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But only eight of the 50 richest people in the world come from the continent - and half of them inherited their fortunes. The others, including second-richest person on earth Amancio Ortega, forged their fortunes in fashion and furniture.
This comes from new data provided to Business Insider by Wealth-X, a company that conducts research on the super-wealthy, featured in our recent ranking of the world's richest people. Wealth-X maintains a database of dossiers on more than 110,000 ultra-high-net-worth people, using a proprietary valuation model to discern the size of their fortunes.
Read on to learn more about the richest people in Europe, including a man who has a near-monopoly on eyewear and the founder of the world's largest furniture maker.