France

French Newspaper to Richest Citizen: Get Lost, You Rich Idiot

France's richest man applied for Belgian citizenship ahead of Hollande's 75 percent tax on the rich proposal, yielding attacks from politicians all over France's political spectrum

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France's richest man, billionaire Bernard Arnault, has come under fire from all quarters for his controversial decision to apply for Belgian nationality.

The decision by 63-year-old head of the Louis Vuitton, Moët and Hennessy (LVMH) luxury goods empire to seek Belgian citizenship, has been seen by some as a first step to his future financial exile from France. It is an accusation Arnault has strongly denied.