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In 2005, Franois-Henri Pinault was appointed Chairman and CEO of Kering, which he gradually transformed into a global Luxury group. 2001). His father, Franois Pinault, founded Kering in 1963, when it was a wood and building materials company. His third child, son Augie, came along in. Pinault is the founder of the luxury goods company and his son Francois-Henri is the CEO. It's just one of the many occasions in recent years where the teen has joined her family at high-profile events. In the following years, he became a prominent figure in PPR that saw his elevation as the vice-president of the company in May 2003 and later its chairman and CEO in March 2005. Since May 2003, he has also been serving as the president of the French holding company Groupe Artmis that controls the Pinault family assets. Pinault and his family own iconic auction house Christie's,. In the early 2010s, he implemented the "environmental profit and loss" (EP&L) accounting method, in line with the UN's Sustainable Development Goals, that was gradually applied to all the brands owned by the group. In pursuit of defending and promoting womens rights, he launched the Kering Foundation, which is financed by Kering, in 2008. [2] He collected art of the 20th century (Mondrian, Picasso, Man Ray, ) before following contemporary artists (David Hammons, Rudolf Stingel, Damien Hirst, Jeff Koons, Subodh Gupta, Paul McCarthy, Bruce Nauman, Donald Judd, Robert Ryman, ). Valentina stepped out into the spotlight in style after she scored her first-ever Vogue Mexico cover at the tender age of 14. [16] Tadao Ando also restored this historical site, which reopened to the public in June 2009. The pair tied the knot in 1996 but the relationship ended in 2004. [19] Pinault was mandated by the French President Emmanuel Macron to set up the Fashion Pact during the G7 summit in August 2019, an initiative signed by 56 fashion firms committing to follow concrete measures to reduce their environmental impact. [20][21], From 2003 to 2014, PPR's sales had dropped by more than a half, but its profits grew by 40%. Like mother, like daughter: Valentina made her magazine cover debut on Vogue Mexico with her mother in a glamorous shoot. . Former holdings include Puma or Volcom. On 21-8-1936 Francois Pinault (nickname: Franois ) was born in Les Champs-Graux, Ctes d'Armor, Brittany, France. As well as highlighting her love for photography. People Like Francois Pinault . [3] Afterwards, he returned to the family business, which he sold following his father's death. Before Salma Hayek, only folks in the fashion realm really recognized the CEO. Franois-Henri Pinault is an icon in the world of luxury goods and fashion. In an interview conducted in Spanish, it was revealed how Valentina often liked to take her mother's clothes and her hopes to work in Hollywood. In cheerful disorder, about 10 family members were seated around the table: Franois Pinault, his wife, Franois-Henri - his successor at the head of Kering (Gucci, Saint Laurent, Balenciaga,. Besides, Pinault is one of the most renowned art collectors in the world. Net worth. [26] In 2022, he pledged to finance the restoration of the Chapelle Saint-Michel on top of the Monts d'Arre that was deteriorated by a wildfire. But who are they, andwhere are they now? Francois Pinault was born in the village of Les Champs-Geraux in France's northwest region of Brittany. Franois Pinault s-a nscut la 21 august 1936 n Les Champs-Graux, o comun din nordul Bretaniei, n vestul Franei. Regardless, Pinault and Hayek seem super happy together, and they've even renewed their wedding vows since their ceremony in 2009. Valentina confirmed she isn't one to get starstruck during her interactions with A-list names. The pair even posed together for the April 2022 cover spread of Vogue Mexico, with Valentina making her magazine debut with the shoot. [2], Franois Pinault started his first business in 1963 as a wood-trading company. Franois-Henri Pinault and Salma Hayek renewed their vows. In 2016, Pinault began practicing at 'Tendercapital Stables,' under the tutelage of one of the most popular French riders Edouard Math. Today, Francois Pinault is one of the richest people in the world, but back when he was growing up, the outlook wasn't so rosy. Set for life: Valentina is sure to inherit a sizeable amount of her father's $33.5 billion fortune, but her parents keep her humble, Valentina (pictured in 2017) descends from a line of French business titans thanks to the success of both her father, Franois-Henri (left), and her grandfather, Francois Pinault (center), A post shared by Salma Hayek Pinault (@salmahayek). He shares daughter Mathilde, 22, and son Franois, 25, with French interior. Born into a peasant family, Pinault dropped out of high school. He shares a daughter with Salma Hayek, but who are Franois-Henri Pinault's other children? Valentina stepped out into the spotlight in style after she scored her first-ever Vogue Mexico cover at the tender age of 14. [2] In 1956, he enlisted in the military during the Algerian war. [24], In 2018, Pinault confirmed Kering's exit of the Sport & Lifestyle sector to focus solely on the Luxury sector. 2023 Forbes Media LLC. He eventually succeeded in turning the company into a leading player in the luxury goods industry. He is the major shareholder and honorary chairman of the retail company Kering. Pictured is a paparazzi photo from 2008 and another photo from 2011, The youngster is no stranger to being photographed at her mother's movie premieres (pictured in 2011), In recent years, Valentina has become a regular red carpet companion for her superstar mom. Valentina explained. Valentina's father Francois-Henri has three older children from previous relationships before he met her mother, Salma. No room for thuggery: Tikoduadua. Here, FEMAIL breaks down the luxurious upbringing of the young star who looks set to step out from her parents' shadows in the coming years. Franois Pinault, (born Aug. 21, 1936, Champs Graux, Ctes-du-Nord, France), French businessman and art collector who created a retail empire, especially noted for its luxury goods. The 12 questions you NEED to ask before moving in with your partner, according to a relationship expert. ThoughFranois-Henri Pinault may be a billionaire, he's arguably morefamousbecause of his wife. Simply the Worlds Most Interesting Travel Site. The luxury scent is composed by Olivier Polge, the In-House Perfumer Creator for the brand, and retails for $275. I think it's important to get closer and listen rather than ignore them and believe that it's not your problem or our problem.'. [29], In 2012, he bought the Villa Greystone in Dinard, France, designed by Michel Roux-Spitz. 08:01. Honorary chairman, Kering. [15] He launched the Kering Foundation in 2008 to support women's rights,[16] and the Women in Motion program with the Cannes Film Festival in 2015 to raise awareness around women-related issues in the film industry. Published: 12:29 GMT, 4 March 2023 | Updated: 12:31 GMT, 4 March 2023. Advertisement. Though the pair were dressed to the nines in designer clothes for the photoshoot, Valentina insisted she often wears sweats. Part of the Daily Mail, The Mail on Sunday & Metro Media Group. She then gave birth to their daughter, Valentina Paloma, in September 2007. Hints and clues to help you with today's Wordle. Franois Pinault (born 21 August 1936) is a French businessman and art collector. She's attended catwalk shows for luxury brands such as Gucci, Bottega Venetta and many more. The successful French businessman handed over management of his companies to his son in May 2003, and his son is now worth an estimated $33.5 billion, thanks to the success of the family's many companies. Eugenie Pinault's grandchildren: Eugenie Pinault's grandson is Francois-Henri Pinault Eugenie Pinault's granddaughter is Laurence Pinault Eugenie Pinault's grandson is Dominique Pinault. Franoise Bettencourt Meyers who, with her family, holds the majority shares, also has a Jewish identity. As of January 2021, Forbes valued Franois Pinault and his family to be worth an incredible $44 billion while Franois-Henri Pinault's personal net worth is an estimated $7 billion. Franois-Henri Pinault net worth is $15 billion Franois-Henri Pinault Wiki Biography. They had a son together, Augustin James Evangelista (b. October 2006). WhenSalma and her hubby met in 2006, Pinault's kids were still young, and it seems Salma's been a great stepmom to them. Reuters Source: Bloomberg In 2018, the couple. 'What's more, when you see someone sleeping on the street they have the same reaction: you're sorry, but you don't want to get close. Source: Kering Advertisement Under his son's direction, the company continued to acquire. For example, she was seen sat near actor George Clooney and his human rights barrister wife, Amal, at an audience with Pope Francis as participants of the Sixth World Congress of Pontifical Foundation Scholas in the Vatican in May 2016. In an interview conducted in Spanish, it was revealed how Valentina often liked to take her mother's clothes and her hopes to work in Hollywood. The pair have more in common than just clothes: They also both speak Spanish and like to do so to speak privately in public. In addition to his impressive career achievements, Pinault has also been recognized for his charitable work, as well as for his commitment to making the fashion . "The stylish approach to empire building", "Pinault's Empire Grows, Adding Stake in Christie's", "Kering - Evolution Of A Global Luxury Brand Company", "France's top 10 richest drinks barons - Page 8 of 11", "Iron-fisted Frenchman Pinault is fighting Arnault to rule the auction-house world", "French Billionaire Pinault Family to Buy Ponant Cruise Ships", "Rennes come out on top in battle of the bank balances", "Kering: A Timeline Behind the Building of a Luxury Goods Conglomerate", "INTERNATIONAL BUSINESS; Gucci Purchases Control Of Yves Saint Laurent", "PPR to Show Breton Roots With Rebranding as Kering", "Un regard sur la collection d'une des figures les plus influentes du monde de l'art", Tadao Ando designs arts centre for Franois Pinault in Venice, "The Teatrino of Palazzo Grassi by Tadao Ando", "The Power of Art: Franois Pinault's $1.2 Billion-Collection Finds a Home in Paris", "See Pinault's $194 Million Bourse De Commerce, Paris's New Arts Landmark", "Christie's Franois Pinault creates artist residency in Lens", "Inaugural Winners of Pierre Daix Art Book Prize Announced", "Billionaire Franois Pinault gives 3m for refurbishment of Victor Hugo's Guernsey home", "Collector Franois Pinault, Son Pledge $113 M. Toward Rebuilding Notre-Dame Cathedral", "Feux dans les monts d'Arre: un designer breton avec Franois Pinault pour restaurer la chapelle", "Bloomberg Billionaires Index: Francois Pinault", Dinard. [27] To foster Artmis' investments in the technology sector, Pinault launched the $100-million investment fund Red River West in 2017. [27], As of 31 January 2021, according to Forbes, Pinault had a net worth estimated at $43.4 billion. Franois-Henri welcomed a third child with Linda, a boy who has been protected from the limelight. The founder of Pinault SA, Franois Pinault, who founded Pinault-Printemps-Redoute, PPR, and eventually Kering, is the father of Franois-Henri Pinault. The Frida star announced that she was engaged to the French businessman in March 2007 and also confirmed that she was pregnant. Like mother, like daughter: Valentina made her magazine cover debut on Vogue Mexico with her mother in a glamorous shoot, Valentina and her mom posed together for the April 2022 cover spread of Vogue Mexico, The then 14-year-old made her magazine debut with the stunning photoshoot. Sure, he's worked on merging Gucci with the rest of his company's portfolio, owns a winery, auction house, and soccer team, but he's most widely known in the US as being Salma's husband and their daughter Valentina's dad. The parents who fear their 11-year-olds will be scarred for life by the graphic sex education Man had sex with his wife on bollard in protest after it had been erected by neighbour to stop him French family sues Airbnb after 19-month-old daughter dies from fentanyl overdose while taking a nap Woman 'was raped twice by sex attacker on Piccadilly Line Tube train', court hears. In 1997, he became the CEO of the French retail chain company Fnac.. The teen highlighted how she had also inherited her mother's charitable nature as shetalked about how important it was to be passionate about fixing the world's problems. Pinault started his business in the timber industry in the early 1960s. 3, including Franois-Henri Pinault. Mathilde has previously explained that she does not want to pursue career in modeling, but has already worked for some brands such as Olgana and Miasuki. Around 2019, she began to make regular appearances with her mother at fashion week shows. 'We fight over clothes because she takes everything from my closet,' Salma teased. Fashion shows are becoming a household ritual for Hayek and her family. If youve been thirsty for a legitimately huge UFC pay-per-view event, one that bridges the gap between casual mixed martial arts fans and the hardcore, there is one on the doc for Saturday night at the T-Mobile Arena in Las Vegas. Feb. 8, 2023, 10:28 AM PST. The museum opened in May 2021. Try these 11 riddles that ChatGPT ALMOST aced. 'I always do something like that,' the teen stated. The presentation reflects Pinault's over 30-year commitment to postwar art and his devotion to a group of contemporary artists whose works he has collected in depth. The main objective of the foundation is to combat violence against women and promote women empowerment. 1998) and daughter Mathilde (b. In April 2009, the couple had a wedding in Venice with family and friends, including fellow A-listers Antonio Banderas and Penlope Cruz. So it came as no surprise to see the stylish teen join her superstar mother andhalf-sister Mathilde at Gucci's Milan Fashion Weekshow on February 24. The new name is a reference to his Breton roots, "Ker" meaning "home" in the region's dialect, and sounds like "caring". Meanwhile she's rubbed shoulders with the likes of Oprah Winfrey at movie premieres, while meeting other young starlets such as Saoirse Ronan while sitting on the front row at fashion shows. The French businessman Franois Pinaultfather of business magnate Franois-Henri and father in-law to actress Salma Hayekfounded Kering, the holding company for luxury goods that owns brands. Reporting by Chris Mercer and Charles Curtis MW. Francois Pinault (born in 1999) and Mathilde Pinault are his and Francois's two children (b.2001). [1], Pinault grew up in the rural French countryside, beginning his career working for his family's timber business. Advertisement. In recent years, Valentina has since gone on to become a regular red carpet companion for her superstar mom. Russias War On Ukraine: Daily News And Information From Ukraine, Todays Wordle #623 Hint, Clues And Answer For Saturday, March 4th, A Century Of Women, Work - And Juggling Family, 2022 Billionaires: Cities With The Most Billionaires, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. 2001). Franois Pinault He is Mathilde's elder brother and was born in 1998. [10][11] He offloaded PPR's leading retail assets (Conforama, CFAO, Printemps, Fnac and La Redoute) and merged PPR with the Gucci group, its subsidiary since 1999, bringing Gucci's luxury portfolio (Gucci, Yves Saint-Laurent, Bottega Veneta, Balenciaga, Boucheron, Alexander McQueen and Stella McCartney) under his direct supervision. She also moved from Paris to London in order to compete in England. Franois-Henri surprised Salma with a vow renewal disguised as a spa day on the tropical island of Bora Bora in 2018, with their daughters both seen in pictures from the occasion. Mathilde has previously explained that she does not want to pursue career in modeling, but has already worked for some brands such as Olgana and Miasuki. During his studies, he co-founded the CRM company Soft Computing with other fellow students and did an internship at Hewlett-Packard in Paris as a database-software developer. [3][5] On 25 October 1988, Pinault SA was taken public in the Paris stock exchange and started to invest in specialty store chains.