Member access

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

Business Leaders

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 
HomeAll newsMost read newsBusiness Leaders Biography 
Portrait de Vincent Bolloré
Vincent Bolloré
Birthday : 04/01/1952
Place of birth : Boulogne-Billancourt (92) - France
Country of residence : France
Linked companies : Havas SA - Dentsu Aegis Network Ltd - Bollore SA - Financiere de l'Odet SA
Biography

His last name is printed on each sheet of cigarette paper OCB. Dating back over a century, the brand OCB also means “Odet-Cascadec-Bolloré”. According to the family legend, René Bolloré was the first to rent the mill of Cascadec powered by the river Isole and another one. It was in 1822, and the aim was to produce writing paper and cigarette paper.

Over a century later, Vincent Bolloré was born in Paris suburbs and began his career at the famous bank Rothschild. His attachment to his Breton roots and his family is present in the organization of the group: the capital of his holding company, Groupe Bolloré, is 65 % owned by Financière de l’Odet. The group holds different subsidiaries as Financière du Loch, Financière de Sainte-Marine, Financière Perguet, Guénolé Company. His old friend Antoine Bernheim, who chairs the Italian insurer Generali calls this system “the system of Breton pulleys”. In fact, this system allows to control many companies with a small initial bet. There is leverage but not indebtedness.

The structure of Bolloré group is much less complicated than in the past, but is reorganization takes time. In order to reduce the “holding company discount”, Vincent Bolloré has undertaken to simplify the structure of the conglomerate, about 30 000 employees. Most of them are employed by a large logistic division, which cohabits with various activities: special papers, power distribution, high-performance battery, terminals for airports…Since the beginning of the decade, medias are also part of Bolloré Group’s businesses. Vincent Bolloré keeps up many political friendships.

Vincent Bolloré is also a "raider" on the stock exchange market (Ingenico, Vallourec).

According to Challenges, his fortune was estimated in 2011 at 3.8 billion euros. This is the tenth French fortune.

Bibliographie
Tous ego : Havas, moi et les autres, written by Jacques Séguéla. Jean-Claude Gawsewitch, 2005. In french

Portrait de l'homme d'affaires en prédateur, written by Catherine Vuillermot and Michel Villette. La Découverte, 2005. In french.

Vincent Bolloré : enquête sur un capitaliste au-dessus de tout soupçon, written by Nathalie Raulin. Denoël, 2000. In french.
Copyright © 4-traders.com / Photo © Maxppp
Latest news about Vincent Bolloré 
Prev.4  5  6  7  8   9  10  11  12  13Next
Advertisement
Popular Business Leaders 
Paul Allen Mukesh Ambani Bernard Arnault Luc Besson Vincent Bolloré Martin Bouygues Richard Branson Warren Buffett Steve Case Benjamin De Rothschild Barry Diller John Fredriksen Bill Gates Philip Green Carl Icahn Steve Jobs Li Ka-shing Peter Lynch Maurice Lévy Lakshmi Mittal Rupert Murdoch Xavier Niel Nelson Peltz Zong Qinghou Jim Rogers Johann Rupert Naguib Sawiris Carlos Slim George Soros Donald Trump
A-Z Business Leaders
Most Read News 
Nigerian CEOs of International Companies
6 days ago - Among the jet-setting group of the world's top-flight business moguls, Nigeria does have its share of nationals who have s...
Buffett copycats risk a pounding as Berkshire portfolio suffers
10/23 - NEW YORK (Reuters) - It's not been a good time for Warren Buffett wannabes.
Time ripe for all apple products to enter China market
6 days ago - Apple Inc Chief Executive Officer Tim Cook said he hopes to adapt all of Apple's developments to work for the Chinese mar...
Wall Street finally turning on Amazon as Bezos magic fades
6 days ago - SAN FRANCISCO/BOSTON (Reuters) - Amazon.com Inc's once fairy-tale ride on Wall Street has hit its most jarring bump yet.
Janus Profit Up 25%; Still Measuring Gross's Effect
7 days ago - Janus Capital Group Inc. Chief Executive Richard Weil on Thursday called his surprise hiring of bond kingpin Bill Gross...
More news
Dynamic quotes  
ON
| OFF