Maria-Elisabeth Schaeffler and family

    Net worth: £14.1 billion

    Age: 52 & 75

    Georg Schaeffler owns 80% of industrial manufacturing company Schaeffler Group, while his mother owns the other 20%. The company produces rolling element bearings for automotive, aerospace, and industrial uses.

    15. Giovanni Ferrero and family

    15. Giovanni Ferrero and family

    Net worth: £15.1 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. Alain and Gerard Wertheimer

    14. Alain and Gerard Wertheimer

    Net worth: £16.4 billion

    Age: 68 & 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.

    Queen Elizabeth is pictured in 2015 presenting the pair with a trophy after their racehorse won the Elizabeth II Stakes Race run at Ascot.

    13. The Mulliez family

    13. 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.

    12. George Soros

    12. George Soros

    Net worth: £17.1 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.

    11. Axel Dumas

    11. Axel Dumas

    Net worth: £17.3 billion

    Age: 46

    Dumas has controlled fashion house Hermès International since 2013. The Dumas family retain a 70% stake in the billion-dollar company.

    10. The Oeri / Hoffmann family

    10. The Oeri / Hoffmann family

    (L-R) Actor Daniel Craig, Maja Oeri, filmmaker Steve McQueen, Marie-Josee Kravis, and Jerry Speyer attend Museum Of Modern Art’s 2014 Party In The Garden at MuseumStephen Lovekin / Getty Images

    Net worth: £18.4 billion

    The Oeri-Hoffman clan consists of the descendants of the founders of Swiss pharmaceutical giant Roche. They retain a controlling stake in the firm, despite their lack of operational roles.

    9. The Henkel family

    9. The Henkel family

    Net worth: £18.7 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.

    8. Stefan Persson, Lottie Tham & family

    8. Stefan Persson, Lottie Tham & family

    Net worth: £21.7 billion

    Age: 69 & 67

    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.

    7. Bernard Arnault

    7. Bernard Arnault

    Net worth: £23.6 billion

    Age: 67

    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.

    6. Liliane Bettencourt

    6. Liliane Bettencourt

    Net worth: £25.0 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.

    5. Stefan Quandt and Susanne Klatten

    5. Stefan Quandt and Susanne Klatten

    (L-R) Stefan Quandt, mother Johanna Quandt, and Susanne Klatten – BMW Blog

    Net worth: £25.4 billion

    Age: 50 & 54

    The reclusive pair are heirs to the BMW fortune. Their father was Herbert Quandt, the industrialist who turned BMW into an industrial giant.

    4. Sergey Brin

    4. Sergey Brin

    Net worth: £26.1 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 12th richest person in the world.

    3. Karl Albrecht Jr, Beate Heister & family

    3. Karl Albrecht Jr, Beate Heister & family

    Net worth: £27.1 billion

    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.

    2. Ingvar Kamprad and family

    2. Ingvar Kamprad and family

    Net worth: £38.3 billion

    Age: 90

    Swedish-born Kamprad founded global furniture company IKEA. He has espoused the virtues of frugality, simplicity, and enthusiasm in a 1976 manifesto called “A Testament of a Furniture Dealer.”

    1. Amancio Ortega

    1. Amancio Ortega

    Net worth: £50.2 billion

    Age: 80

    Armancio Ortega is a Spanish business magnate who founded the Inditex fashion group. The group is best known for the Zara fashion chain. He is the second richest person in the world.