François Pinault is a businessman and art collector who is a very famous from France. He was born on August 21, 1936, in Les Champs-Géraux, France, and is included in the ranks of the richest people in the world, because it has a wealth reached 14.9 billion dollars.
As a successful entrepreneur, François Pinault started his business from scratch. He was born and grew up in a family in need and was forced to drop out of college because it ran out of charge. But, like other great people, François Pinault did not give up. He worked in various places, trying to raise money, and keep trying without being discouraged.
The story of the life of François Pinault when pioneering life can get long if told. Clear, his fate changed when he could raise money, then using the money to buy stocks. Of the few shares bought, he earned additional profits, and he bought back the stock and profit, and so on. A long into Hill and François Pinault collected the wealth of stock.
After long enough to play in the world of stocks, François Pinault then founded a company called Pinault-Printemps-Redoute (PPR). Through his company, François Pinault bought shares of companies that produce luxury brands such as Gucci and Balenciaga. Two well-known brands that even then the company controlled by François Pinault since the number of shares owned.
Gucci company founded in 1980, and later grew to be the most influential fashion houses, and into a profitable business. In October 1995, Gucci went public, and offer shares for $22 dollar per sheet. Shares that are purchased by the company of François Pinault until he became the owner of a majority stake.
Gucci has offices in many countries, including in Florence, Milan, Paris, London, Hong Kong, Japan, and New York. We can imagine how big this industry. Therefore, when Gucci is owned by François Pinault, then it is conceivable magnitude of the businesses controlled by it.
Besides Gucci, Francois Pinault also has its other luxury brands, including Yves Saint Laurent, Bottega Veneta and Alexander McQueen. Besides luxury brands, François Pinault also has a stake in the media, such as Lerner and Chadwick.
In 1992, François Pinault founded another company called Artemis. All shares of the company owned by his family. Artemis is engaged in the plantation as managing vineyards for wine production in the Bordeaux region, prepared by Chateau-Latour, and has been in operation since 1331. In addition, Artemis also gain a controlling stake in the various companies, including Samsonite, the shoe company Converse, resorts in Colorado, until the auction house Christie's. Artemis also has named Aurora Life insurance company, which is based in California.
In the business world, François Pinault is known as a "predator", because of his habit of buying shares or companies experiencing a decline in the market. Companies that are experiencing the decline later he changed to be a profitable business.
Besides the well known as an entrepreneur, François Pinault is also well known as a collector of art objects, he has a tendency on luxury brands and art objects of high quality. His personal art collection that was very much on display in the museum of Palazzo Grassi, Venice. In 2006, the magazine Art review puts François Pinault in the top ranking as the person who has the largest collection of art objects.
François Pinault married Maryvonne. They have three children and four grandchildren.
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