Francois -Henri Pinault is a French businessman, Chairman and CEO of Kering since 2005, and Chairman of Groupe Artemis since 2003.
Under his leadership, the retail conglomerate PPR was transformed into the luxury fashion conglomerate Kering.
Pinault is the son of PPR founder François Pinault. He has been married to Salma Hayek since 2009 and they have a daughter.
Early Life Of François-Henri Pinault
François-Henri Pinault was Born on May 28, 1962, in Rennes, France, Pinault is the son of François Pinault, the founder of the Kering Group.
Following in his father’s footsteps, he joined the family business in 1987 and embarked on a remarkable journey that would redefine the landscape of luxury fashion.
He attended the prestigious international business school ‘HEC School of Management’ located in Paris, France.
During his studies, he also did an internship at ‘Hewlett-Packard’ in Paris, working as a database-software developer.
Career Life Of François-Henri Pinault
François-Henri Pinault’s career has been marked by his ascent to the top of the luxury fashion industry and his commitment to sustainability and social responsibility.
From his early days in the family business to his current role as Chairman and CEO of Kering, Pinault has demonstrated exemplary leadership and business acumen.
He began acquiring diverse businesses, including department stores and luxury fashion brands, expanding the company’s portfolio significantly.
In 1999, Pinault made a strategic shift in the company’s focus, transforming PPR into a global luxury and lifestyle group. He acquired a majority stake in the Gucci Group, which includes such iconic brands as Gucci, Yves Saint Laurent, and Bottega Veneta. This move marked the beginning of Pinault’s journey into the world of luxury fashion.
Under Pinault’s leadership, PPR experienced substantial growth and success. He has nurtured strategically acquired brands, fueled their creativity, and preserved their unique identities.
Pinault’s ability to identify and develop talent within the fashion industry played a key role in the brand’s resurgence and profitability.
Pinault has been a leader in promoting sustainability within the luxury fashion sector. They understood that the future viability of the industry depended on addressing environmental concerns and social responsibility.
Pinault launched the Kering Sustainability Program in 2012, outlining a comprehensive roadmap for embedding sustainability in the group’s operations.
François-Henri Pinault ‘s Net Worth and Earning
French magnate Francois-Henri Pinault’s net worth is estimated to be USD 46 billion by 2023 and his monthly income is more than $250 million.
In February 2018, Francois-Henri Pinault had a net worth of $25.5 billion. Thanks to the rise of Kering, Henri’s fortune is now worth $43.1 billion dollars.
Between 2003 and 2014, PPR’s profits grew by 40%. In detail, from 2005 to 2017, the company’s revenue increased from 3 billion euros to 10 billion euros. Furthermore, in 2018, revenue increased to 15.5 billion euros, up 27% from the year before.
Luxury Cars, Private Jets London Houses, And Watches
This lavish home once belonged to Justin Bieber, which the couple rented in 2014.
The large mansion has 17 bedrooms and a five-car garage.
Inside the mansion is a grand staircase, and the living room has a huge window seat with beautiful cushions. Similarly, there is a grand black piano in one room.
The dining room has a fireplace and an area that can serve ten people at a time.
Bel Air Residence
The 9-acre property in LA was bought by Henri for $13.5 million in 2007.
There are nine bedrooms and ten bathrooms in this Cape-Cod-style building. There is also a pristine swimming pool and a garage outside.
Originally built in the 1940s, this green residence is privately located behind a gate. However, the couple moved out of this house in January 2020 to remodel the building.
This is the first estate of Henri-Pinault, a 19th-century house. Details and value of the home have not been disclosed, but the salon interior features a white sofa and ceramic-base lamps.
Hollywood Hills House
The mid-century bungalow originally built in 1962 has four bedrooms and three baths.
For details, it is located in the Outpost Estate section of California and is spread across 2,874 square feet.
In addition, there is a dine-in area for four people inside the kitchen. The interiors give off a rustic feel, with floor-to-ceiling windows of all styles and a stone fireplace.
Plus, the backyard features a lovely outdoor space with a deck and tile-lined swimming pool.
This ranch-style abode was purchased by Hayek several years ago, and since the couple moved into their Bel-Air mansion, this Hollywood Hills house has now been listed on the market for rental purposes since 2013.
The billionaire is not fond of ultra-expensive and flashy wheels. Some of the cars parked in Pinault’s garage are mentioned here.
Lexus LX SUV
The business mogul has been spotted with his Lexus LX SUV. This high-class model starts at a base price of $80,000.
Pinault owns the Ford GT, a truly unique car that is a 2006 model. The cost of the car is $153,075.
Watch connoisseur Henri Pinault has more than 60 luxury watches in his collection. They have high brands like Audemars Piguet and Piaget.
On his 50th birthday, he received a Greubel Forsey GMT worth $500,000 from his father. The watch has an 18K gold dial. In addition, its white-gold case is studded with sapphire crystals.
Henri has been flying his private jet with his wife and children on several occasions. However, the pricing and details of the jet have not been revealed.
Investments, Endorsements, and Publications
In 2018, Pinault was honored by Harvard Business Review as the Best Performing CEO in the World.
Well, the coolest CEO has many of the world’s top investments, including Kering, which has 15 luxury brands under its roof such as Christopher Kane, Gucci, Balenciaga, Yves Saint Laurent, Bottega, Alexander McQueen, and many more.
Channeling through Kering, Pinault also owns one of the top vineyards in the world. Chateau Latour is one of the oldest and most expensive French Bordeaux, and some of this beauty can cost around $1 million.
Reportedly, the billionaire owns four other wine properties across several estates.
François-Henri Pinault’s career trajectory exemplifies his exceptional business acumen, strategic vision, and commitment to making a positive impact.
As he continues to guide Kering towards a more sustainable and inclusive future, François-Henri Pinault serves as an inspiration and role model for aspiring leaders in the fashion industry and beyond.
His career is a testament to the power of visionary leadership and the potential for business to drive positive change in the world.
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