Patrick Drahi Net Worth

How much is Patrick Drahi Worth?

in Richest BusinessmenRichest Billionaires
Patrick Drahi net worth:
$19.7 Billion

Patrick Drahi Net Worth: Patrick Drahi is a French entrepreneur who has a net worth of $19.7 billion. He is a 2014 entrant to the billionaires' club as a founder of Altice, a multinational group consisting of communications companies and cable operators. In January 2014, he listed Altice on the Amsterdam stock exchange and raised $1.8 billion in the process. Founded in 2001, he has successfully managed to grow the company over the years, mainly following a buy-low, sell-high mantra. To date, he has made more than 20 acquisitions of lagging cable and mobile operators, often at knockdown prices in locations across France, Belgium, Israel, Portugal, and the Dominican Republic. Over 40% of Altice's revenue is stemming from France, whereas 27% comes from Israel. Born in Morocco in 1963, Patrick Drahi left Morocco at the age of fifteen. He went to France to earn an engineering degree from the prestigious Parisian university École Polytechnique, after which he started to build his fortune. Today, he resides in Geneva with his wife and four children.

Patrick Drahi Net Worth

Patrick Drahi

Net Worth:$19.7 Billion
All net worths are calculated through the combination of a robust methodology and a proprietary algorithm. The results are fact checked and confirmed by a team of editors and industry insiders. We work diligently to ensure that our numbers are the most accurate celebrity net worth data you will find anywhere on the internet.
Did we make a mistake?
Submit a correction suggestion and help us fix it!
Submit a Correction
Discussion