$20.3B
$-62M
(-0.3%)

FR
· Age 89
Source of wealth: Luxury goods
Industry: fashion-retail
Residence: Paris, FR
{
"bio": [
"François Pinault is honorary chairman of luxury group Kering, which owns fashion brands Saint Laurent, Alexander McQueen and Gucci.",
"Pinault founded Kering, which started as a wood and building materials company, in 1963.",
"In 1999, Pinault changed the direction of the business toward luxury goods when he bought a controlling stake in Gucci Group.",
"Today the $18.6 billion (2024 sales) company, which also owns Balenciaga and Saint Laurent, is run by Pinault's son, François-Henri.",
"Pinault and his family own iconic auction house Christie's, plus a 3,000-piece art collection with works by Picasso, Mondrian and Koons.",
"In 2023, they bought a majority stake in talent agency Creative Artists Agency from private-equity firm TPG."
],
"about": [
"Pinault and his family also own several vineyards, a French soccer club, a theater in Paris and a luxury yacht and expedition company.",
"The Pinault family gave more than $100 million to help rebuild the Notre Dame Cathedral following the 2019 fire."
]
}