Portrait of Alain Bouchard

Rank #531

Alain Bouchard

Net worth $7.3B

Convinience stores · Canada

Born
Feb 18, 1949
Age
77
Source
Convinience stores
Residence
Montreal
Citizenship
Canada
Marital status
Married
Children
4
Education

Net worth over time

Biography

  • Alain Bouchard cofounded convenience store conglomerate Alimentation Couche-Tard with a single Quebec shop in 1980.
  • As executive chairman, Bouchard still oversees the $73 billion (sales) company, which boasts more than 17,000 owned or franchised stores worldwide.
  • Bouchard, who grew the business rapidly by snatching up competitors, retired as president and CEO in September 2014.
  • Couche-Tard acquired the Circle K chain in 2003 and the Holiday Stationstores and CST Brands chains in 2017.
  • Couche-Tard made a $20 billion bid for French food retailer Carrefour in early 2021, but the French government nixed the deal.
  • Bouchard got his start stocking shelves at his brother's franchised Perrette store and, after climbing the ladder at two chains, struck out on his own.

Financial assets

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