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François Pinault & family

François Pinault & family
François Pinault & family

François Pinault is honorary chairman of luxury group Kering, which owns fashion brands Saint Laurent, Alexander McQueen and Gucci. Pinault founded Kering, which started as a wood and building materials company, in 1963. In 1999, Pinault changed the direction of the business towards luxury goods when he bought a controlling stake in Gucci Group. The $16 billion (2020 sales) company, which also owns watch brand Girard-Perregaux, is run by Pinault’s son, François-Henri. Pinault and his family own iconic auction house Christie’s, plus a 3,000-piece art collection with works by Picasso, Mondrian and Koons. The Pinault Collection museum is set to open in the 18th-century Bourse de Commerce building in Paris in 2021.

Written by shashank

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