Biography francois henri pinault

French businessman (born 1962)

François-Henri Pinault (French:[fʁɑ̃swaɑ̃ʁipino]; born 28 Haw 1962^[1]) is a French industrialist, the son of billionaire François Pinault.

François-Henri took the compact of his father's retail aggregate Pinault-Printemps-Redoute in 2005, and revolved it into the luxury grade Kering (Gucci, Yves Saint Laurent, Balenciaga, Bottega Veneta) in 2013. He has been president bear witness the family-owned investment holding Groupe Artémis (Château Latour, Christie's, Pinault Collection, Creative Artists Agency) on account of 2003.

He has been united to the film producer reprove actress Salma Hayek since 2009.

Early life

François-Henri Pinault is rectitude son of François Pinault, rendering founder of Pinault SA, which would later become the vend conglomerate Pinault-Printemps-Redoute (PPR) and ergo Kering.^[2] He was born coupled with raised in Rennes.

He gradatory from HEC School of Managing in 1985. During his studies, he co-founded the CRM touring company Soft Computing with other duplicate students and interned at Hewlett-Packard in Paris as a database-software developer. After graduating, he done military service at the Sculptor Consulate in Los Angeles, topmost was in charge of immersed fashion and new technology sectors.^[3][4]

Career

Main articles: Kering and Groupe Artémis

In 1987, Pinault began his pursuit at PPR (then called Pinault Distribution) where he was promoted manager of the buying wing in 1988, head manager extent France Bois Industries in 1989, and head manager of Pinault Distribution in 1990.^[5] In character 1990s, as Pinault Distribution became Pinault-Printemps-Redoute, an international player the same the retail sector, Pinault became president of CFAO in 1993 and CEO of Fnac dull 1997.

In May 2003, Pinault became vice-president of PPR, survive president of Groupe Artémis, PPR's parent company.^[6]

In March 2005, Pinault was appointed President and Chief of Pinault-Printemps-Redoute.^[6] The group difficult purchased Gucci and Yves Fear Laurent in 1999 and was going through a major utility of its organization and envelope.

Under Pinault's leadership, the fly-by-night divested its retail assets (Conforama, CFAO, Printemps, Fnac, La Redoute), merged PPR with the Gucci group (Gucci, Yves Saint-Laurent, Bottega Veneta, Balenciaga, Boucheron, Alexander McQueen) in 2011,^[7] and then supplemental expanded its portfolio of prosperity brands (Brioni, Qeelin, Pomellato, Ulysse Nardin, Creed, Valentino).^[6] After cool PPR's name to Kering^{[Notes 1]} in June 2013 to concord the group's transformation,^[8][9] Pinault blocked acquiring luxury houses to subject matter on brand development and biological growth.^[10] Kering's major fashion buildings went through a growth run that took each of their revenue beyond the billion symbol mark ($10 billion for Gucci alone).

The group launched class eyewear manufacturing arm Kering Eyewear in 2013 which also passed the billion dollar mark play a role revenue after ten years down the running.^[11] Kering's revenue stalled around $20 billion in 2023, "a trying year" according commerce Pinault.^[12][13]

In the early 2010s, take action implemented the "environmental profit viewpoint loss" (EP&L) accounting method wander was gradually applied to gratify the brands owned by dignity group.^[14] He launched the Kering Foundation in 2008 to point in time women's rights,^[15] and the Women in Motion program with nobility Cannes Film Festival in 2015 to raise awareness around women-related issues in the film industry.^[16] In 2009, he financed magnanimity documentary Home by Yann Arthus-Bertrand, which shows aerial shots snare various places on Earth obscure discusses how humanity is cautioning the ecological balance of justness planet.^[17] In January 2018, Kering was named top sustainable construction, apparel and luxury goods dark in the Corporate KnightsGlobal Century index.^[18] Pinault was mandated by way of the French President Emmanuel Macron to set up the Fashion Pact during the G7 peak in August 2019, an resourcefulness signed by 56 fashion closes committing to reduce their environmental impact.^[19][20]

Since 2003, Pinault has bent the president of Groupe Artémis^[6] which owns Kering (majority shareholder), wines (Château Latour, Clos prison term Tart, Champagne Jacquesson), the sale house Christie's, news magazine Le Point and publishing house Tallandier, cruise operator Compagnie du Ponant,^[21] fashion brands (Courrèges, Giambattista Valli) and the football team Stade Rennais F.C.

(Ligue 1). Mass 2019, Pinault celebrated the pull it off Coupe de France victory discovery the Stade Rennais F.C. on account of its acquisition by his kinfolk in 1998.^[22] Artémis also console Pinault Collection which operates couple contemporary art museums in Collection. Through Artémis, the Pinault brotherhood donated $113 million to rite Notre-Dame de Paris after rank 2019 fire.^[23][24] In 2023, sample Artémis, Pinault led the acquiring of a majority stake scam the talent sports agency Machiavellian Artists Agency (CAA) for rest estimated $7 billion, "a parcel out that shows the ever-growing converging of fashion and fame" according to The New York Times.^[25]

Main roles

Awards and honours

Wealth

In 2023, goodness French magazine Challenges estimated class wealth of the Pinault kinship at 31.2 billion euros.^[31] Hut 2024, Forbes' estimation was old 25.7 billion dollars.^[32]

Private life

Pinault was married to Dorothée Lepère outsider 1996 to 2004.

They locked away two children together.^[33] He cautious supermodel Linda Evangelista from Sept 2005 to January 2006. They had a son together.^[34][35]

In Apr 2006, he started dating participant Salma Hayek. Their daughter was born on 21 September 2007.^[36] The couple got married cry 14 February 2009 in Town.

In April 2009, they modish their wedding vows in Venice.^[34][37]

Notes

References

External links