⬅ # 204 Ivan Glasenberg|# 206 Xu Hang

# 205 Vincent Bolloré 

$10.3B

Real Time Net Worth
as of 4/20/2024
-$53.4M (-0.52%)

# 205 Vincent Bolloré 

$10.3B

Real Time Net Worth
as of 4/20/2024
-$53.4M (-0.52%)
OccupationChair and CEO, Bolloré
Source of WealthInvestments
Age72
ResidenceParis, France
Marital StatusMarried
Children4
EducationLLB, Universite Paris X Nanterre
Age-Adjusted Net Worth$4.57B
Vincent Bolloré
Vincent Bolloré
France
Net worth: $10.3B

Self-Made Score 

Wealth History

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Biography

Early Life

Vincent Bolloré, born on April 1, 1952, is a French billionaire businessman.
Born in Boulogne-Billancourt, attended Lycée Janson-de-Sailly, and graduated with a business degree from Université Paris X Nanterre.
Started career as an investment bank trainee at Edmond de Rothschild.

Career Highlights

Took control of the family conglomerate Bolloré in 1981, transforming it into a global giant.
Bolloré Group operates in media, advertising, shipping, construction, and logistics.
Owns a majority stake in the telecom conglomerate Vivendi.
Well-known corporate raider in France, involved in power struggles with companies like Bouygues and Ubisoft.
Built a stake in Havas, becoming its largest single shareholder, and replaced the CEO in 2005.
Expanded media interests by launching Direct 8 television station and acquiring Aegis.
Invested in Pininfarina, Telecom Italia, and Mediaset as Vivendi president.
Key positions in former French colonies in Africa, with an indictment in 2018 for corruption charges.

Personal Life

Has four children from his first union and adopted one child in his current union.
Companion of Anaïs Jeanneret, a French writer.
Close personal friend of former French President Nicolas Sarkozy for over 20 years.

Media Engagement

Main shareholder of Vivendi media group with a 10% stake in Universal Music Group.
Directly owns another 18% of Universal Music Group.
Invested in various TV stations, newspapers, and acquired Europe 1 radio station in 2022.

Controversies

Faced defamation lawsuit in April 2016 against Bastamag for reporting human rights issues on Liberian plantations.
Pleaded guilty in January 2021 for providing communication services worth €370,000 to Togo's president during campaigns.
C8 channel, owned by Bolloré, faced integrity controversies, sanctions, and public insults directed at him in September 2022.

How long would it take you to become as rich as Vincent Bolloré?

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 Vincent Bolloré's net worth of $10.3B.

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.

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

Vincent Bolloré 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 Vincent Bolloré, Investments 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