François Pinault is a French billionaire businessman, founder of the luxury group Kering and the investment company Artémis. In 2022, Francois Pinault's net worth is estimated to be $28 billion dollars.
March 29, 2022
Words by Matthew Taylor
$28 billion
Est. Range $21.7B - $34.3B
In 1992, he created the François Pinault Foundation, a private contemporary art museum housed in the Palazzo Grassi in Venice, and in 2009, the second one at the Palais de Tokyo in Paris.
François Pinault is a French businessman and billionaire. He started his business in the timber industry in the early 1960s. In 1988, his company went public and invested in specialized retail business. By the end of 1999, PPR shifted towards luxury and fashion. In 2003, he passed on the management of his companies to his elder son François-Henri to follow his passion for contemporary art. Pinault is a major contemporary art collector and has created two private contemporary art museums.
How long would it take you to earn as much as Francois Pinault?
While many of us work in business, you’re not going to make your fortune staying at your day job – the average office worker in the US earns about $41,000 a year. If you manage to get to an executive level, you’re getting closer, but you still have a long way to go. If you can reach the top, CEO salaries know no bounds, but you’ll have to pick the right company!
Many of the wealthiest business people on our list are investment bankers or have done well on the share market. A few have inherited a business empire or secured a good chunk of shares in a blue-chip company through a sizeable divorce settlement. Others are lucky enough to be friends with a “generous” head of state (aka Putin) and find that their wealth can grow to unprecedented levels when supported by state-backed enterprises.
Nowadays though, it’s harder to start traditional business empires from scratch. Media moguls have fallen out of favour in recent years and the big names on this list come from tech. Bill Gates has been a stalwart and is now accompanied by Zuckerberg, Bezos, Musk. Innovation is the key to wealth, but only if you can get the cash, confidence and idea to really make it big.
Francois Pinault's net worth of 28 billion can buy...
The Wealthiest Index is a ranking of the world's richest people. In calculating Andre Agassi’s net worth, we strive to provide the most transparent calculations available with detailed analysis of how that Andre Agassi’s fortune was made. Each net worth figure is updated at regular intervals to reflect market movements.
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