Francois Pinault | $ 1.51 Billion
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Francois Pinault Net Worth

Net Worth $ 1.51 Billion
About Quotes Trivia
Born on: 21st Aug 36 Born in: France Marital status: Married Occupation: Kering
Born François-Henri Pinault has an estimated net worth of $15.1 billion. He is the chairman and chief executive of PPR, now known as Kering . 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 $15.1 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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Francois Pinault Estates and Homes (1)

Los Angeles Home

Los Angeles home

In what could be considered as a transfer from one fashion mogul to another, owner of PPR, Francois Pinault purchased the Bel Air estate belonging formerly to the late hair-products mogul, Vidal Sassoon. Originally commissioned in the mid-’50s by industrialist Henry Singleton for a site on a spectacular peak atop the prestigious Mulholland Drive, the estate popularly known as Singleton House, which was built by noted architect Richard Neutra back in 1959, was listed in November 2012 for $17.995 million after the legendary hairdresser and trendsetter Vidal Sassoon passed away due to leukemia. Billionaire Pinault who’s renowned for owning one of the biggest contemporary art collections in the world worth whopping $1.4 billion and runs PPR, the fashion conglomerate that owns high-end luxury fashion houses including Gucci, Stella McCartney, Alexander McQueen and Yves Saint Laurent, bought the home for $16.5 million. Located up a 300-foot-long gated driveway on a 5-acre hilltop that overlooks Los Angeles and Pacific Ocean, this 6,400-square-foot home in Bel Air was sold by Ronnie Sassoon, the widow of renowned British hairdresser and trendsetter Vidal Sassoon.

Location: The house is located on a private drive in the affluent residential community, Be Air, which is in the Westside Hills in Los Angeles, California.

Accommodation: Though the house was built in 1959, it is large, spacious and luxurious. It spans over 6400 square feet and most of this space has been distributed among its large four bedrooms. There are five bathrooms and every bedroom has one attached it to.

Features: Luxury at its very best, would probably be a good way to describe this mansion which rests on a property filled with gardens, a pool and a spa. The famous sculptor Isamu Noguchi is said to have arranged the stones in the gardens. The elaborate network of these gardens and courtyards is something that will strike any visitor. The home is characterized by glass walls throughout the interiors which have been tastefully done up. The style used is a minimalist one which exudes luxury without opulence! There is a bar within the house and the bedrooms look like houses in themselves. However, the minimalist style makes the home look like an office in some spaces one must say!

Neighborhood: Bel Air is a hot bed of celebrities and it is definitely a status symbol to simply live here. Nicholas Cage, Clint Eastwood and Elizabeth Taylor are some of the celebrities that live or have lived in Bel Air.

The living hall

The living hall

Infinite swimming pool

Infinite swimming pool

The master bedroom

The master bedroom

Francois Pinault Hobbies (1)

Art collection

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. 

Francois Pinault Collectibles (1)

Complete Art Collection

Art collection

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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