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TAKING STOCK: La Tribune, the French financial daily once owned by luxury titan Bernard Arnault, has done a grim calculation: How much his likes have lost in terms of net wealth in 2008 as the French stock market continues to tumble. The potential loss on the Paris Bourse for France’s 10 richest families so far this year totals 61 billion euros, according to the paper’s tally. Arnault, chairman and chief executive of LVMH Moët Hennessy Louis Vuitton, whose wealth is based mostly on shares of LVMH and Christian Dior, has seen his fortune on paper shrink an estimated 17.4 billion euros (to 13.1 billion euros); L’Oréal’s Liliane Bettencourt and her family 6.6 billion euros (to 10.8 billion euros); and François Pinault of PPR 2.9 billion euros (to 2.6 billion euros).

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