Factbox: France's billionaire tycoons and their media interests

Television Francaise 1 SA

15/03/2024 13:47

PARIS, March 15 (Reuters) - French billionaire Rodolphe
Saade, whose family controls giant shipping company CMA CGM,
said on Friday he had agreed to pay 1.55 billion euros ($1.69
billion) for Altice Media, owner of BFM TV news channel and RMC
radio stations, from another French tycoon, Patrick Drahi.
    Here are some other French tycoons with media interests. 
        
    BERNARD ARNAULT
    LVMH  LVMH.PA , the luxury group controlled by Bernard
Arnault, the world's wealthiest man with assets worth $238
billion according to Forbes, owns French main financial
newspaper Les Echos, tabloid Le Parisien, financial magazine
Investir and a radio station focused on classical music.       
     
    FRANCOIS PINAULT
    Arnault's rival in the luxury industry, Francois Pinault,
who controls Kering  PRTP.PA , owns, through his holding company
Artemis, conservative news magazine Le Point and royalty
magazine Point de Vue. Pinault is worth $32 billion, according
to Forbes' billionaire list.
     
    XAVIER NIEL
    French telecoms tycoon Xavier Niel, who is worth $9.9
billion and controls telecom group Iliad, owns, through his
holding company NJJ Presse, a significant stake in media group
Le Monde, which in turn owns the eponymous centre-left newspaper
as well as news magazines L'Obs and Courrier International.
    Niel's stake in the media group is parked in an independent
holding called Le Monde Libre.    
     
    VINCENT BOLLORE
    Media and telecoms tycoon Vincent Bollore, whose worth is
estimated at $9.8 billion by Forbes, controls Vivendi  VIV.PA ,
which owns right-wing TV station CNews, as well as pay TV
station Canal + and entertainment TV station C8. Vivendi also
owns magazines including right-wing Le Journal du Dimanche and
Paris Match.  
     
    DASSAULT FAMILY
    Groupe Dassault, the Dassault family holding which controls
jet maker Dassault Aviation  AM PA> and software company
Dassault Systemes  DAST.PA , also owns conservative newspaper Le
Figaro. Three members of the Dassault family, Laurent and
Thierry Dassault as well as Marie-Helene Habert-Dassault, are on
the Forbes list with an estimated $9.4 billion worth each.
     
    MARTIN BOUYGUES
    The construction group Bouygues  BOUY.PA  diversified in
media in the late 1980s when acquiring the country's largest TV
station, TF1  TFFP.PA . Brothers Martin, Bouygues's chairman,
and Olivier are worth an estimated $2.6 billion each.

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Marseille tycoon agrees to buy France's biggest 24-hour news
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(Reporting by Inti Landauro; Editing by Nick Macfie)
((mailto:Inti.Landauro@thomsonreuters.com;))