Keith Rupert Murdoch AC KCSG, an American billionaire, media magnate, and investor, was born in Australia on March 11, 1931. He is the owner of hundreds of local, national, and international publishing companies through his company News Corp, including the book publisher HarperCollins, the television networks Sky News Australia and Fox News, as well as publications in the US in The Wall Street Journal and the New York Post, Australia in The Daily Telegraph, Herald Sun, and The Australian, the UK in The Sun and The Times. He also held ownership positions in 21st Century Fox (until 2019), Sky (until 2018), and the now-defunct News of the World.

Rupert Murdoch Bio/Wiki

Birth Name	Keith Rupert Murdoch
Nick Name	Rupert Murdoch
Age	92 years (As of 2023)
Religion	Catholic
Sun Sign/Zodiac Sign	Pisces
Birth Place	Melbourne, Victoria, Australia
Date of Birth	11 March 1931
Nationality	Australia and America
Hobbies	Playing Golf
Family
Mother's Name
Father's Name
Brother	Lachlan
Sister	Janet Calvert-Jones, Anne Kantor and, Helen Handbury
Girlfriends/Affairs
Affairs/Girlfriends	Patricia Booker, Anna Torv, Wendi Deng
Marital Status, Wife and Children
Wife/Spouse
Marital Status	Married
Children	Prudence, Elisabeth Murdoch, Lachlan Murdoch, James Murdoch, Grace and Chloe
Education
School	Geelong Grammar School,
College/University	Worcester College, Oxford
Profession	Media Mogul
Height, Weight, and Figure Measurements
Height (Approx.)	178 cm
Weight (Approx.)	70
Extra Ordinary Features
Race / Ethnicity	English, Irish and Scottish
Hair Color	White
Eye Color	Black
S*xual Orientation	Straight
Favourite Things
Favourite Food	Pizza
Favourite Book	NA
Favourite Colors	Red
Favourite Sport	Golf
Controversies	None

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Early Life

Murdoch was born on March 11, 1931, in Melbourne, Victoria, Australia. He was the son of Dame Elisabeth Murdoch (née Greene; 1909–2012) and Sir Keith Murdoch (1885–1952). He has Scottish, English, and Irish ancestry. Murdoch’s grandfather was a Presbyterian pastor, and both of his parents were born in Melbourne. Keith Murdoch, a former war correspondent who subsequently became the chairman of the influential Herald and Weekly Times publishing group, owned two newspapers in Adelaide, South Australia, a radio station in a far-off mining town, and was a regional newspaper tycoon. Keith Rupert decided to use his maternal grandfather’s first name as his second name later in life. Janet Calvert-Jones, Anne Kantor, and Helen Handbury (1929–2004) were the three sisters of Rupert Murdoch. Murdoch took over the management of The News, his father’s modest Adelaide newspaper after his father passed away in 1952. Murdoch bought a number of publications in Australia and New Zealand in the 1950s and 1960s before moving into the United Kingdom in 1969 and acquiring The Sun and News of the World. Murdoch relocated to New York City in 1974 in order to enter the US market. Although he kept his holdings in Australia and Britain. Murdoch purchased The Times, his first British newspaper, in 1981. To fulfil the legal criteria for US television network ownership, he gave up his Australian citizenship in 1985 and naturalised as a US citizen. Murdoch centralised his UK printing operations in London in 1986 because he was eager to implement more modern electronic publishing technologies, which led to acrimonious labour battles. His holding firm News Corporation purchased The Wall Street Journal, HarperCollins, and Twentieth Century Fox in 1985. (2007). In 1990, Murdoch founded the British broadcaster BSkyB. During the 1990s, he also made inroads into South American and Asian television networks. Murdoch’s News Corporation had a net worth of over $5 billion and owned over 800 businesses in more than 50 nations by the year 2000.

Rupert Murdoch Personal Life

Marriages

Murdoch wed Patricia Booker, a Melbourne native who had previously worked as a shop assistant and a flight attendant, in 1956. Prudence was the couple’s lone child, born in 1958. They split up in 1967. Murdoch wed Anna Torv, a cadet reporter of Scottish descent who worked for his Sydney publication The Daily Mirror, in 1967. Three months before he announced his split from Roman Catholic Anna, in January 1998, Murdoch received the papal distinction of Knight Commander of the Order of Saint Gregory the Great (KSG) from Pope John Paul II. Murdoch would frequently go to Mass with Torv, but he was never catholic. Elisabeth Murdoch was born on August 22, 1968, in Sydney, Australia; Lachlan Murdoch was born on September 8, 1971, in London; and James Murdoch was born on December 13, 1972, in London. Family Business (1988) and Coming to Terms (both published by Murdoch’s enterprises) are two of his then-novels. wife’s (1991). In June 1999, they separated. A $1.2 billion asset settlement was given to Anna Murdoch. Murdoch, who was 68 years old at the time, wed Wendi Deng on June 25, 1999, 17 days after divorcing his second spouse. She was 30 years old, a recent graduate of the Yale School of Management, and a recently appointed vice president of STAR TV. Grace (born in 2001) and Chloe were two of Murdoch’s daughters with her (born in 2003). In total, Murdoch is the father of six children and the grandfather of thirteen grandkids. Hearsay about a potential connection to Chinese intelligence caused difficulties for his marriage to Wendi near the conclusion of it. A News Corporation representative confirmed on June 13, 2013, that Murdoch had divorced Deng in New York City, USA. The marriage, according to the representative, had been irreparably damaged for more than six months. Murdoch also broke off his connection with Tony Blair, whom he had known for a long time, after learning that Blair had a relationship with Deng while the two were still married. Murdoch announced his engagement to former model Jerry Hall in a notice published in The Times on January 11, 2016. A week before turning 85, Murdoch wed 59-year-old Hall in London’s St Bride’s, Fleet Street, followed by a reception at Spencer House. This was Murdoch’s fourth marriage. According to two unnamed sources, The New York Times reported in June 2022 that Murdoch and Hall were getting a divorce. On July 1, 2022, Hall filed for divorce, alleging irreconcilable differences.

Children

Murdoch has six kids in total. Prudence MacLeod, his eldest child, was named to the board of Times Newspapers Ltd, a division of News International that is responsible for publishing The Times and The Sunday Times, on January 28, 2011. Before leaving his managerial positions at the multinational media firm at the end of July 2005, Murdoch’s elder son Lachlan, who was formerly the Deputy Chief Operating Officer at News Corporation and publisher of the New York Post, was seen as the corporation’s heir apparent. The only Murdoch son still actively involved in the business’ operations after Lachlan’s departure was James Murdoch, Chief Executive of satellite television provider British Sky Broadcasting since November 2003, even though Lachlan has consented to stay on the board of News Corporation Grace (born in New York in November 2001) and Chloe are two of Murdoch’s children with Wendi Deng (b. New York, July 2003). In September 2011, it was made public that Tony Blair is Grace’s godfather. Murdoch and his eldest children are said to be at odds over the rules of a trust that holds the family’s 28.5 per cent interest in News Corporation, which was valued at nearly $6.1 billion in 2005. According to the trust, his offspring by Wendi Deng receive a portion of the stock’s revenues but is not given voting rights or ownership of the shares. Murdoch and the offspring of his first two marriages each have one-half of the voting rights in the company. The stock will subsequently be solely controlled by Murdoch’s offspring from the past marriages, though their half-siblings will continue to receive their part of the profits from it. Murdoch’s voting rights are not transferable, however, they will expire at his death. Murdoch has claimed that he wants to grant his children via Deng a degree of authority over the stock that is proportionate to their financial stake in it (which would mean, if Murdoch dies while at least one of the children is a minor, that Deng would exercise that control). He doesn’t seem to have any compelling legal justifications to challenge the current arrangement, and both his ex-wife Anna and their three children are rumoured to be fiercely opposed to any such change.

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Professional Career

When he was 21 years old and his father passed away, Murdoch returned from Oxford to run what was left of the family business. What was left after his father’s Herald interest was liquidated to pay taxes was News Limited, a company that had been founded in 1923. The News, a newspaper based in Adelaide, became a huge success thanks to Rupert Murdoch. He started focusing on acquisition and growth, purchasing the troubled Sunday Times in Perth, Western Australia, in 1956. Over the following few years, he also bought suburban and regional newspapers in New South Wales, Queensland, Victoria, and the Northern Territory, including the Sydney afternoon tabloid The Daily Mirror (1960). Murdoch is credited by The Economist with “creating the contemporary tabloid” because he established a pattern for his newspapers by emphasising scandal and sports coverage and using catchy headlines.

Activities in Australia

Murdoch’s purchase of a majority stake in the New Zealand newspaper The Dominion was his first venture outside of Australia. After sailing across the Tasman in January 1964, Murdoch and several companions were travelling to New Zealand when they came across a takeover offer for the Wellington paper from Lord Thomson of Fleet, a Canadian newspaper tycoon with a British base. He made a counterbid on the spur of the moment. Thereafter, four parties engaged in a power struggle, with 32-year-old Murdoch coming out on top. The Australian, Australia’s first national daily newspaper, was published by Murdoch later in 1964. It was initially situated in Canberra and eventually moved to Sydney. Sir Frank Packer, a prominent Australian media tycoon, sold Murdoch the Sydney morning daily The Daily Telegraph in 1972; Packer later regretted doing so. Murdoch received the Companion of the Order of Australia (AC) in 1984 for his contributions to publishing. Sir John McEwen, leader of the Australian Country Party (now known as the National Party of Australia), who was in power in coalition with the bigger Menzies-Holt-Gorton Liberal Party, was a political ally that Murdoch found. Beginning with the inaugural edition of The Australian, Murdoch started siding with McEwen on any subject that caused friction between the long-standing coalition allies. First edition of The Australian, July 15, 1964, top page: “Strain in Cabinet, Liberal-CP Row Flares.” It was a problem that posed a threat to the coalition government, allowing the more powerful Australian Labour Party to take control of Australian politics. It was the start of a protracted campaign that worked well for McEwen.Murdoch is a supporter of an Australian Republic, having campaigned for such a change during the 1999 referendum.

Activities in the UK

Murdoch first entered the British newspaper business in 1968 when he bought the populist News of the World. He then bought the failing daily The Sun from IPC the following year. Murdoch used the same printing process for both newspapers, giving The Sun a tabloid-style while cutting expenses. He named Albert “Larry” Lamb as editor after purchasing it, telling him, as Lamb later claimed, that he wanted a tearaway tabloid with lots of tits. The Sun had 10 million daily readers in 1997. Murdoch bought the struggling Times and Sunday Times in 1981 from Lord Thomson of Fleet, the owner of a Canadian newspaper. Through his friendship with Lord Thomson, who had grown weary of losing money on The Times as a result of a protracted spell of industrial action that prevented publishing, he acquired ownership of the newspaper. The owners thought Murdoch could turn around the journals in light of his success and growth at The Sun. Harold Evans, editor of the Sunday Times starting in 1967, was transferred to the daily Times, but he only remained there for one year due to editorial disagreements with Murdoch. François-Henri also provided funding for the 2015 French documentary “Ice and the Sky.” The movie, which was directed by Luc Jacquet, tells the story of scientist Claude Lorius’ investigation of Antarctic ice and his worry about global warming. The ADL (Anti-Defamation League) presented François-Henri with the “International Leadership Award” in 2015 in recognition of his work to promote business responsibility, women’s rights, and awareness of minority discrimination. In 2016, his name was added to the “Vanity Fair Hall of Fame.” François-Henri Pinault declared his intention to outperform “Louis Vuitton” over time in 2018. He said that year that Kering was leaving the sports and lifestyle market to concentrate only on the luxury market. Many on the British political left claimed that Murdoch and Margaret Thatcher’s Conservative administration had colluded in the Wapping scandal in order to harm the country’s trade union movement. The fired workers agreed to a £60 million settlement in 1987. Because of concerns about market dominance that would lead to media control, the CMA prevented Murdoch from acquiring the remaining 61 per cent of BSkyB in January 2018.  The CMA later authorised his bid for BSkyB as long as he sold Sky News to The Walt Disney Company, which was already planning to acquire 21st Century Fox. Disney was already planning to buy Fox. But in a blind auction that the CMA mandated, Comcast emerged victorious and now owns BSkyB. Murdoch ultimately sold Comcast his 39 per cent ownership of BSkyB. The Bahamas, Cayman Islands, Channel Islands, and the Virgin Islands all have subsidiaries of News Corporation. Since 1986, News Corporation has paid an average of 7% of its profits in taxes each year. Activities in the United States In 1973, Murdoch made his first purchase in the US when he bought the San Antonio Express-News. Murdoch relocated to New York City in 1974 in order to enter the US market, although he kept his holdings in Australia and Britain. He established the supermarket tabloid Star soon after, and in 1976, he bought the New York Post. To comply with the legal requirement that only US nationals were allowed to control US television stations, Murdoch naturalised on September 4, 1985. Due to Rich’s business dealings with Iran, which were at the time subject to US sanctions, Marvin Davis sold Marc Rich’s stake in 20th Century Fox to Rupert Murdoch for $250 million in March 1984. A second agreement between Davis and Murdoch to buy John Kluge’s Metromedia television stations was cancelled. Rupert Murdoch bought the stations by himself, without Marvin Davis, and eventually bought out Davis’s remaining part in Fox for $325 million. The Fox Broadcasting Company, which was established on October 9, 1986, was built around the six television stations Metromedia owned. This company eventually saw enormous success with shows including The Simpsons and The X-Files. In 1993, Murdoch’s Fox Network acquired CBS’ exclusive rights to cover the National Football League (NFL) and expanded its programming to run seven days a week. Fox came under the Federal Communications Commission’s (FCC) investigation in 1995 as it was claimed that Murdoch’s ownership of Fox was illegal due to News Ltd.’s Australian headquarters. The FCC decided in Murdoch’s favour, saying that having control of Fox was in the public’s best interests. The Weekly Standard, a significant news website and magazine, was going to be developed thanks to a partnership Murdoch had with MCI Communications that year. The Foxtel pay television network was introduced in Australia that same year by News Corporation in collaboration with Telstra. Murdoch made the decision to launch the Fox News Channel, a 24-hour cable news programme, in 1996 as an entry into the cable-news industry. According to rating reports published in 2009, the network produced nine of the top 10 cable news shows at the time. Ted Turner, the creator and previous owner of CNN, and Rupert Murdoch have a history of conflict. In late 2003, Murdoch paid General Motors $6 billion for a 34 per cent ownership in Hughes Electronics, the company that runs DirecTV, the largest satellite TV service in the United States (USD). [34] Titanic and Avatar, produced by his Fox film studio, were worldwide hits. Murdoch supported Donald Trump when he served as US President by having news items from his media empire, particularly Fox News, aired. The de facto ruler of Saudi Arabia and crown prince Mohammad bin Salman enjoyed a private dinner at Rupert Murdoch’s Bel Air residence in Los Angeles at the beginning of 2018. Murdoch has a long history of backing Israel’s domestic policies. Murdoch received the International Leadership Award from the Anti-Defamation League in New York City in October 2010 “for his steadfast support of Israel and his commitment to encouraging respect and speaking out against anti-Semitic.” The ADL’s director Jonathan Greenblatt informed Lachlan Murdoch in a letter dated April 2021 that the organisation would no longer present his father with such an honour. This was in direct relation to the ADL’s claims against Fox News host Tucker Carlson for allegedly endorsing the White replacement thesis.

Activities in Europe

Sky Italia, an Italian provider of satellite television, is controlled by Murdoch. Murdoch’s commercial ventures in Italy have long been the subject of controversy. Silvio Berlusconi and Rupert Murdoch engaged in a media battle in 2010 and Murdoch ultimately prevailed. A judge determined that News Corporation’s Italian division, Sky Italia, was prohibited from purchasing commercials on its television networks by the then-Prime Minister’s media company, Mediaset.

Activities in Asia

For around US$105 million in November 1986, News Corporation acquired a 35 per cent stake in the South China Morning Post group. At the time, HSBC, Hutchison Whampoa, and Dow Jones & Company owned SCMP group, a stock-listed business. For US$57.2 million, Dow Jones & Company made a December 1986 offer to sell 19% of the SCMP shares that News Corporation already owned. By the end of the year, News Corporation had completed the whole transaction. Robert Kuok’s Kerry Media and News Corporation reached an agreement in September 1993 to sell News Corporation a 34.9 percent stake in SCMP for US$349 million. The Hong Kong newspaper was disposed of in 1994 when News Corporation sold MUI Group its remaining 15.1% stake in SCMP. The ADL’s director Jonathan Greenblatt informed Lachlan Murdoch in a letter dated April 2021 that the organisation would no longer present his father with such an honour. This was in direct relation to the ADL’s claims against Fox News host Tucker Carlson for allegedly endorsing the White replacement thesis. In 1993, News Corporation paid Hutchison Whampoa $1 billion to acquire Star TV, a Hong Kong business run by Richard Li. News Corporation then opened offices for Star TV across Asia. News International was able to broadcast from Hong Kong to India, China, and more than thirty other Asian nations thanks to the agreement, making it one of the largest satellite television networks in the east. However, the agreement did not go as Murdoch had hoped because the Chinese government imposed restrictions that prevented it from reaching the majority of China. When News Corporation reformed Star in 2009, some of the arrangements included the separation of Star India and the integration of the original company’s businesses in East Asia, Southeast Asia, and the Middle East into Fox International Channels.

Rupert Murdoch Education

He went to Geelong Grammar School, where he served as editor of the student publication If Revived and co-editor of the institution’s official journal, The Corian. The cricket team from his school he led to the National Junior Finals. His father prepared him to take over the family business while he was a part-time employee at the Melbourne Herald. At Worcester College in Oxford, England, where he studied philosophy, politics, and economics, Murdoch developed the moniker “Red Rupert” and kept a bust of Lenin in his chamber. He ran Oxford Student Publications Limited, Cherwell’s publishing firm, served as secretary of the Labour Club, and he was a member of the Oxford University Labour Party.

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Rupert Murdoch Net Worth

Australian media tycoon Rupert Murdoch made his wealth by founding News Corp. Rupert Murdoch is $21.7 billion in wealth. Murdoch, who is Australian, owns some of the most prestigious publishing houses in the world, making him a very powerful person in both the US and the rest of the world. These include HarperCollins, Sky News Australia, The Wall Street Journal, The Daily Telegraph, Fox News, The Times, and numerous others.

Estimated Net Worth in 2023 (Approx)	$21.7 Billion
Estimated Net Worth in 2022 (Approx)	$20 biilion
Estimated Net Worth in 2021 (Approx)	$20 biilion
Estimated Net Worth in 2020 (Approx)	$19 biilion
Annual Salary	<$1 biilion
Assets
Houses
Cars
Jets

Rupert Murdoch Achievements

With a net worth of $13.7  billion as of February 2017, Murdoch ranked 96th on Forbes’ real-time list of the world’s billionaires and was the 34th wealthiest person in the US. According to Forbes, “Rupert Murdoch & Family” was listed as the 35th most powerful person in the world in 2016. Rupert Murdoch and his family were later rated 52nd on Forbes’ annual list of the world’s wealthiest in 2019. Terry Flew, a professor of media and communications at the Queensland University of Technology, looked into the assertion made by the former Australian prime minister Kevin Rudd that Murdoch owned 70 per cent of Australian newspapers in 2011. The essay was published in The Conversation in August 2013. According to the Finkelstein Review of Media and Media Regulation, which was cited in Flew’s article, News Corp Australia owned 23% of the country’s newspapers in 2011; however, at the time of publication, the company’s publications represented 59% of the sales of all daily newspapers, with weekly sales of 17.3 million copies. Newsweek International’s editor, Tunku Varadarajan, referred to Murdoch as “the man whose name is synonymous with unethical newspapers” in relation to his testimony to the Leveson Inquiry “into the ethics of the British press”. During the 2013 federal election, News Corp publications were charged with swaying public opinion and aiding the Australian Liberal government’s campaign. Murdoch tweeted after hearing that the Liberal Party had won the election “The Australian electorate is tired of welfare fraudsters and public sector workers sapping the vitality out of the economy. Later, other countries will follow.” According to Tony Abbott, a former Australian prime minister, Murdoch “perhaps has had more impact on the wider globe than any other living Australian,” in November 2015. Theranos, the blood-testing start-up founded by Elizabeth Holmes, came under scrutiny in late 2015 when Wall Street Journal reporter John Carreyrou started a series of investigative articles challenging the company’s assertion that it could perform a variety of lab tests using just a small amount of blood drawn from a finger prick. To put an end to the article, Holmes resorted to Murdoch, whose media company owns The Wall Street Journal, where Carreyrou works. As a result of his $125 million injections, Murdoch, who became the largest investor in Theranos in 2015, declined Holmes’ request, stating that “he trusted the paper’s editors to handle the situation fairly.”

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FAQs

How much is the net worth of Rupert Murdoch? $21.7 billion Who is Rupert Murdoch’s wife? Jerry Hall What is Rupert Murdoch’s age? 92 What is the name of Rupert Murdoch’s firm? HarperCollins

Akash Ambani is a well-known Indian businessman. He is the elder son of Reliance Industries Ltd’s Chairman Mukesh Ambani. Akash attends the signing of some important Reliance Industries deals. His participation in such deals is his father’s attempt to make him ready for involvement in the business. Akash is also the chief of the strategy of Jio, a 4G service provider.

Akash Ambani was born in a Business family on 23 October 1991 in Mumbai, India. He is the elder son of Mukesh Ambani and Nita Ambani (Founder of Reliance Foundation). He also has a brother Anant Ambani and a twin sister Isha Ambani. His twin is co-director at Reliance Jio. He has a younger brother named Anant Ambani.

In May 2018, he got engaged to his school friend Shloka Mehta. Shloka is the daughter of India’s richest diamantaire, Russell Mehta. On 9 March 2019, He got married to Shloka Mehta.

Akash Ambani Wiki/Bio

Life Journey

Akash Ambani did his schooling from Dhirubhai Ambani International School, Mumbai. He later went to Brown University, Rhode Island, United States, and did his Graduation in Economics.

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It is a fact that Akash has no idea about his family wealth and riches until one day in school in the 11th standard while he was writing an essay on Reliance for a business and management course.

Akash Ambani Net Worth

He is touted as India’s richest son as his father, Mukesh Ambani holds the title for India’s richest person with an estimated net worth of $104 billion, as in 2022. In 2020, Forbes listed his father #21 in the world billionaires list and #1 in India’s.

Akash Ambani lives in a 27 story house ‘Antilia’ that worth more than $1 billion. Antilia is also considered to be the first house to exceed a net worth of $1 billion. In his house, it has a garage for 168 cars, a cinema, a helipad on the rooftop, an independent health club for each family member, and a staff of 600 people.

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Akash Ambani is an avid Cricketer and remains closely involved with the Mukesh and Nita Ambani-owned IPL franchise- Mumbai Indians. In January 2008, The Board of Control for Cricket in India (BCCI) sold the franchise of the Mumbai Indians to India’s biggest conglomerate, Reliance Industries for $111.9 million, making_ it the most expensive team in the IPL.

Career

When he came back from Brown University with a degree in Economics, he interned with his father at their family business and he currently works as Chief of strategy in Reliance Jio Infocomm.

He started working just after a few days of his graduation. It was a small start-up team, which later gave birth to Jio.

Akash Ambani is very smart in business within 3 to 4 years he captures a big part in the telecom industry. All other players are complaining to the government because Jio provides 1.5 years of service totally free.

Facts About Akash Ambani

• Does Akash Ambani drink alcohol?: Not Known
• Does He smoke?: Not Known
• He was born to India’s richest family- Ambani Family in Mumbai.
• He fell for the Arsenal Football Club during the 2005 FA Cup Final between Arsenal and Manchester United at the Millennium Stadium in Cardiff, where Arsenal’s captain Patrick Vieira scored the final penalty in the shootout.
• In 2014, he was inducted to the boards of directors of Reliance Retail and Jio. Akash Ambani Jio
• According to Akash, his first exposure to work was given by his mother with the Mumbai Indians.
• He is an avid Cricketer and remains closely involved with the family-owned IPL franchise- Mumbai Indians.
• Like his younger brother Anant Ambani, Akash has also gone through obesity. However, after following a strict fitness regime, he has overcome that.
• In December 2015, he led the launch of Jio’s 4G services in India along with his sister Isha Ambani.
• Akash loves collecting sports souvenirs and owns a couple of rare Arsenal jerseys and Sunil Gavaskar’s bat from the 1983 World Cup Final.

FAQs

François-Henri Pinault is the CEO of the high-end clothing company Kering, which he inherited from his family. His father, François Pinault, founded the business in 1963 under the name Pinault SA. The Bloomberg Billionaires Index ranks the older François as the 26th richest person in the world.

According to the Business and Human Rights Resource Centre, Pinault SA later changed its name to Pinault-Printemps-Redoute, which was then abbreviated to PPR before becoming Kering. The business, which, according to Forbes, first focused on wood and building supplies, transitioned towards high-end clothing during the 1990s. Alexander McQueen, Gucci, Balenciaga, and Saint Laurent are just a few of the well-known fashion labels that call it home today.

François-Henri Pinault Bio/Wiki

Birth Name	Pinault François-Henri
Nick Name	François-Henri Pinault
Age	61 years (as in 2023)
Religion	Christian
Sun Sign/Zodiac Sign	Gemini
Birth Place	Rennes, France
Date of Birth	28 May 1962
Nationality	French
Hobbies	Modelling Shows
Family
Mother's Name
Father's Name
Brother	François
Sister
Girlfriends/Affairs
Affairs/Girlfriends
Marital Status, Wife and Children
Wife/Spouse
Children	Augustin James, Evangelista
Education
School	HEC School of Management,t Hewlett-Packard
College/University	NA
Profession	Owner of Artemis
Height, Weight, and Figure Measurements
Height (Approx.)	175 cm
Weight (Approx.)	78 kgs
Extra Ordinary Features
Race / Ethnicity	English
Hair Color	White
Eye Color	Brown
S*xual Orientation	Straight
Favourite Things
Favourite Food	Italian Cuisine
Favourite Book	NA
Favourite Colors	Black
Favourite Sport	Tennis
Controversies	None

François-Henri Pinault Family

The founder of Pinault SA, François Pinault, who founded Pinault-Printemps-Redoute, PPR, and eventually Kering, is the father of François-Henri Pinault. From 1996 to 2004, Pinault was wed to Dorothée Lepère. Together, they had two children: François born in 1998 and Mathilde born in 2001. 

From September 2005 to January 2006, he was romantically linked to supermodel Linda Evangelista. Together, they gave birth to Augustin James Evangelista born in October 2006. He started dating Salma Hayek in April 2006. Valentina, their daughter, was born on September 21, 2007.

On February 14, 2009, the pair wed in Paris. They rededicated their vows in Venice in April 2009. The actress, who has a 13-year-old daughter named Valentina with Pinault, didn’t mince words when she dismissed the rumours on Dax Shepard’s Armchair Expert podcast. “You cannot begin to imagine the magic in him from a picture.

He has helped me grow in such a positive, healthy way and become a much better person. Everyone said it was an arranged marriage when I wed him. She claimed that she married him for his wealth. “Yeah, anything, b***h, I say. Consider what you desire. 15 years spent together. We are strong in our affection, and I hardly ever take offence.

François-Henri Pinault Education

In 1985, Pinault earned a degree in management from HEC. He and other students co-founded the CRM business Soft Computing during his studies, and he completed an internship as a database-software developer at Hewlett-Packard in Paris.

He served his military obligation in the French Consulate in Los Angeles after receiving his degree, where he was in charge of researching the fashion and new technology industries.

François-Henri Pinault Early life

Pinault started working for PPR in 1987, and in 1988, 1988, 1989, and 1990, he received promotions to the manager of the buying department, head manager of France Bois Industries, and manager of Pinault Distribution. In the 1990s, Pinault Distribution changed its name to PPR to become a global participant in the retail industry.

In 1993, Pinault was named president of CFAO, and in 1997, he was named CEO of Fnac. Pinault was appointed vice-president of PPR and president of PPR’s parent company, Groupe Artémis, in May 2003. Pinault took over as PPR’s president and chief executive officer in March 2005 and started the company’s transformation into a global organisation with a premium fashion focus.

He sold PPR’s top retail assets, including Conforama, CFAO, Printemps, Fnac, and La Redoute, and merged PPR with the Gucci group, which had been a subsidiary of PPR since 1999.

This placed him in charge of Gucci’s luxury portfolio, which includes Gucci, Yves Saint-Laurent, Bottega Veneta, Balenciaga, Boucheron, Alexander McQueen, and Stella McCartney In June 2013, he changed PPR’s name to Kering and increased the group’s portfolio of luxury brands Girard-Perregaux, Brioni, Qeelin, Pomellato, Christopher Kane, Tomas Maier, Ulysse Nardin. His Breton ancestry is represented by the new name, “Ker,” which sounds like “caring” and in the local dialect means “home.”

Pinault made a significant commitment to sustainable development for his company. He adopted the “environmental profit and loss” (EP&L) accounting technique in the early 2010s in accordance with the UN’s Sustainable Development Goals, which was gradually applied to all of the group’s brands.

In 2008, he established the Kering Foundation to promote women’s rights. In 2015, he collaborated with the Cannes Film Festival to create the Women in Motion programme, which aims to increase public awareness of issues affecting women in the film industry. He provided funding for Yann Arthus-2009 Bertrand’s film Home, “Home,” which features aerial footage of several locations on Earth and a discussion on how humanity is endangering the planet’s ecological equilibrium.

In the Corporate Knights Global 100 index, Kering was recognised in January 2018 as the most sustainable textile, clothing, and luxury goods corporation. The Fashion Pact, a commitment made by 56 fashion companies to take specific steps to lessen their environmental effect, was established by Pinault at the direction of French President Emmanuel Macron during the G7 conference in August 2019.

Groupe Artemis

The parent business of Kering and owner of the vineyard Château Latour, the auction house Christie’s, and the soccer team Stade Rennais F.C., Groupe Artémis, which Pinault has led since 2003, also made a 2015 investment in the cruise ship operator Compagnie du Ponant. Additionally, Artémis oversees the Pinault Collection.

The Bourse de Commerce building in Paris will be renovated as part of the Pinault Collection-branded modern art museum project, which was first announced in 2016. Pinault established the $100 million investment fund Red River West in 2017 to support Artémis’ initiatives in the technology industry. Since the Pinault family bought the Stade Rennais F.C. in 1998, he celebrated the club’s first Cup de France title in 2019.

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Professional Career

He began working for Pinault Distribution, currently known as Pinault-Printemps-Redoute (PPR), in 1987. His father, François Pinault, established “PPR” in 1963. François-Henri was appointed manager of the company’s purchasing division in 1988, and in 1990 he was promoted to head manager.

In the meantime, he worked as the head manager for “France Bois Industries” in 1989. François-Henri was appointed president of the multinational industrial products distribution business “Compagnie Française de l’Afrique Occidentale” (CFAO) in 1993, while “PPR” developed into a major participant in the retail sector in the 1990s.

He was appointed CEO of the French retail chain firm Fnac in 1997. He was instrumental in PPR’s decision to sell up its retail division and focus solely on managing luxury brands. He eventually succeeded in making the business a major force in the luxury goods sector. PPR made its first luxury industry investment in 1999 when it purchased 42% of Gucci Group NV.

Along the way, more luxury brand purchases including those of “Saint Laurent Paris,” “Alexander McQueen,” “Boucheron,” “Bottega Veneta,” “Stella McCartney,” and “Balenciaga” transpired. 2000 saw the founding of the “Electronic Business Group.” In the years that followed, he rose to prominence within “PPR,” leading to his appointment as the organization’s vice-president in May 2003 and eventual appointment as its chairman and CEO in March 2005.

He has been in charge of the assets owned by the Pinault family since May 2003 as president of the French holding firm “Groupe Artémis.” He sold the most valuable retail assets of “PPR.” These included the well-known multinational corporation “CFAO,” the high-end department store “Printemps,” the French mail-order company “La Redoute,” the French retail chain “Fnac,” which sells electronics and cultural products, the home furnishings retail chain “Conforama,” and the high fashion retailer “Fnac.”

He received the “Chevalier de la Légion d’Honneur” award in 2006. He has backed the rights of women. He established the “Kering Foundation,” which is supported by “Kering,” in 2008 to advance the defence and promotion of women’s rights. Combating violence against women and advancing women’s empowerment are the foundation’s key goals.

Through “Kering,” François-Henri pursues sustainability and focuses on researching and putting new environmentally friendly ideas into practice. Together with Jochen Zeitz, the former head of “Puma,” he has created an environmental profit and loss account (EP&L). The approach, which he used in his business, makes it easier to calculate the environmental costs associated with various operations. He provided funding for Yann Arthus-documentary Bertrand’s “Home,” which was released in June 2009 and primarily features aerial photographs collected from various locations on Earth.

The harm posed by humans to the planet’s natural equilibrium is demonstrated in the movie. The premium brand portfolio of “PPR” grew as it continued to buy various luxury goods brands, such as “Puma” in 2007 and “Volcom” in 2011. It established a distinct subsidiary called “Sports & Lifestyle” after purchasing “Puma.”

François-Henri also provided funding for the 2015 French documentary “Ice and the Sky.” The movie, which was directed by Luc Jacquet, tells the story of scientist Claude Lorius’ investigation of Antarctic ice and his worry about global warming. The ADL (Anti-Defamation League) presented François-Henri with the “International Leadership Award” in 2015 in recognition of his work to promote business responsibility, women’s rights, and awareness of minority discrimination.

In 2016, his name was added to the “Vanity Fair Hall of Fame.” François-Henri Pinault declared his intention to outperform “Louis Vuitton” over time in 2018. He said that year that Kering was leaving the sports and lifestyle market to concentrate only on the luxury market.

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François-Henri Pinault Relationship

According to People, François-Henri Pinault wed Salma Hayek on Valentine’s Day 2009 in a Parisian courtroom. The pair wed in Venice in April 2009 in front of family and close friends, including actors Antonio Banderas and Penélope Cruz. The Palazzo Grassi, which has been owned by the Pinault family since 2005, was the site of their wedding.

It also had special significance for the couple because it was where they first met there in 2006. Brides report that Pinault surprised Hayek with a vow renewal in Bora Bora in case the double wedding wasn’t enough of a display of love. In 2018, the CEO misled his wife into believing they were going to a spa but actually surprised her with a significant romantic gesture.

François-Henri Pinault Assets

Stade Rennais FC, a member of the French Ligue 1 soccer league, is owned by the Pinault family and was acquired in 1998. The team’s business is also managed by Pinault’s wife, Hayek. The Stade Rennais FC of French Ligue 1 is owned by the Pinault family. The Stade Rennais soccer team in France’s Ligue 1 is owned by the Pinault family. 

The club has developed under the Pinault family’s ownership from a second-division team to one that presently participates in the Champions League, despite the fact that he has been careful with the $44 million he has invested in the organisation over the years.

Hayek, 54, scoffed at the assertions that she wed her rich husband for financial gain. Hayek shot down rumours that, after being with the Frenchman for more than 15 years, she only got married in 2019 due to his wealth.

François-Henri Pinault Awards

Francois Henri Pinault reçoit the Chevalier de la Légion d’Honneur in 2006. Francois Henri Pinault received the Vanity Fair Hall of Fame award in 2016. Francois Henri Pinault was ranked as the eighth best businessperson of 2018 by Fortune. According to Barron, Francois Henri Pinault was named one of the “30 best CEOs in the world” in 2019.

According to Harvard Business Review, Francois Henri Pinault placed third among the “100 top CEOs worldwide” in 2019. 2020 saw Francois Henri Pinault receive the Fiorino d’Oro, Florence’s highest honour.

François-Henri Pinault Net Worth

François-Henri Pinault Net Worth $35.2 billion as of 2023.

Estimated Net Worth in 2023 (Approx)	$35.2 Billion
Estimated Net Worth in 2022 (Approx)	$15 Billion
Estimated Net Worth in 2021 (Approx)	$10 Billion
Estimated Net Worth in 2020 (Approx)	$7 Billion
Annual Salary	$5 Billion
Assets
Houses
Yachts
Jets

FAQs

How much is the net worth of François-Henri Pinault?

$35.2 Billion

Who is François-Henri Pinault wife?

Salma Hayek

What is François-Henri Pinault age?

61 years

What is the name of the François-Henri Pinault firm?

Artemis