(Decanter) - LVMH owner Bernard Arnault is around four billion euros poorer in 2016 versus 2015, but he's still the second richest person in France, according to the new French rich list by Challenges magazine. See which other château and vineyard owners made the list. 

This list has been expanded and updated from Jane Anson’s original story published in 2015. Updates and editing by Chris Mercer.

Bernard Arnault, who’s Moet Hennessy Louis Vuitton empire includes names such as Krug, Dom Perignon and Cheval Blanc, was beaten into second place on the annual French rich list by L’Oreal’s Liliane Bettancourt.

But, he is still the richest French wine château owner.

French magazine Challenges estimated Arnault’s fortune at €30.3 billion, down from €34.6bn in its 2015 rich list.

Around one in 10 of those listed are connected to French wine châteaux and vineyards.

Here are some of the most prominent names:

• Serge Dassault, whose family owns Chateau Dassault in St-Emilion alongside the aeronautical business, remains at number five but has seen his fortune rise to €20bn in 2016, from with €17.5bn last year.
• The Wertheimer brothers, of Chanel and owners of Château Rauzan Ségla and Château Canon in Bordeaux are up one place to sixth, with €16.5bn.
• Château Latour owner Francois Pinault is seventh, also up one place versus 2015 despite losing money. He has an estimated fortune of €11.7bn, down €1bn on last year, through parent company Kering. Pinault also owns Araujo Estate in Napa Valley.
• Pierre Castel, the wine and beer magnate who turns 90 in October, is up three places to eighth. He has a fortune of €8bn, versus €7.5bn in 2015.
• Vincent Bolloré is 10th with €7.3bn, down one place versus 2015 after losing a third of his fortune in the past 12 months. His namesake firm has a 39% stake in Socfin Group, one of the world’s biggest plantation owners, alongside various media and transport investments. It owns several estates in southern France, including Domaine de la Croix and Domaine de la Bastide Blanche in Provence.
• François Perrodo, of Château Labegorce and energy company Perenco, remains 12th in 2016 with an estimated fortune of €7bn.
• There’s special mention for the Ricard family in 21st place. It is the biggest single shareholder in publicly listed Pernod Ricard with a 13% stake.