Jeff Bezos and Bill Gates belong to an exclusive club of people worth over $100 billion, and it just got its 3rd member

Europe’s richest man has joined Jeff Bezos and Bill Gates in their exclusive club by becoming worth more than $US100 billion.

The French luxury-fashion magnate Bernard Arnault edged over the landmark net worth on Wednesday, according to the Bloomberg Billionaires Index.

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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 $US32 billion this year, the most of anyone on its billionaires index.

At time of writing Arnault is $US6 billion behind Microsoft cofounder Gates, who’s worth $US106 billion, and $US19 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 ($US224 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 materialise.

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