Francois Henri Pinault Net Worth

François Henri Pinault is a French tycoon, born on May 28 1962. The billionaire  was in the news for settling a child support case with Linda Evangelista over their son Augie, born in 2006. In 2009, Henri married Hollywood actress with Mexican roots, Salma Hayek. To his friends, including the former French President Jacques Chirac, he is the best man ever.

François-Henri Pinault is the founder, majority shareholder and also the Chief Executive Officer of fashion conglomerate Pinault-Printemps-Redoute (PPR) Company, now changed to Kering. This company owns prestigious fashion houses like Gucci, Stella McCartney, Alexander McQueen, Yves Saint Laurent, as well as Boucheron, Bottega Veneto, Brioni and also Girard-Perregaux watches.

In addition to the PPR Company, Pinault also holds his father's Groupe Artemis S.A., which among other things, owns Converse shoes, Samsonite luggage, Château Latour, the Vail Ski Resort in Colorado, and also Christie's auction house.  FHP indeed heeds his father’s advice to 'look beyond profit margins' to have bought and added Christopher Kane to his 17 luxury brands that already possess. Because of that, he bought 51% stake in the business of London Fashion Week label Christopher Kane. FHP said that they have great ambitions for this brand and his development in future. 

FHP’s Kering Company, a French multinational holding company which in 2012 had revenue of €9.738 billion and a profit of €1.048 million. In March 2013, American business magazine Forbes estimated his net worth at $15 billion, which makes him the 53rd richest person in the world and the 3rd wealthiest man in France. As for Pinault's personal art collection, he owns one of the biggest collections of contemporary art worldwide, which includes more than 2000 works by Picasso, Mondrian and Jeff Koon. 

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References:

Forbes (The ultimate site for billionaire rankings)

CelebrityNetWorth (The ultimate site for net worth of celebrities)

TheRichest (Great site for things about money and rich people)

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