| Net Worth | Salary | Birthdate | Birthplace | Gender | Height | Profession | Nationality |
|---|---|---|---|---|---|---|---|
| $1.6 billion | N/A | N/A | France | N/A | N/A | Businessman | French |
What is Pierre Papillaud’s Net Worth?
Pierre Papillaud, a French businessman, has an estimated net worth of $1.6 billion. His wealth primarily stems from his involvement in the bottled-water industry. Papillaud, once the largest single shareholder in Roxane, France’s third largest producer of bottled mineral water, decided to sell a significant portion of his share in 2008.
Highlights
- Pierre Papillaud’s net worth is $1.6 billion.
- He made a fortune in the bottled-water business.
- Papillaud sold 49% of Roxane to Otsuka Pharmaceutical for $1.15 billion.
- Roxane later acquired a major stake in competitor Saint Amand.
- The group has 3,000 employees and 34 factories across France.
- Their brands include Cristaline and Mont Blanc water.
Early Life
Unfortunately, there is limited information available about Pierre Papillaud’s early life, including his birthdate and height. However, he was born and raised in France.
Career
Pierre Papillaud’s career revolved around the bottled-water industry. He became the largest single shareholder in Roxane, one of France’s top producers of bottled mineral water. In 2008, Papillaud made a strategic decision to sell 49% of Roxane to Otsuka Pharmaceutical, a Japanese company known for producing Pocari Sweat sports drink. The deal was valued at $1.15 billion.
In 2012, Roxane further expanded its market presence by acquiring a significant stake in its competitor, Saint Amand. This move solidified the company’s position within the industry. Currently, Roxane operates 34 factories across France and employs approximately 3,000 individuals.
The group produces around 4 billion bottles per year under popular brands such as Cristaline and Mont Blanc water. Their success in the bottled-water market has contributed significantly to Pierre Papillaud’s net worth.
Personal Life
Unfortunately, there is limited information available about Pierre Papillaud’s personal life. However, as a prominent businessman, he is likely to maintain a relatively private lifestyle.
Net Worth Over Time
Pierre Papillaud’s net worth has experienced significant growth throughout his career in the bottled-water industry. Starting as the largest single shareholder in Roxane, his decision to sell 49% of the company to Otsuka Pharmaceutical for $1.15 billion in 2008 greatly contributed to his current net worth of $1.6 billion.
While precise details of his net worth progression are not available, it is evident that Papillaud’s involvement in the industry has been lucrative. The success of Roxane and its subsequent acquisition of Saint Amand further solidified his position as a wealthy businessman.
Components of Net Worth
Pierre Papillaud’s net worth primarily consists of his ownership stake in Roxane, which he partly sold to Otsuka Pharmaceutical. The $1.15 billion deal significantly contributed to his overall net worth.
Additionally, the success and expansion of Roxane, with its extensive number of factories and widely recognized brands, serve as key constituents of his net worth. The constant production of billions of bottles of water per year generates substantial revenue and further boosts Papillaud’s wealth.
It is important to note that the provided net worth is an estimate based on publicly available information. The actual value may differ due to various factors, such as changes in company ownership or undisclosed assets.
In conclusion, Pierre Papillaud’s successful career in the bottled-water industry, particularly his involvement with Roxane, has propelled his net worth to an estimated $1.6 billion. His strategic decisions and the company’s expansion have solidified his position as a prominent figure within the industry and a wealthy businessman in France.