⬅ # 328 Thierry Dassault|# 330 Marie-Hélène Habert-Dassault ➡

# 329 Laurent Dassault 

$7.94B

Real Time Net Worth
as of 6/24/2024
$54.1M (0.68%)

# 329 Laurent Dassault 

$7.94B

Real Time Net Worth
as of 6/24/2024
$54.1M (0.68%)
OccupationManaging Director, Dassault Group
Source of WealthDiversified
Age70
ResidenceParis, France
Marital StatusMarried
Children2
EducationAssociate in Arts/Science, Ecole Superieure Libre Des Sciences Commerciales Appliquees
Age-Adjusted Net Worth$4.04B
Laurent Dassault
Laurent Dassault
France
Net worth: $7.94B

Self-Made Score 

Wealth History

Hover or tap to reveal net worth by year
Loading Chart

Biography

Early Life

Laurent Dassault is one of Serge Dassault's four children, inheriting his father's wealth in May 2018.
Graduated from École Supérieure Libre des Sciences Commerciales Appliquées de Paris with a business law degree from Paris II-Assas University.
Trained with the French Air Force and served as an intelligence officer with the Jaguar squadron 3/3 Ardennes in 1978.
Became a captain in the reserves in 1986.

Professional Career

Joined Dassault Investissements in 1991, overseeing indirect compensation related to military aeronautical contracts.
Co-managing director of Dassault Groupe, the family's aerospace and software conglomerate.
Director of Artcurial, the family's art auction house, specializing in auctions of horses and real estate.
Co-manager of Artcurial DĂ©veloppement, actively involved in the art world.
Manager of Château Dassault, a Saint-Emilion Grand Cru Classé since 1994.
Actively participates in corporate philanthropy and charitable work.

Family Legacy

Grandfather Marcel Dassault founded Dassault Aviation, a French aerospace company.
Family ownership of Le Figaro, the country's daily newspaper, vineyards, and a private aeronautic company.

Art and Cultural Involvement

Major art collector actively involved in the art world on a personal level.
Organizes the Marcel Duchamp prize annually, supporting French artists to reach the international stage.

How long would it take you to become as rich as Laurent Dassault?

If you started with $10,000 and invested an additional $500 each month at a 44.13% CAGR, it would take you 5 years to reach Laurent Dassault's net worth of $7.94B.

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 48.35% compared to 16.28% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Laurent Dassault 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 Laurent Dassault, Diversified 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