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François Pinault & family

REAL TIME NET WORTH

$49.9B
 François Pinault is honorary chairman of luxury group Kering, which
owns fashion brands Saint Laurent, Alexander McQueen and Gucci.
 Pinault founded Kering, which started as a wood and building materials
company, in 1963.
 In 1999, Pinault changed the direction of the business towards luxury
goods when he bought a controlling stake in Gucci Group.
 The $16 billion (2020 sales) company, which also owns watch brand
Girard-Perregaux, is run by Pinault's son, François-Henri.
 Pinault and his family own iconic auction house Christie's, plus a 3,000-
piece art collection with works by Picasso, Mondrian and Koons.
 The Pinault Collection museum is set to open in the 18th-century Bourse
de Commerce building in Paris in 2021.
Reference: https://www.forbes.com/profile/francois-pinault/?list=rtb/&sh=73746d2a4d20

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