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francois pinault

FB Roundup: Francoise Bettencourt Meyers, Klaus-Michael Kuehne, Masatoshi Ito

March 13, 2023

In this week’s FB Roundup, L’Oreal heir Francoise Bettencourt Meyers names new investment firm MD; Klaus-Michael Kuehne is to receive $4.5 billion dividends from his transport empire; and tributes are paid to 7-Eleven billionaire Masatoshi Ito.

L’Oreal heir Francoise Bettencourt Meyers names new investment firm MD
The world’s richest woman, Francoise Bettencourt Meyers, has named Cyrielle Villepelet as managing director of her investment company, Tethys Invest, according to Bloomberg.

FB Roundup: Francois Pinault, David Armstrong, Jay-Z

October 11, 2022

In this week’s FB Roundup, Francois Pinault’s brand merger raises concerns from family winemakers; David Armstrong leads a bid to save Wasps Rugby Club; and hip-hop billionaire Jay-Z invests In a robotic pizza startup.

Francois Pinault’s brand merger raises concerns from family winemakers
The family of Francois Pinault, the billionaire owner of luxury brand Kering, have reportedly incurred the ire of French winemakers following the news that the Pinault-owned Artémis Domaines is merging with Champagne manufacturers Maisons & Domaines Henriot.

FB Roundup: François Pinault, Robert Kraft, Ashwin Damera

April 20, 2022

In this week’s FB Roundup, François Pinault looks to acquire music streaming platform Deezer; Robert Kraft’s family donates $24 million to Harvard Business School; and Ashwin Damera invests in an Indian venture lending firm.

François Pinault looks to acquire music streaming platform Deezer
French businessman François Pinault [pictured left] is aiming to buy music streaming platform Deezer in a deal estimated at $1.6 billion.

The founder of the luxury group Kering and investment company Artémis, along with other founders of the special purpose acquisition company (SPAC) I2PO, plans to take the company public if the deal goes ahead.

FB Roundup: Kering, Koch and Soros, and Tipping Point Fund

December 12, 2019

Pinault family’s Kering explores a Moncler takeover, Charles Koch and George Soros unite against the US war industry, and Blue Haven, Rockefeller and Ford foundations help launch an impact fund.

Pinault family’s Kering explores Moncler takeover

The rivalry between the Pinault and Arnault luxury family businesses appears to be intensifying with Kering in talks to acquire Moncler only weeks after LVMH bought Tiffany and Co for $16 billion.

Pinault family office head to lead Christie’s auction house

December 3, 2014

The French businesswoman who has headed the Pinault family’s investments for the last 25 years has been appointed chief executive of auction house Christie’s, which is wholly owned by the family.

The French businesswoman who has headed the Pinault family’s investments for the last 25 years has been appointed chief executive of auction house Christie’s, which is wholly owned by the family.

Patricia Barbizet will replace Steven Murphy as chief executive, following his surprise departure announced this week by Christie’s and effective from the year’s end.

Collectible cars top passion investments

January 8, 2014

Classic cars have topped a new passion investment index released this week, while when it comes to fine art, traditional Chinese works have provided the most lucrative returns.

Classic cars have topped a new passion investment index released this week, while when it comes to fine art, traditional Chinese works have provided the most lucrative returns.

According to The Coutts Index: Objects of Desire classic cars saw a 257% return on investment over a seven-and-a-half year period, starting in 2005, well ahead of the next most profitable passion investment, classic watches, which saw returns of 176%.

France to honour family business founder

January 3, 2012

With his successful family business, large collection of art, multi-billion-dollar fortune and football team Stade Rennais Football Club, Francois Pinault doesn’t want for much – except the privilege of being a member of France’s Legion of Honour.

But the country’s president, Nicolas Sarkozy, recently announced plans to amend this – naming Pinault on the New Year's Honours list.

Family business head shells out £20 million for London house

November 15, 2011

Shelling out £20 million (€23.4 million) for a two-bedroom house in the heart of London may be over the top for some, but for the founder of luxury goods group PPR, Francois Pinault, it was just another investment.

The French billionaire, whose family-controlled PPR owns brands such as Gucci and Stella McCartney, has paid around €23 million for a house in the upmarket neighbourhood of Chelsea.