⬅ # 283 Tanya Saadé Zeenny|# 285 Igor Bukhman

# 284 Jacques Saadé Jr 


Real Time Net Worth
as of 4/23/2024

# 284 Jacques Saadé Jr 


Real Time Net Worth
as of 4/23/2024
OccupationDirector, CMA CGM
Source of WealthShipping
ResidenceMarseille, France
Age-Adjusted Net Worth$15.3B
Jacques Saadé Jr
Jacques Saadé Jr
Net worth: $8.89B

Self-Made Score 

Wealth History

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Early Life and Family

Jacques Saadé Jr. is the son of the late shipping magnate Jacques Saadé, who passed away in 2018.
He is a member of the Saadé family, which controls CMA CGM, a prominent shipping and logistics company founded in Marseille, France, in 1978.

Leadership Role

Jacques serves as the head of CMA CGM's real estate assets, showcasing his involvement in the diversified business operations of the company.

Family Control

Jacques Saadé Jr. jointly controls CMA CGM with his siblings, Tanya Saadé Zeenny and Rodolphe, along with their mother Naila.

Company Overview

CMA CGM, founded by Jacques Saadé, is a French shipping and logistics giant with a significant global presence.
The company, generating $47 billion in revenues, operates more than 500 vessels and serves 420 commercial ports in 160 countries.
It is the third largest container shipping company globally, with 593 vessels, 400 offices, and 750 warehouses, employing 155,000 individuals.
CMA CGM manages 257 shipping lines and plays a vital role in the maritime industry.

How long would it take you to become as rich as Jacques Saadé Jr?

If you started with $10,000 and invested an additional $500 each month at a 43.95% CAGR, it would take you 5 years to reach Jacques Saadé Jr's net worth of $8.89B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 34.07% compared to 5.08% for the S&P 500 benchmark.

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Jacques Saadé Jr is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Jacques Saadé Jr, Shipping is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey