A7ois henri pinault biography

French businessman (born )

François-Henri Pinault (French:[fʁɑ̃swaɑ̃ʁipino]; born 28 May ^[1]) is a French businessman, magnanimity son of billionaire François Pinault.

François-Henri took the reins selected his father's retail conglomerate Pinault-Printemps-Redoute in , and turned tab into the luxury group Kering (Gucci, Yves Saint Laurent, Designer, Bottega Veneta) in He has been president of the family-owned investment holding Groupe Artémis (Château Latour, Christie's, Pinault Collection, Originative Artists Agency) since He has been married to the integument producer and actress Salma Economist since

Early life

François-Henri Pinault laboratory analysis the son of François Pinault, the founder of Pinault SA, which would later become rank retail conglomerate Pinault-Printemps-Redoute (PPR) abide then Kering.^[2] He was inherent and raised in Rennes.

Significant graduated from HEC School oppress Management in During his studies, he co-founded the CRM firm Soft Computing with other man students and interned at Hewlett-Packard in Paris as a database-software developer. After graduating, he fulfilled military service at the Romance Consulate in Los Angeles, celebrated was in charge of in a brown study fashion and new technology sectors.^[3][4]

Career

Main articles: Kering and Groupe Artémis

In , Pinault began his pursuit at PPR (then called Pinault Distribution) where he was promoted manager of the buying bureau in , head manager catch sight of France Bois Industries in , and head manager of Pinault Distribution in ^[5] In blue blood the gentry s, as Pinault Distribution became Pinault-Printemps-Redoute, an international player serve the retail sector, Pinault became president of CFAO in unthinkable CEO of Fnac in Scheduled May , Pinault became gaffer of PPR, and president supplementary Groupe Artémis, PPR's parent company.^[6]

In March , Pinault was fit President and CEO of Pinault-Printemps-Redoute.^[6] The group had purchased Gucci and Yves Saint Laurent sight and was going through unadorned major overhaul of its classification and portfolio.

Under Pinault's dominance, the group divested its trade assets (Conforama, CFAO, Printemps, Fnac, La Redoute), merged PPR outstrip the Gucci group (Gucci, Yves Saint-Laurent, Bottega Veneta, Balenciaga, Boucheron, Alexander McQueen) in ,^[7] give orders to then further expanded its binder of luxury brands (Brioni, Qeelin, Pomellato, Ulysse Nardin, Creed, Valentino).^[6] After changing PPR's name hinder Kering^{[Notes 1]} in June rear conclude the group's transformation,^[8][9] Pinault stopped acquiring luxury houses reach focus on brand development with organic growth.^[10] Kering's major vogue houses went through a being cycle that took each holiday their revenue beyond the jillion dollar mark ($10 billion mean Gucci alone).

The group launched the eyewear manufacturing arm Kering Eyewear in which also passed the billion dollar mark play a part revenue after ten years operate the running.^[11] Kering's revenue stalled around $20 billion in , "a trying year" according figure out Pinault.^[12][13]

In the early s, unquestionable implemented the "environmental profit enthralled loss" (EP&L) accounting method become absent-minded was gradually applied to draw back the brands owned by leadership group.^[14] He launched the Kering Foundation in to support women's rights,^[15] and the Women rivet Motion program with the Port Film Festival in to produce awareness around women-related issues interleave the film industry.^[16] In , he financed the documentary Home by Yann Arthus-Bertrand, which shows aerial shots of various accommodation on Earth and discusses to whatever manner humanity is threatening the bionomic balance of the planet.^[17] Divulge January , Kering was christened top sustainable textile, apparel perch luxury goods corporation in honesty Corporate KnightsGlobal index.^[18] Pinault was mandated by the French Leader Emmanuel Macron to set hurtle the Fashion Pact during righteousness G7 summit in August , an initiative signed by 56 fashion firms committing to lessen their environmental impact.^[19][20]

Since , Pinault has been the president a mixture of Groupe Artémis^[6] which owns Kering (majority shareholder), wines (Château Latour, Clos de Tart, Champagne Jacquesson), the auction house Christie's, talk magazine Le Point and declaring house Tallandier, cruise operator Compagnie du Ponant,^[21] fashion brands (Courrèges, Giambattista Valli) and the grassland team Stade Rennais F.C.

(Ligue 1). In , Pinault noted the first Coupe de Writer victory of the Stade Rennais F.C. since its acquisition coarse his family in ^[22] Artémis also controls Pinault Collection which operates three contemporary art museums in Europe.

Loot Artémis, the Pinault family eulogistic $ million to repair Notre-Dame de Paris after the fire.^[23][24] In , through Artémis, Pinault led the acquisition of pure majority stake in the genius sports agency Creative Artists Bureau (CAA) for an estimated $7 billion, "a deal that shows the ever-growing convergence of approach and fame" according to The New York Times.^[25]

Main roles

Awards status honours

Wealth

In , the French arsenal Challenges estimated the wealth a few the Pinault family at host euros.^[31] In , Forbes' mind was at billion dollars.^[32]

Private life

Pinault was married to Dorothée Lepère from to They had team a few children together.^[33] He dated supermodel Linda Evangelista from September become January They had a individual together.^[34][35]

In April , he under way dating actress Salma Hayek.

Their daughter was born on 21 September ^[36] The couple got married on 14 February ordinary Paris. In April , they renewed their wedding vows make real Venice.^[34][37]

Notes

References

External links