Portrait of Filip Balcaen & family

Rank #2675

Filip Balcaen & family

Net worth $1.5B

Textiles · Belgium

Born
Feb 09, 1960
Age
66
Source
Textiles
Residence
Gent
Citizenship
Belgium
Marital status
Married
Children
2
Education

Net worth over time

Biography

  • Filip Balcaen derives his fortune from his holding company Enterhold, which invests in a slew of private companies and real estate across Belgium, the Netherlands, China and the U.S., among other countries.
  • Prior to Enterhold, he led the Balta group, one of Belgium's largest carpet makers, which was founded by his father Paul Balcaen in 1964.
  • In 2004 Filip sold Balta and soon after started IVC, a manufacturer of vinyl tiles, which he sold to U.S.-based Mohawk Industries in 2015.
  • He has a controlling stake in Brussels-based Recticel, a company that specializes in insulation boards and panels.
  • Balcaen lives in an 18th century castle and owns a collection of vintage cars.
  • In 2023 he bought a 154-feet super yacht called Nilaya.