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From left, Indian tech billionaire Azim Premji, Laurene Powell Jobs, founder and chairperson of Emerson Collective, and Bernard Arnault, CEO of LVMH.
Reuters

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.

Europe’s richest person, Bernard Arnault, built his fortune on designer handbags and Champagne. His latest bet: security guards.

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