Serge Dassault, Patriarch of Aircraft Empire, Dies at 93

Honorary chairman has heart failure in Champs-Elysees office
He expanded defense company into media, auctions, real estate

Serge Dassault in Paris on Sept. 3, 2009.
Photographer: Antoine Antoniol/Bloomberg

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By Devon Pendleton and Tara Patel

May 28, 2018 at 4:10 PM UTC

Updated on

May 28, 2018 at 4:50 PM UTC

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Serge Dassault, the billionaire businessman and politician who inherited an aviation empire from his World War I aircraft-designer father, died. He was 93.

He succumbed Monday to heart failure in his company office just off the Avenue des Champs-Elysees, said a spokeswoman for Groupe Industriel Marcel Dassault. He was chairman.