François Pinault
François Pinault | |
|---|---|
Pinault in 2015 | |
| Born | 21 August 1936 Les Champs-Géraux, France |
| Occupation(s) | Businessman Art collector |
| Known for | Founder of Kering, Groupe Artémis and Pinault Collection |
| Spouses | Louise Gautier
(m. 1962; div. 1967)Maryvonne Campbell (m. 1970) |
| Children | 3, including François-Henri Pinault |
| Relatives | Salma Hayek (daughter-in-law) |
François Pinault (born 21 August 1936) is a French billionaire businessman, founder of the luxury group Kering and the investment holding company Artémis.
Pinault started his business in the timber industry in the early 1960s. Taken public in 1988, his company invested in specialty store chains and changed its name to Pinault-Printemps-Redoute (PPR). By the end of 1999, PPR shifted towards luxury and fashion. In 2003, he passed on the management of his companies to his elder son François-Henri to follow his passion for contemporary art.
In 2024, Forbes estimated Pinault's net worth at $31.6 billion, ranking him as the 54th-richest person in the world.