Buys shipping group Delmas-Vieljeux; becomes a leader in Europe-Africa cargo.
Takes control of Groupe Rivaud, which produces tropical commodities.
Challenges family control of construction/telecom giant Bouygues; sells in 1998 for $210 million.
Acquires stake in film producer Pathé; sells a month later for $220 million profit.
Buys 31% of Rue Impériale de Lyon, part of the cascade that controls Lazard Frères. Crédit Agricole agrees to buy him out in November for $260 million.
Pays $150 million for small stake in Italian investment bank Mediobanca.