Bloomberg Billionaires Index

View profiles for each of the world’s 500 richest people, see the biggest movers, and compare fortunes or track returns.

#286 Vincent Bollore $5.87B

Random fact: Plans to retire in 2022 and pass control of group to children.

Overview

Bollore is the chairman of Bollore Group, a French conglomerate with revenue of 10.1 billion euros ($11.1 billion) in 2016. The Puteaux-based business owns 14 percent of media operator Vivendi and 8 percent of Mediobanca, an Italian bank. It also has interests in transportation, energy, electricity storage and wine.

As of Oct. 17, 2017:
Last change +$15.4M (+0.3%)
YTD change +$1.81B (+44.6%)
Industry Diversified
Biggest asset ODET FP Equity
Citizenship France
Age 61
Wealth Self-made
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Vincent Bollore's net worth of $5.87B can buy ...

0
troy ounces of gold
0
barrels of crude oil

... and is equivalent to ...

0%
of the GDP of the United States
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of the total wealth of the 500 richest people in the world
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of the top 100 U.S. college endowments
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of the top 200 U.S. executives’ total awarded compensation
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of U.S. existing home sales
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times the median U.S. household income

Latest News

Net Worth Summary

Cash
Private asset
Public asset
Misc. liabilities
Confidence rating:

The majority of Bollore's fortune is derived from his controlling stake in Financiere Odet, the publicly traded holding company that controls 64 percent of Bollore Group, according to its 2016 annual report. The billionaire owns 87 percent of Financiere Odet, according to an analysis of his holding structure. He also owns 8 million Bollore shares directly and through holding companies, according to the company's 2016 annual report.

The value of his cash investments is based on an analysis of insider transactions, dividends, charitable contributions and market performance.

Michel Calzaroni, a spokesman for Bollore Group, said the billionaire declined to comment on his net worth.

Biography

Birthdate: 4/1/1952
Family: Married, 4 children
Education: Doctorate Degree, Law, Paris Nanterre University

Vincent Bollore was born in Boulogne-Billancourt, France, on April 1, 1952, the son of Michel Bollore, who'd inherited a family business that made cigarette papers and teabags. Established in Brittany in 1822, the company was bought by Edmond de Rothschild investment bank in the 1970s after it neared bankruptcy.

Bollore studied law at University of Paris X Nanterre and joined investment bank Edmond de Rothschild in 1976. He became chairman and chief executive officer of Bollore Group five years later, after buying it from Rothschild for one French franc. He restructured the business and expanded into shrink-wrap film.

He listed Bollore Technologies on the Paris Stock Exchange in 1985. A year later, he bought tobacco company Sofical and French freight-forwarding firm SCAC. He began buying what became a 26 percent stake in U.K. advertising company Aegis in 2005, and sold it to Japanese advertiser Dentsu seven years later. The company owns 37 percent of French advertiser Havas and 5 percent of Vivendi, the former water utility that was restructured as a telecommuncations and entertainment company. He acquired the media conglomerate after selling Vivendi Direct 8, a TV channel he'd established in 2012.

Bollore is married and has four children, all of whom work at the family business.

Milestones
  • 1976 Joins Edmond de Rothschild investment bank as a deputy director.
  • 1981 Buys back his family's company from Edmond de Rothschild.
  • 1986 Acquires French freight-forwarding company SCAC.
  • 2004 Acquires a 20 percent stake in French advertising company Havas.
  • 2005 Starts digital terrestrial television channel Direct 8.
  • 2011 Autolib's car-sharing service opens with 250 cars in Paris.
  • 2012 Sells TV channel Direct 8 to Canal Plus, Vivendi's pay-TV network.
  • 2013 Battery maker Blue Solutions sells shares on the Paris stock exchange.