Rank #465
Jacques Saadé Jr
Net worth $7.9B
Shipping · France
- Born
- Aug 10, 1971
- Age
- 54
- Source
- Shipping
- Residence
- Marseille
- Citizenship
- France
- Marital status
- Children
- 2
- Education
Net worth over time
Biography
- Jacques Saadé Jr. is the son of late shipping magnate Jacques Saadé, who died in 2018.
- The Saadé family controls CMA CGM, one of the world's largest shipping companies, founded in Marseille, France in 1978.
- Jacques serves as head of CMA CGM's real estate assets.
- Jacques Saadé Jr. jointly controls the company with his siblings, Tanya Saadé Zeenny and Rodolphe, as well as his mother Naila.
- The $55.5 billion (2024 revenues) company operates more than 700 vessels, serving 420 commercial ports in 160 countries.