Pierre Papillaud

Pierre Papillaud
Born 1935/1936 (age 80–81)[1]
Saint-Quentin-de-Chalais, Charente, Aquitaine-Limousin-Poitou-Charentes, France
Residence Paris, France
Occupation Businessman
Net worth US$1.31 billion (2016)[1]

Pierre Papillaud (born c. 1936) is a French billionaire businessman.

Early life

Pierre Papillaud was born circa 1936 in Saint-Quentin-de-Chalais, a small village in Charente.[2] His grandmother owned two cows.[2] During World War II, his father, who served as an officer in the French Army, was caught by the Nazis in Belgium.[2]

Career

A bottle of Cristaline water.

Papillaud owns 51% of the Alma Group,[1][3] which sells mineral water under the brandnames of Cristaline, MontBlanc, Saint-Yorre, Rozana, Chateldon and Vichy Célestins.[4] In 2008, he sold the other 49% to the Japan-based Otsuka Pharmaceutical for US$1.2 billion.[1]

According to Forbes, he is worth an estimated US$1.31 billion as of 2016.[1]

In April 2016, Papillaud's name was mentioned in the Panama Papers through a power-of-attorney for Krewitt, a company based in the British Virgin Islands.[5]

Personal life

Papillaud resides in Paris, France.[1]

References

  1. 1 2 3 4 5 6 "The World's Billionaires: #1476 Pierre Papillaud". Forbes. Retrieved April 17, 2016.
  2. 1 2 3 Huord, Pascal (January 13, 2016). "PIERRE PAPILLAUD: UN PATRON QUI FAIT DES BULLES". Charente Libre. Retrieved April 17, 2016.
  3. "Pierre Papillaud et sa famille". Challenges. Retrieved April 17, 2016.
  4. Parrino, Béatrice (December 15, 2015). "Le roi de l'eau se met à table". Le Point. Retrieved April 17, 2016.
  5. "«Panama Papers»: Une quinzaine de grandes fortunes françaises liées à des sociétés offshore". 20 Minutes. April 9, 2016. Retrieved April 17, 2016.
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