Portrait of Louis Le Duff

Rank #1164

Louis Le Duff

Net worth $3.7B

Bakeries · France

Born
Aug 01, 1946
Age
79
Source
Bakeries
Residence
Paris
Citizenship
France
Marital status
Married
Children
2
Education

Net worth over time

Biography

  • Louis Le Duff got his start when he opened a combined restaurant-bakery in a Quebec ski resort while studying abroad for his MBA.
  • In 1976, he took the concept back to France and opened the first Brioche Dorée bakery in Brittany with just $2,000.
  • Groupe Le Duff now operates more than 1,000 bakery and restaurant locations, including La Madeleine French eateries chain in the U.S. and Del Arte in France.
  • The company's biggest business is Bridor, which produces high-quality breads and pastries for hotels, restaurants and catering services in more than 100 countries.
  • Le Duff also owns frozen food maker Gourming, and he owned the Bruegger's Bagels chain from 2011 until 2017, when he sold it to Caribou Coffee Company. 
  • In the summer of 1970, when Le Duff studied at Columbia University in the City of New York, he worked night shifts at a French creperie on 3rd Street.