Networth: 34 Billion
Country: France
Industry: Fashion & Retail
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 toward luxury goods when he bought a controlling stake in Gucci Group.Today the $20 billion (2021 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 is on display in the 18th-century Bourse de Commerce building in Paris, which he helped restore.
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