Tag: France
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France’s Richest Man Moves to Belgium
The richest man in France has officially transferred his multi-billion pound fortune out of his homeland to Belgium. Bernard Arnault, head of luxury goods group LVMH, insists he has moved his assets for ‘family inheritance reasons’. But others are convinced that the 63-year-old has joined other tycoons and celebrities in wanting to avoid taxes –…
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5 Found Shot in French Alps
NOTE: This is a story from 09/05/2012 that was stuck in the “draft” folder. Still as timely as ever. French authorities say five people, including a teenage girl, have been shot in a forest in the Alps. All five were initially reported to be dead. The teenage victim is now reported to be in critical…
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Wealthy Flee France (Shhh, don’t tell the U.S. Media)
For those that don’t know, France recently had an election and voted for the most socialist guy on the ballot. The guy who’s promising to raise taxes on the rich and increase the transfer payments to the poor. The result? The rich are leaving… in droves. France’s high earners feel increasingly unwelcome in a country…