⬅ # 281 Eric Wittouck|# 283 Tanya Saadé Zeenny

# 282 Rodolphe Saadé 


Real Time Net Worth
as of 4/23/2024

# 282 Rodolphe Saadé 


Real Time Net Worth
as of 4/23/2024
OccupationChair and CEO, CMA CGM
Source of WealthShipping
ResidenceMarseille, France
EducationBS, Concordia University
Age-Adjusted Net Worth$13.3B
Rodolphe Saadé
Rodolphe Saadé
Net worth: $8.89B

Self-Made Score 

Wealth History

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Rodolphe Saadé was born on 3 March 1970 in Lebanon, the son of CMA CGM founder Jacques Saadé.
After studying business at Concordia University in Montreal, he founded Dynamic Concept, a water cooler company in Lebanon.
Joined CMA CGM in 1994, initially working in New York and Hong Kong before returning to Marseille's head office.
From 1997 to 2000, he held various positions in lines connecting the United States, Mediterranean, Far East, Northern Europe, and U.S. West Coast.
Appointed Director of the Transatlantic and Transpacific line in 2000 and became Vice President in 2002.
Became General Manager in 2004, responsible for developing regular lines in the North-South Axis to various regions.
Led the development of Delmas' lines in West, East, and Central Africa and the Indian Ocean after CMA-CGM's takeover in 2005.
Invested in services to Africa and the Indian Ocean in 2008, taking over the management of Delmas and playing a crucial role in managing a hostage-taking incident involving a cruise ship.
Became Vice Chairman and Board member of CMA CGM Group in 2010.
Appointed Chairman and CEO of CMA CGM Group in November 2017.
In April 2018, under his leadership, CMA CGM acquired a 25% stake in Ceva Logistics, later launching a public takeover bid, creating a global transport and logistics group.
Established a start-up incubator called Zebox in Marseille in August 2018, in partnership with Accenture, BNP Paribas, EY, Centrimex, and Ceva.
Announced commitment in August 2019 to avoid using the Northeast passageway to protect Arctic biodiversity and combat global warming.
Launched the world's first LNG-powered container ship in September 2019.
In March 2020, donated 200,000 FFP2 protective masks to the France Health Agency to combat the COVID-19 virus.

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

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 Rodolphe Saadé'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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Rodolphe Saadé 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 Rodolphe Saadé, 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