François Pinault is a well-known French billionaire. François Pinault is also the founder of Kering, a luxury conglomerate, and Artémis, an investing firm.
Quick Facts
| Full Name: | François Pinault |
|---|---|
| Born Date: | August 21, 1936 |
| Age: | 87 years |
| Horoscope: | Leo |
| Lucky Number: | 3 |
| Lucky Stone: | Ruby |
| Lucky Color: | Gold |
| Best Match for Marriage: | Sagittarius, Gemini, Aries |
| Gender: | Male |
| Profession: | Businessman |
| Country: | France |
| Marital Status: | married |
| Wife | Maryvonne Campbell |
| Divorce | Louise Gautier |
| Net Worth | USD 50.3 billion |
| Eye Color | light brown |
| Hair Color | white |
| Birth Place | Les Champs-Géraux, Côtes d’Armor, Brittany |
| Nationality | French |
| Religion | Christian |
| Education | College Saint-Martin |
| Kids | (Three) François-Henri, Dominique, and Laurence Pinault |
François Pinault Biography
François Pinault was born on August 21, 1936. He is a French national who was born in Les Champs-Géraux, Côtes d’Armor, Brittany. In the same way, he is a Christian. He was also born under the zodiac sign of Leo.
Getting back to his family, he was born into a French household. His father, in reality, was a lumber trader. Pinault began his career working for his family’s lumber industry in the French countryside, where he grew up. He dropped out of the College Saint-Martin in Rennes at 16, where upper-class pupils mocked him for his rustic speech and peasant origins. Furthermore, he enlisted in the military during the Algerian conflict in 1956. He then returned to the family business, which he had sold after his father’s death.
François Pinault Height And Weight
The businessman is of ordinary height and weight, according to his body measurements. He has a set of light brown eyes and a few white hairs on his head. He hasn’t revealed any information on her physical characteristics, such as her height, weight, chest-waist-hip size, and so on.
Career
Pinault founded his first company, a wood-trading business, in 1963 with the help of family and a Crédit Lyonnais bank loan. The business grew at a quick pace. Chapelle Darblay, for example, was resurrected by his company after it was on the edge of bankruptcy.
On October 25, 1988, Pinault SA went public on the Paris stock exchange. Pinault began to diversify his portfolio to include retail businesses. He bought a majority stake in CFAO (African specialist distribution), Conforama (furniture retailer), Printemps (department store), La Redoute (mail order), and Fnac (food retailer) (books and electronics retailer). His company was renamed Pinault-Printemps-Redoute in 1993. (PPR).
Pinault had turned his company’s focus to the luxury industry by the turn of the century. In March 1999, Pinault-Printemps-Redoute paid $3 billion for the Yves Saint Laurent company as well as a controlling 42 percent share in the Gucci Group. After that, in 2000, he bought Boucheron, a French jewelry manufacturer. In addition, in 2001, he purchased Balenciaga, and in 2002, he purchased Alexander McQueen, a British design business.
More On Career
In May 2003, the businessman handed over ownership of his companies to his son, François-Henri Pinault. François-Henri Pinault, Chairman of PPR, proceeded to consolidate the luxury business by acquiring new brands (Brioni, Girard-Perregaux, Pomellato, etc.). PPR changed its name to Kering in 2013. The group’s sales in 2018 totaled 13.66 billion euros, up 26.3 percent from the year before.
In 1992, Pinault founded the holding company Artémis to manage the family’s investments. Château Latour (Bordeaux), Clos de Tart (Bourgogne), Domaine d’Eugénie (Vosne-Romanée), Château Grillet (Rhône Valley), and Eisele Vineyard are all held by Artémis Domaine, a completely owned subsidiary of Pinault and his family (Napa Valley). Artémis purchased the news magazine Le Point in 1997, the auction house Christie’s in 1998, and the luxury cruise operator Ponant in 2015. Pinault has been the owner of the Rennes football club since 1998.
François Pinault Net Worth
Throughout François Pinault’s career, the elderly businessman has amassed a sizable fortune. As of February 2024, He presently has a net worth of $50.3 billion US dollars, according to certain web sources. He amassed this fortune through his entrepreneurial endeavors.
François Pinault Wife, Marriage
In 1962, François Pinault married Louise Gautier. Their three children were François-Henri Pinault, Laurence Pinault, and Dominique Pinault. In 1967, they divorced in the same way. He married Maryvonne Campbell, an antique merchant who introduced him to the world of art, in 1970. This was the year he made his first art purchases.
