Vincent Bollore Net Worth, Age, Family & Biography $9.5 B Real Time Net Worth #160 in the world today

Avan Parvadiya — Thu, 04 May 2023 07:34:55 +0000

About Vincent Bollore

French businessman Vincent Bollore is worth a billion dollars. He still holds the positions of chairman and CEO of the investment group Bollore as of January 2023. Bollore’s own venture vocation started when he took over at his family-controlled aggregate Bollore, which bargained in sea cargo and African exchange, and paper fabricating. He is a notable corporate raider in France who has succeeded with regards to making money by taking huge stakes in French listed organisations, specifically the structure and development group Bouygues, where he left with a sizable capital after a fight for control.

He made a similar move with the French video game company Ubisoft in 2016 when he owned about 27% of the company. In 2016, Ubisoft president Yves Guillemot worked out a deal for a group of companies, including Tencent Games, to buy Bollore’s shares for about $2.45 billion. His investment group started building a stake in the advertising group Havas, becoming its largest single shareholder at the end of 2004, eventually becoming the company’s single largest shareholder. He launched the Direct 8 television station in 2005, expanding his media interests through his family’s business.

Mr. Bolloré with his sons Cyrille, left, who runs the Bolloré Group, and Yannick, who leads Havas. Yannick Bolloré was unexpectedly appointed last week to serve in his father’s place as chairman of the Vivendi board.

Vincent Bollore Career

Bollore employs 33,000 people around the world. He is a notable corporate looter in France who has prevailed with regards to bringing in cash by taking huge stakes in French recorded organisations, specifically the structure and development bunch Bouygues, where he left with a sizeable capital increase after a fight for control.

For a number of years, Bollore has made significant investments in the media. He owns the majority stake in the Vivendi media group, which also owns numerous newspapers and TV stations and owns 18% of Universal Music Group.

Vincent Bollore Facts

Head of the French industrial group Bollore, Vincent Bollore, poses presenting a car named Auto Bonheur, one of the nine new customized Autolib cars on October 8, 2014 in Paris, France. Autolib is a French electric car pick-up service.