Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News  >  Business Leaders  >  Business Leaders Biography

Business Leaders

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
HomeAll newsMost read newsBusiness Leaders Biography
Portrait de Bernard Tapie
Birthday : 01/26/1943
Place of birth : Paris (75) - France
Country of residence : France

Biography of Bernard Tapie 
Politician, businessman, actor, singer, Bernard Tapie is on the French media scene for thirty years. The explication: his career of self-taught, his businesses resounding, his cheeky humor and his escapades.

His chasten molded his career. Bernard Tapie said that his military service was for him an opportunity to size up his potential.

Car salesman for a little while, he went in for a career in television’s sales. When he started, he did house-to-house.
Creative salesman, he won a little money and bought in 1967 the store which employed him.

Quickly, Bernard Tapie understands that buying companies in agony in order to resell it, after having dismantled or upraised he can generates profits. This strategy becomes his philosophy. He starts with a factory of batteries “Leclanché Wonder”.

Bernard Tapie wants to created a global leader on the market for batteries so he partnered with Francis Bouygues to buy SAFT-Mazda and sells it back in 1988 to the American businessman Ralston, owner of Energizer.

Bernard Tapie is a big entrepreneur, a strength which allowed him to get different companies as Teraillon, Testut or Manufrance. But the most famous case was Adidas; the story ends up as media-judicial saga.

In July 1990, Bernard Tapi’s acquires Adidas, an investment of 1.6 billion francs financed by SDBO, a subsidiary of Credit Lyonnais, which takes the opportunity to enter in the capital of Adidas.
In 1992, Adidas enters a loss of 500 million francs. In 1994 the Crédit Lyonnais decides to resell the company for 4.6 billion French francs (701 million) to Robert Louis-Dreyfus, already present in board of directors. Bernard Tapie feels unseat and takes them to court.

This story ended in 2009. Bernard Tapie won 101 million euros of damages.
Copyright © 4-traders.com / Photo © Reuters

Citations
"Why buy a newspaper when you can buy a reporter?"


Most Read News 
07/17ELON MUSK : Tesla shares fall after CEO Musk abuses British caver
RE
07/18JAMES GORMAN : Morgan Stanley boss Gorman hits out at Fed stress tests
RE
07/13JEFF BEZOS : Jeff Bezos plans to charge at least $200,000 for space rides - sources
RE
07/19JOHN BROWN : General Electric's power unit faces threat in Saudi Arabia
RE
07/16WARREN BUFFETT : Warren Buffett donates $3.4 billion to Gates' and family charities
RE
07/16ULRICH LEHNER : Thyssenkrupp in leadership turmoil as chairman quits
RE
07/15ANTTI HERLIN : Thyssen and Kone owners held merger talks on elevator ops
RE
07/18WARREN BUFFETT : Buffett's Berkshire Hathaway loosens policy on stock buybacks
RE
07/19JAMES PACKER : Billionaire James Packer quits 22 boards, deepens corporate withdrawal
RE
07/19MASAYOSHI SON : SoftBank's Son says Japan is 'stupid' to disallow ride-sharing
RE
More news
Advertisement
Latest news about Bernard Tapie 
- No news -
More news


Popular Business Leaders 
Paul Achleitner William Ackman Frank Appel Luc Besson Jeff Bezos Lloyd Blankfein Vincent Bolloré Warren Buffett Patrice Caine Vittorio Colao Serge Dassault Michael Dell Oleg Deripaska John Edwards Carlos Ghosn James Gorman David Henry Heinrich Hiesinger Carl Icahn Brian Krzanich Daniel Loeb Jack Ma Sergio Marchionne Laurent Mignon Dennis Muilenburg Rupert Murdoch Elon Musk Xavier Niel Frédéric Oudéa Gavin Patterson Georges Plassat Wolfgang Porsche Roberto Quarta Sumner Redstone Alexandre Ricard Wilbur Ross Howard Schultz Masayoshi Son George Soros Martin Sorrell Rupert Stadler Randall Stephenson Tidjane Thiam Peter Thiel Viktor Vekselberg John Williamson Martin Winterkorn Steve Wynn Dieter Zetsche Mark Zuckerberg
A-Z Business Leaders