Pierre Papillaud

Pierre Papillaud
Born 1935/1936 (age 80–81)[1]
Saint-Quentin-de-Chalais, Charente, Nouvelle Aquitaine, France
Residence Paris, France
Occupation Businessman
Net worth US$1.31 billion (2016)[1]

Pierre Papillaud (born c. 1936) is a French billionaire businessman.

Early life

Pierre Papillaud was born circa 1936 in Saint-Quentin-de-Chalais, a small village in Charente.[2] His grandmother owned two cows.[2] During World War II, his father, who served as an officer in the French Army, was caught by the Nazis in Belgium.[2]

Career

A bottle of Cristaline water.

Papillaud owns 51% of the Alma Group,[1][3] which sells mineral water under the brandnames of Cristaline, MontBlanc, Saint-Yorre, Rozana, Chateldon and Vichy Célestins.[4] In 2008, he sold the other 49% to the Japan-based Otsuka Pharmaceutical for US$1.2 billion.[1]

According to Forbes, he is worth an estimated US$1.31 billion as of 2016.[1]

In April 2016, Papillaud's name was mentioned in the Panama Papers through a power-of-attorney for Krewitt, a company based in the British Virgin Islands.[5]

In September 2016, the New York Times reported Pierre Papillaud is demanding that a California town give up its only water source so that Papillaud's bottle water company can have more water to sell as Crystalline.[6]

Personal life

Papillaud resides in Paris, France.[1]

References

  1. 1 2 3 4 5 6 "The World's Billionaires: #1476 Pierre Papillaud". Forbes. Retrieved April 17, 2016.
  2. 1 2 3 Huord, Pascal (January 13, 2016). "PIERRE PAPILLAUD: UN PATRON QUI FAIT DES BULLES". Charente Libre. Retrieved April 17, 2016.
  3. ↑ "Pierre Papillaud et sa famille". Challenges. Retrieved April 17, 2016.
  4. ↑ Parrino, Béatrice (December 15, 2015). "Le roi de l'eau se met à table". Le Point. Retrieved April 17, 2016.
  5. ↑ ""Panama Papers": Une quinzaine de grandes fortunes françaises liées à des sociétés offshore". 20 Minutes. April 9, 2016. Retrieved April 17, 2016.
  6. ↑ Fuller, Thomas (1 October 2016). "Timber Company Tells California Town, Go Find Your Own Water". The New York Times Company. Retrieved 2 October 2016.


This article is issued from Wikipedia - version of the 11/18/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.