Rank #2091
Philippe Ginestet & family
Net worth $2.0B
Retail stores · France
- Born
- Jan 01, 1954
- Age
- 72
- Source
- Retail stores
- Residence
- Pujols
- Citizenship
- France
- Marital status
- Children
- 0
- Education
Net worth over time
Biography
- Philippe Ginestet owns French discount chain GiFi, known for its low prices on household goods, the majority of which cost less than five euros.
- GiFi boasts an estimated annual revenue of $2 billion.
- Ginestet founded the company in 1981 and remains chairman.
- In 2017, GiFi acquired Tati, a famous French discount chain often identified by its bright pink logo.
- The name GiFi is a patronym, combining the first syllables of Ginestet's last name and first name.
- Ginestet owns a chateau in France dating back to the 16th century, which he painted various colors and reopened as a hotel.