François Pinault & family
$25.6B
Born
Aug 21, 1936
Age
89
Source of Wealth
Luxury goods
Residence
Paris,
Citizenship
France
Marital Status
Married
Children
3
Education
Drop Out, High School
- 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.
- 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.
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