Bernard Arnault -- the richest man in France and the world's fourth wealthiest -- has applied for Belgian citizenship, as Paris moves to impose a 75 percent tax on incomes above one million euros, the France 24 website reports today (September 9, 2012).
The 63-year-old billionaire head of the LVMH luxury goods empire filed an application with parliament last week to become a naturalized Belgian citizen, a senior Belgian official said.
"The file will be treated the same as all the others," Georges Dallemagne -- the head of Belgium's naturalization commission -- said. He added, "We currently have 47,000 before us."
Belgian legislation requires applicants for citizenship to have had at least three years of residency in Belgium. Arnault lives in Paris, but also owns a home in Brussels, Belgium.
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