Xavier Niel

Xavier Niel is a highly respected French entrepreneur who enjoys a net worth of $6.6 billion. He is very active in the telecom industry and is a major shareholder in the French internet provider, Iliad. He is also the co-owner of Le Monde and now serves as the Chief Strategy Officer for Iliad. 

Read also : Richest People In France, Richest People In Europe

xavier niel

Xavier began his professional career while he was still in high school and he created his first company when he was only 19 years of age. The company was named as Minitel, an online sex chat site. He sold this company shortly afterwards. He then invested in World-net which was actually the first internet service provider in France. In 1999 he developed FREE which was yet another internet service provider in France that offered broadband packages for as low as 30 euros per month. 

xavier niel billionaire

In 2010 he co-founded Kima Ventures which is an angel investor company that has invested in more than 130 countries in such a short span of time. From April 2011 he is a member of the National Digital Council and last year he created a free computer school which is accessible to everyone. He had judiciary problems in 2004 -2005 and was even awarded a 2 year suspended prison sentence for misusing the assets of the company.

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