Jean Madar
$0.9B
Born
Mar 01, 1959
Age
66
Source of Wealth
Fragrances
Residence
New York, New York
Citizenship
France
Marital Status
Children
0
Education
- Jean Madar cofounded French fragrance company Interparfums in 1982, along with Philippe Benacin.
- The pair started the company out of business school after learning in class about the high margins of the fragrance industry.
- They took the business public on the NASDAQ in 1988 at a $4 million valuation. It is now worth more than $3 billion.
- Madar served as President of the company until 1993, when he became Director General of Interparfums' European subsidiary. He became CEO in 1997.
- Madar oversees Interparfums' U.S. operations, which account for 35% of net sales.
- Madar never wears fragrances himself, as a way to keep his smelling palate clear.
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