In September, under the headline "Casse-toi riche con!" ("Get the Eff Out, Rich Idiot!"), France's Libération newspaper reported Bernard Arnault had applied for dual French-Belgian citizenship and would be moving to Belgium to avoid paying his home country's proposed 75 percent supertax on top earners. The first part was true — in fact, Belgium claimed it was "in need of" Arnault — but the LVMH chairman and CEO said from the start he would stay a fiscal resident of France. Even after François Hollande abandoned his supertax plans. And even after Bernie casually transfered $7.9 billion to a Belgian bank account.
Via: Bernard Arnault Wont Become a Belgian Citizen Because You Have Trust Issues
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