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Grizzly Bulls’ Billionaires Index

⬅ # 812 Zhou Jianping|# 814 Sandeep Engineer ➡

# 813 Marc Ladreit de Lacharrière 

$4.02B

Real Time Net Worth
as of 6/28/2024
-$145 (-0.00%)

# 813 Marc Ladreit de Lacharrière 

$4.02B

Real Time Net Worth
as of 6/28/2024
-$145 (-0.00%)
OccupationFounder and CEO, FIMALAC
Source of WealthFinance
Age83
ResidenceParis, France
Marital StatusDivorced
Children4
Age-Adjusted Net Worth$847.58M
Marc Ladreit de Lacharrière
Marc Ladreit de Lacharrière
France
Net worth: $4.02B

Self-Made Score 

Wealth History

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Biography

Overview

Marc Ladreit de Lacharrière is the CEO of FIMALAC, an investment group primarily focused on digital media and real estate.
He founded FIMALAC in 1991 and purchased all of its shares, taking the company private in July 2017.
Ladreit de Lacharriere is most known for his role as CEO of FIMALAC and his ownership in Fitch Ratings, which the company divested between 2015 and 2018.

Early Life

Born on November 6, 1940, in Nice, Marc Ladreit de Lacharrière attended the École nationale d'administration from 1968 to 1970.

Career

In 1961, he started a teen magazine and later worked for Suez, Masson, and Valeurs Actuelles.
Ladreit de Lacharrière spent fifteen years at L'Oréal, serving as CEO for a period.
He also served as Chairman of Duff & Phelps and held positions on the boards of Renault, L'Oréal, and other companies.
He was found guilty in 2018 as part of the Fillon affair and sentenced to eight months in prison.
In 2015, his family holding company, Groupe Marc de Lacharriere, invested in a 5% stake in Warburg Pincus.

Philanthropy

Ladreit de Lacharriere is involved with various philanthropic endeavors, including serving on the Board of the American Friends of the Louvre and renovating the Théâtre du Rond-Point in Paris.
He co-founded Fondation Agir Contre l'Exclusion (FACE) and is associated with several other foundations and organizations related to arts, culture, and education.
He was elected to the Académie des Beaux-Arts in 2006 and named Goodwill Ambassador for UNESCO in August 2010.

Personal Life

He is divorced with four children and has one sister, Jacqueline Hacker - de Lacharriere, who is married to Swiss Industrial Tycoon Manfred Hacker.
His sister Jacqueline is known for founding the La Martina brand and being the first woman to play polo on snow.

FIMALAC

FIMALAC, also known as Financière Marc de Lacharrière, is a French holding company specializing in credit rating and risk management.
Founded by Marc Ladreit de Lacharrière in 1991, the company operates in various regions worldwide, including the United States, Canada, the UK, and Asia.
It acquired Algorithmics Inc. in 2005 and sold it to IBM in 2011, and acquired 40% of Groupe Lucien Barrière in the same year.
In 2018, FIMALAC sold its remaining 20% stake in Fitch Ratings to Hearst Communications.

How long would it take you to become as rich as Marc Ladreit de Lacharrière?

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 Marc Ladreit de Lacharrière's net worth of $4.02B.

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

Marc Ladreit de Lacharrière 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 Marc Ladreit de Lacharrière, Finance 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