Francois Pinault Net Worth
Francois Pinault net worth: Francois Pinault is a French luxury goods mogul who has a net worth of $14 billion. Francois Pinault is the founder and majority shareholder of fashion conglomerate Kering (formerly PPR). Kering owns prestigious fashion houses like Gucci, Stella McCartney, Alexander McQueen and Yves Saint Laurent. In addition to Kering, Pinault also holds the company Artemis S.A., which among other things, owns Converse shoes, Samsonite luggage, Château Latour, the Vail Ski Resort in Colorado, as well as Christie's auction house. As for Pinault's personal art collection, it includes more than 2000 works by the likes of Picasso, Mondrian and Jeff Koons. In March 2013, he was worth $15 billion, making him the 53rd richest person in the world and the 3rd wealthiest man in France. The affluent businessman and friend of former French President Jacques Chirac, is married and has three sons. His son Francois-Henri has made headlines. He settled a child support battle with supermodel Linda Evangelista over their son Augie, who was born in 2006. Subsequently, Francois-Henri married actress Salma Hayek in 2009.
Net Worth details: Today Francois' Pinault's family owns a 41 percent stake of Kering. He is credited with his family's full stake. Pinault is the founder of the luxury goods company and his son Francois-Henri is the CEO. Pinault holds 66 percent of Pro Global Insurance Solutions and 25 percent of Groupe Fnac. He owns the 190 acre winery Chateau Latour as well as auction house Christie's and the cruise line operator Ponant. His family has an art collection of more than 2,000 pieces.