Pinault family net worth
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François Pinault
French billionaire businessman (born 1936)
François Pinault | |
|---|---|
Pinault in 2015 | |
| Born | (1936-08-21) 21 August 1936 (age 88) Les Champs-Géraux, France |
| Occupation(s) | Businessman Art collector |
| Known for | Founder of Kering, Groupe Artémis and Pinault Collection |
| Spouses | Louise Gautier (m. 1962; div. 1967)Maryvonne Campbell (m. 1970) |
| Children | 3, including François-Henri Pinault |
| Relatives | Salma Hayek (daughter-in-law) |
François Pinault (born 21 August 1936) is a French billionaire businessman, founder of the luxury group Kering and the investment holding companyArtémis.
Pinault started his business in the timber industry in the early 1960s. Taken public in 1988, his company invested in specialty store chains and changed its name to Pinault-Printemps-Redoute (PPR). By the end of 1999, PPR shifted towards luxury and fashion. In 2003, he passed on the management of his companies to his elder son François-Henri to follow his pas
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François-Henri Pinault: From Family Business To Leading The Global Luxury Industry
With an empire that stretches from luxury to auctioneers to vineyards and football, Kering Chairman and CEO François-Henri Pinault continues to work towards building a sustainable, purposeful company.
By Nichola Marie
A well-known personality in the global business world, mega-billionaire French businessman and Chairman & Chief Executive Officer – Kering, François-Henri Pinault leads the company that owns renowned luxury fashion brands like Balenciaga, Gucci, and Yves Saint-Laurent. He is also president of holding company Groupe Artemis, which owns Christie’s Auction House, the Creative Artists Agency talent agency, Château Latour winery in France, and a 3,000-piece art collection with works by Picasso, Mondrian, and Koons. Ranked by Forbes as the 99th richest person in the world, he reportedly has an estimated net worth of $20.6 billion; the Pinault family is worth approximately over $40 billion. After taking control of his father’s luxury and lifestyle group, Pinault is cr
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House of Pinault: The History and Business of Kering and Gucci
Most people are familiar with the iconic luxury brands of Gucci, Yves Saint Laurent, and Bottega Veneta – names that have mastered the art of desirability and stood the test of time. Under the leadership of the Pinault family, Kering, the owner of these brands, has undergone an extraordinary transformation. From its origins in timber – far away from the glittering flagship stores lining the Champs-Élysées, Fifth Avenue, and Via Monte Napoleone – the group has become one of the world's largest luxury empires. This is the story of Kering.
The Pinault family: The transformation from Établissements Pinault to Pinault SA, then PPR, and ultimately Kering began under François Pinault and now continues with his son, François-Henri.
Unexpected origins: Today's renowned luxury group of Kering began as a timber trading company in 1962.
The white knight: In 1999, the Pinault and Arnault families clashed in a dramatic battle over Gucci. Facing an unwanted takeover by LVMH, Gucci turned to Pinault's PP
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