Heirs to the Mulliez French Retail Empire Cleared in Decade Long Tax Probe
- Investigators didn’t find evidence against Mulliez descendants
- Billionaire clan’s investment firm controls Auchan, Decathlon
Gerard Mulliez in Marcq-en-Baroeul, France, in 2014.
Photographer: Philippe Huguen/AFP/Getty ImagesThis article is for subscribers only.
French investigators have dropped a decade long probe into allegations of corporate wrongdoing by members of the billionaire Mulliez dynasty and the vast network of companies that make up the family’s global retail empire.
The investigation related to the billionaire clan’s closely held investment company, Association Familiale Mulliez, which has more than 800 shareholders who have family ties to 93-year-old patriarch Gerard Mulliez. An AFM representative confirmed the dismissal of allegations against both managers and companies within the structure.