Francois Pinault

France
Net Worth (2012):$ 13 Billion
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Born on: Aug 21, 1936 (Age: 75) Leo
Born in: France
Marital status: Married
Occupation: Owner, PPR

François Pinault, an art collector, a fashionista and one of the biggest businessmen of France runs the retail company PPR in France. With the net worth of $11.5 billion he has been ranked as 67th richest person on earth but is amongst few billionaires who did not inherit his wealth. He was born in a poor peasant family in Champs-Geraux and left school at the age of 15. He gradually migrated from his initial timber business to fashion and lifestyle.

His interest in art was developed from a very tender age as he first noticed art in churches. Pinault is more known for his incredible art collection as he owns one of the rarests of contemporary art worldwide. He also owns the well known Palazzo Grassi in Venice to display his marvelous collection and acquired work directly from artists such as Damien Hirst and Jeff Koons.In 2000 one of the biggest fine arts auction house Christie's was also taken over by Frenchman François Pinault.

Recently, French luxury titan François Pinault was made a Grand Officer of the Legion of Honor, France’s highest civilian decoration, on New Year’s Day. Gucci, one of the most well known fashion brands in world was taken over by  PPR in 2004. Pinault spent some three decades acquiring art hence in 2006 he was also ranked in first place as most powerful people in modern art.

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Complete Art Collection

owned by
Francois Pinault
1.4 Billion

French luxury goods tycoon François Pinault's  business empire includes auction house Christie's and a massive collection of art worth more than $1.4 billion. . In 2006 he was ranked in first place as one of the most powerful people in modern art. He owns two of the most elegant art museum in France Venice: the Palazzo Grassi and Punta della Dogana where he displays his art work. The collection includes work form the world renowned artists like Demien Hrist who worked around themes of death, love and religion and Takashi Murakami whose sculpture Hiropon gained him much popularity. He also acquired works of Cindy Sherman and other new artists. He has collection of more than 2000 art pieces from around the world. On his collection he remarks ""I am interested in art that challenges me, that disturbs the calm and reassurance of the bourgeois lifestyle.""

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Art collection

owned by
Francois Pinault

Art collection is not only his business but also his biggest hobby. He has art collection worth $1.4 billion which includes art work from 80 artists including Pablo Picasso, Piet Mondrian and Jeff Koons. He has more than 2,000-plus works form new and old artists in his collection. He has bought two museum in France Venice: the Palazzo Grassi, which opened in 2006; and the Punta della Dogana just to display his collection. 

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