Francois Pinault’s Artemis SA holding company, through which he controls PPR and its luxury goods brands including Gucci and Yves Saint Laurent, went back on trial in a $4 billion California junk-bond case.
French billionaire Francois Pinault, owner of Bordeaux first-growth wine estate Chateau Latour on the left bank of the Gironde estuary, is buying a stake in three vineyards on the right bank, Sud Ouest said.
French billionaire Francois Pinault’s holding company Artemis SA agreed to pay American International Group Inc.’s SunAmerica unit $62.5 million to settle a lawsuit over an investment in a California insurer.
Bloomberg Markets’ inaugural list of the world’s richest people showcases the billionaires who pull the levers on the global economy. Their net worth totals $2.7 trillion, about the size of the gross domestic product of France, the fifth-biggest economy on the planet.
A sculpture of 100 fish by Damien Hirst was snapped up with a price tag of $2.8 million. A Takashi Murakami painting of a Chinese lion dog and two works by Louise Bourgeois were also hitting the $2 million mark in Paris.