Portrait of Michel Leclercq & family

Rank #756

Michel Leclercq & family

Net worth $5.5B

Sporting goods · France

Born
May 27, 1939
Age
87
Source
Sporting goods
Residence
Lille
Citizenship
France
Marital status
Married
Children
4
Education

Net worth over time

Biography

  • Michel Leclercq set up a small sporting goods store called Decathlon in 1976.
  • It's now one of the world's largest athletic retailers with more than $16.5 billion in sales from more than 1,700 stores in 60 countries.
  • Leclercq is cousin of Gerard Mulliez, the patriarch of the famed French retail dynasty behind Auchan department stores.
  • Leclerq and his immediate family own approximately 40% of the company; the extended Mulliez family own about 40% as well.