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 
12/06 DAVID HENRY : Citigroup expects 'high teens' percentage fall in fourth-quarter markets revenue
12/05DJJACK MA : Top Company News of the Day
12/08 JAMIE DIMON : JPMorgan's Dimon taking customer pricing hints from Amazon
12/11DJROBERT IGER : ConsolidationDisney Deal for Fox Would End Hollywood EraFox Would Play Supporting Role at Disney -- WSJ
12/07 LAKSHMI MITTAL : ArcelorMittal's $1 billion India joint venture to get green light next week - sources
12/07 STÉPHANE RICHARD : Orange's boss Richard promises investors more of the same
12/07 MIKHAIL FRIDMAN : BASF agrees oil unit merger with Fridman's DEA to spur expansion
12/06DJSUMNER REDSTONE : Emails Illuminate Redstones' Family Tensions and War for Viacom
12/06 TIM COOK : Apple's Cook optimistic that apps pulled in China will be back
12/07 GEORGE SOROS : Soros-backed GlenPoint opens New York office, co-founder to relocate
More news
Advertisement
Latest news about Bernard Tapie 
More news


Popular Business Leaders 
William Ackman Jean-paul Agon Bernard Arnault Liliane Bettencourt Jeff Bezos Lloyd Blankfein Vincent Bolloré Richard Branson John Bryant Warren Buffett Kenneth Chenault Gary Cohn Tim Cook Jean Coutu Jamie Dimon Ralph Dommermuth Patrick Drahi John Edwards Larry Ellison Douglas Flint Bill Gates Carlos Ghosn Mario Greco David Henry Heinrich Hiesinger Carl Icahn Bruno Lafont Jack Ma Laurent Mignon Lakshmi Mittal James Murdoch Elon Musk Peter Nicholas Michael O'leary Nelson Peltz Sumner Redstone Franck Riboud Xavier Rolet Wilbur Ross Sheryl Sandberg George Soros Ulrich Spiesshofer Johannes Teyssen François Villeroy De Galhau John Williamson Thomas Wilson Dieter Zetsche Mark Zuckerberg Isabel Dos Santos
A-Z Business Leaders