Francois-Henri Pinault’s Father is also a Billionaire
Who is Francois-Henri Pinault?
François-Henri Pinault is a prominent French businessman, serving as the chairman and CEO of Kering since 2005. During his tenure, he successfully transformed PPR, a retail conglomerate, into Kering, a luxury fashion group.
He has also been the president of Groupe Artémis since 2003. In 2018, he confirmed Kering’s decision to exit the sports and lifestyle sector, with a renewed focus on the luxury sector.
Francois-Henri Pinault was born in France
Pinault is 61 years old as of 2031. He was born on May 28, 1986, in Rennes, Ille-et-Vilaine, France. He celebrates his birthday on May 28th every year.
Education
Pinault graduated from HEC School of Management in 1985. After graduation, he went ahead and studied military service in the French Consulate in Los Angeles, and was in charge of researching fashion and new technology sectors.
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Francois-Henri Pinault’s Father is a Billionaire
Pinault’s father, François Pinault, is the founder of Pinault SA, which transitioned to Pinault-Printemps-Redoute to PPR, and finally Kering. He was raised alongside his brothers Dominique Pinault and Laurence Pinault
Francois-Henri Pinault First Wife, Dorothée Lepère
François Pinault’s first wife was named Dorothée Lepère. The couple got married in 1996 and were later blessed with two children – a son named François, born in 1998, and a daughter named Mathilde, born in 2001. Unfortunately, the couple ended up separating in 2004.
Francois Henri’s Second Wife, Linda Evangelista
After his divorce from his first wife was finalized, Pinault married his second wife, Linda Evangelista. They held their marriage in September 2005 in a ceremony that was attended by close family and friends. In their marriage, Pinault and Linda were blessed with one child, a son named Augustin James Evangelista who was born in October 2006.
Francois-Henri Pinault and Salma Hayek
Pinault is currently happily married to the talented Mexican actress and producer, Salma Hayek. Together, they have a beautiful daughter named Valentina, who was born on September 21, 2007.
Salma has made a name for herself in Hollywood through her remarkable performances in movies such as Desperado, From Dusk till Dawn, Wild Wild West, and Dogma which was released in 1999.
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Francois-Henri Pinault Career
Francois-Henri Pinault started his career at PPR, which was known as Pinault Distribution at the time, in 1987. He worked his way up the ranks and became the manager of the buying department in 1988, the head manager of France Bois Industries in 1989, and the head manager of Pinault Distribution in 1990. Pinault then became the president of CFAO in 1993 and the CEO of Fnac in 1997. During the 1990s, Pinault Distribution became PPR – an international player in the retail sector.
In May 2003, Pinault was appointed vice president of PPR and president of Groupe Artémis, PPR’s parent company. Pinault became President and CEO of PPR in March 2005. He initiated the company’s transformation into an international luxury fashion conglomerate and confirmed Kering’s exit from the Sport & Lifestyle sector in 2018 in order to focus solely on the Luxury sector.
Pinault has been the President of Groupe Artémis, Kering’s parent company, since 2003. He is also the owner of Château Latour winery, Christie’s auction house, and the Stade Rennais F.C. soccer team of France Ligue 1. In 2015, Artémis made an investment in the cruise ship operator Compagnie du Ponant. The Pinault family donated $113 million through Artémis to repair Notre-Dame de Paris following the 2019 fire.
Francois-Henri Pinault Fashion
Francois-Henri Pinault was appointed as the President and CEO of PPR in March 2005. This marked the beginning of the company’s journey towards becoming an international luxury fashion conglomerate. In January 2018, Kering was recognized as the best sustainable textile, apparel, and luxury goods corporation by the Corporate Knights Global 100 index.
During the G7 summit in August 2019, French President Emmanuel Macron assigned Pinault the task of establishing the Fashion Pact. This initiative was signed by 56 fashion companies, which pledged to take concrete steps towards reducing their environmental impact.
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Francois-Henri Pinault Wealth and Net Worth 2023
According to Forbes, Pinault’s net worth as of January 31, 2021, Pinault was estimated to have $43.4 billion. Later, the Bloomberg Billionaires Index estimated Pinault’s wealth to be around $53.9 billion in December 2021, ranking him as the world’s 26th richest person. As of 2023, according to Forbes, Pinault has an estimated net worth of $34.7 billion.
Francois-Henri Pinault House
Pinault, her wife Salma, and their 14-year-old daughter Valentina live in an incredible 17-bedroom mansion in London. The house is said to have once been the residence of famous Canadian singer Justin Beiber.