Professional Documents
Culture Documents
$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