François Pinault
French businessman
François Pinault
François Pinault is a French businessman who runs the retail company PPR. He is a friend of former French President Jacques Chirac.
Biography
François Pinault's personal information overview.
{{personal_detail.supertitle}}
{{personal_detail.title}}
{{personal_detail.title}}
Relationships
View family, career and love interests for François Pinault
Show More Show Less
News
News abour François Pinault from around the web
What Makes Art Dealers Successful and How They Drive the Market
Huffington Post - 10 days
Larry Gagosian, Daniel Templon, David Zwirner, and Arne Glimcher are the top art dealers to date. Undoubtedly successful, with Gagosian's revenue hitting $925 million, how much influence do they have on the art market? A lot. These top art dealers have major billionaires and new money individuals as their clients. What makes them successful is their expertise in the art market as well as being a great salesperson. A good repertoire of clients is a must, but so is the ability to maintain and continuously sell to the same circle of clients time and time again. To do so, they must understand each client on a personal level, what they like and dislike, buying and selling behavior, and tastes. They must also understand whether or not the client is buying art for investment or lifestyle value, especially since art is becoming increasingly commercialized and buying art is no longer all about taste. Instead, it is treated increasingly as a tradeable asset, specifically by buyers under the a ...
Article Link:
Huffington Post article
A prime site for François Pinault's Paris museum
Yahoo News - 10 months
The French billionaire businessman and art collector François Pinault and the city of Paris have agreed on a site for a museum to house some of his collection of modern and contemporary art -- a former commodities exchange in the center of town. Pinault has long wanted such a showcase for his collection -- comprising more than 3,000 works of art -- in Paris. More than ten years ago, he was ready to build one on Île Seguin, an island in the Seine just southwest of Paris.
Article Link:
Yahoo News article
New Paris museum for one of world's top art collections
Yahoo News - 10 months
One of the world's biggest private art collections, amassed by French billionaire Francois Pinault, is to be housed in a new Paris museum a stone's throw from the Louvre, the city's mayor said Wednesday. Luxury goods mogul Pinault, who also owns the auction house Christie's, is taking over the domed Bourse de Commerce in the centre of the French capital to show his 1.4-billion-dollar (1.2-billion-euro) collection of modern masters. Mayor Anne Hidalgo, who negotiated the deal, described the museum as "an immense gift to the heart of Paris".
Article Link:
Yahoo News article
French magnate finally finds Paris home for artworks
Yahoo News - 10 months
By Laetitia Volga PARIS (Reuters) - French luxury goods magnate Francois Pinault is finally achieving his ambition of opening a museum in Paris to house his vast private art collection a decade after he ditched previous plans over red tape and opened a gallery in Venice instead. Pinault, a self-made billionaire who soon turns 80, is considered one of the world's biggest collectors of modern art with some 3,000 works produced by the likes of Damien Hirst, Jeff Koons and Takashi Murakami. The museum, to be located at the Bourse de Commerce building, a former grain exchange in a part of Paris synonymous with a bygone era of inner-city food wholesale markets, is set to open in 2018 under a deal with the city.
Article Link:
Yahoo News article
Dan Loeb’s doomed Sotheby’s campaign
Reuters.com - over 3 years
Dan Loeb is going to lose his latest fight, at Sotheby’s. That’s because it’s a Sony, not a Yahoo. To recap: on Monday, Loeb filed his broadside against the auction house, where he said that he holds a 9.3% stake in the company, and called for the resignation of Bill Ruprecht, its chairman and CEO. It’s worth comparing Loeb’s letter to Sotheby’s with his May letter to Sony, or his September 2011 letter to Yahoo. The tone of Loeb’s Sotheby’s letter is significantly harsher than the tone he took with either Sony or Yahoo: in those cases, while he was critical, he avoided getting personal in the way he’s doing with Ruprecht. Loeb’s latest attack, by contrast, concentrates on things like Ruprecht’s salary, and the amount of money managers spend at swanky restaurants — juicy details, to be sure, but hardly of strategic importance. That kind of ad hominem attack was never going to be well received — and today Sotheby’s announced, to no one’s surprise, that it was retaliating with a cla ...
Article Link:
Reuters.com article
Oversized Balloon Dog Sculpture By Jeff Koons May Fetch $55 Million
Huffington Post - over 3 years
Jeff Koons, the father of shiny balloon dog sculptures, is used to smashing records at auction. His last oversized, exceedingly glossy work of art sold for a whopping $33.7 million at Sotheby's, a record for the kitsch-happy artist. But a new Koonsian piece is hitting the bidding block this fall, poised to blow the reigning "Tulips" out of the water. The sculpture, titled "Balloon Dog (Orange)", is heading to Christie's in New York City, boasting an estimated price tag between $35 million and $55 million. The 12-foot tall stainless steel artwork -- which, if you hadn't already guessed, looks like a massive novelty children's toy -- will be sold on behalf of the Brant Foundation Art Study Center in Greenwich, Connecticut. It is one of five metallic dog pieces crafted by Koons (or, more likely, his art assistants). The other dogs are yellow, blue, magenta and red, owned by big-name businessmen Steven A. Cohen, Eli Broad, François Pinault and Dakis Joannou, respectively. "Koons ha ...
Article Link:
Huffington Post article
Michael Kurcfeld: Venice Biennale Highlight: LACMA's Michael Govan Talks About "Prima Materia" and Global Art
Huffington Post - over 3 years
Punta della Dogana and Palazzo Grassi The Venice Biennale is the mother of all art gatherings, a months-long and city-wide celebration of international art that is blessedly cleansed of hard-sell commerce -- in one of the world's most mesmerizing towns. In recent years, two of its most prominent exhibition spaces -- Palazzo Grassi and Punta della Dogana (one a grand Neoclassical manse, the other a sprawling customs house smack at the entrance to the Grand Canal) -- have been adapted by architect Tadao Ando to be added to the local stage by a French potentate who needed a proper showcase for his ever more ambitious collection of postwar and contemporary art. François Pinault is a billionaire whose vast holdings include Gucci, Christie's, Converse and Vail Ski Resort. Michael Govan, the galvanizing and charismatic director of LACMA, is a respected art administrator and curator who used to run DIA Art Foundation in New York. The two men met over a mutual love for a w ...
Article Link:
Huffington Post article
Collecting Art With François Pinault
Wall Street Journal - over 3 years
As Venice's Palazzo Grassi hosts its first exhibition devoted to a single artist, François Pinault open up about the rejuvenating power of contemporary art.
Article Link:
Wall Street Journal article
Hermès and LVMH 'handbag war' escalates
Guardian (UK) - over 3 years
Luxury brands come before French stock-market regulator in dispute over Bernard Arnault's stake in Hermès The luxury French fashion label Hermès prides itself on assisting wealthy people who have run out of gift ideas: Nicolas Sarkozy once gave Barack Obama a €6,000 (£5000) black Hermès golfing bag, the Duke of Windsor ordered a custom-made patent leather wheelbarrow for Wallis Simpson and the Queen was once known to be very fond of the label's gloves. But when it comes to offering itself on a plate to eager tycoons building fashion empires, Hermès is rather more circumspect. The family firm, which began as a harness-maker in the 19th century and is the last major independent luxury fashion house to resist the onslaught of multinationals and conglomerates, has escalated a dispute known as the "handbag wars" that has shaken the Paris luxury goods world. The standoff between Hermès and its rival LVMH, the owner of Louis Vuitton and Dior, was played out at a hearing before France's st ...
Article Link:
Guardian (UK) article
Collecting Art With François Pinault
Wall Street Journal - almost 4 years
As Venice's Palazzo Grassi hosts its first exhibition devoted to a single artist, François Pinault open up about the rejuvenating power of contemporary art.
Article Link:
Wall Street Journal article
Susan Michals: Jonathan Wateridge, British Painter, Talks Los Angeles, Gerhard Richter and Diego Velázquez
Huffington Post - about 4 years
(Boy on Wall, by Jonathan Wateridge. Oil on linen Photo courtesy of L&M Arts/Fredrik Nilsen) Realist paintings in Los Angeles are a hard sell these days. More often than not, abstract, street, and nouveau surrealism seem to be the norm along the corridors of La Cienega and Washington Boulevards. So the fact that L&M Gallery decided to go with a realist painter -- let alone an artist with virtually no reach in the American market -- seemed like it could be not only a critical risk, but a financial one as well. But British painter Jonathan Wateridge -- despite initially walking away from painting for nearly 15 years -- has in a few short years earned quite a following, with names like Saatchi, Olbricht and Taschen as collectors. Then in 2011, Francois Pinault (who originally saw the artist's work at All Visual Arts in a group show in 2009) together with his curator, Caroline Bourgeois, bought a series of Wateridge works (Another Place) and showed them at the Palazzo ...
Article Link:
Huffington Post article
Tracey Harnish: 'It's Like Intensive Therapy Without A Therapist'
Huffington Post - about 4 years
Llyn Foulkes. Who's on Third?, 1971-73. Oil on canvas. 48 x 39 in. (121.9 x 99.1 cm). John Jones Collection. One thing that I cannot transcribe from my interview with Llyn Foulkes is his sense of humor. Throughout our conversation, his wry take on the art world, corporate influence and his own foibles, kept making me laugh. While he can appear critical of the world around him, he is also the first to point out his own missteps. Foulkes is famous for being an iconoclast, going his own way and not playing the games one associates with the typical networking and shoulder rubbing that goes on in any arts field, especially in LA where image is so important. Foulkes career started with shows at Ferrus Gallery, Pasadena Art Museum and Oakland Art Museum, but his career faltered after being an essential part of MOCA's Helter Skelter show in 1992. For years, local artists knew that Foulkes was not getting the recognition he deserved. Foulkes told me that, because his work was ...
Article Link:
Huffington Post article
French Businessman Buys $16.5 Million Bel Air Estate
Wall Street Journal - about 4 years
French businessman François Pinault buys a $16.5 million Bel Air estate; William Koch buys Rachel "Bunny" Mellon's Cape Cod compound for $19.5 million; Howard Marks sells his Malibu, Calif., home for a record $75 million.
Article Link:
Wall Street Journal article
Businessman François Pinault Buys $16.5 Million Bel Air Estate
Wall Street Journal - about 4 years
A French luxury goods magnate has paid $16.5 million for a 6,400-square-foot home in Bel Air, an exclusive section of Los Angeles. The seller was Ronnie Sassoon, widow of hair industry tycoon Vidal Sassoon.
Article Link:
Wall Street Journal article
Yasmine Mohseni: The French Do It Better: FIAC Week in Paris
Huffington Post - over 4 years
Last week, the international art crowd arrived from near and far for Paris' Foire Internationale d'Art Contemporain (FIAC). Art fairs can often be a rather dull enterprise with long days spent inside window-less convention halls and a steady stream of mostly average and sometimes engaging art. But this fair was pulsing with energy and -- according to many dealers -- actual sales. Art Basel, Art Basel Miami Beach and Frieze London are arguably the most important art fairs in the world but it seems Paris is carving out a place for itself in the contemporary art arena. The city of lights isn't just about dead artists anymore. >FIAC in Le Grand Palais Asparagus sculpture by Patrick Laroche, part of FIAC's public art initiative I enjoyed a busy week of darting about town from gallery visits to evening events. It all started with a rainy Sunday trek to Pantin for a brunch celebrating the much-anticipated opening of Thaddaeus Ropac's new 50,000-square-foot exhibition ...
Article Link:
Huffington Post article
PPR CEO 'uber optimistic' on economy
Ft.com Financial Times Blogs - over 4 years
From the FT Business of Luxury Summit in Morocco, François Pinault, CEO of PPR, one of the world's biggest luxury companies, tells FT editor Lionel Barber why he's very optimistic on the prospects for the luxury industry, China and the world economy.
Article Link:
Ft.com Financial Times Blogs article
Salma Hayek Chosen to Receive French Knighthood
Ace Showbiz - about 5 years
The ' Savages' actress will be inducted into the Legion d'Honneur with the rank of Chevalier or Knight as her father-in-law <a class="fplink fp-85928" href="/francois+pinault">François Pinault</a> is promoted into the rank of Grand Officer.
Article Link:
Ace Showbiz article
Hershey Fudges Labor Relations Image - Forbes
Google News - over 5 years
... climbed inside the hidden chamber in the home of an antiquarian arms and armor dealer atop San Francisco&#39;s Telegraph Hill, and sipped Chateau Latour with one of Picasso&#39;s grandsons in the Venice art museum of French tycoon François Pinault
Article Link:
Google News article
Timeline
Learn about memorable moments in the evolution of François Pinault
    FORTIES
  • 2006
    Age 42
    In 2006 he obtained the ownership of Palazzo Grassi in Venice to display the collection.
    More Details Hide Details He has collected works by Damien Hirst. He has three children, including son Francois-Henri, who manages the company founded by his father. According to Forbes List of billionaires he is ranked 65th in the world, with an estimated fortune of US$13.7 billion (April 2015).
    He owns one of the largest collections of contemporary art worldwide. On the magazine ArtReview's 2006 list of most powerful people in modern art he was ranked in first place.
    More Details Hide Details
  • THIRTIES
  • 2001
    Age 37
    In December 2001, jurors in a high-profile New York City courtroom found Taubman guilty of conspiracy.
    More Details Hide Details He served a year and a day in prison and Mrs. Brooks got 3 months of home confinement and a penalty of $350,000. This was enforced by world-renowned expert Prof. Sam Godfrey. International law permitted Christie's to avoid prosecution (other than civil penalties).
  • 1998
    Age 34
    In 1998, he purchased a majority share of Christie's auction house.
    More Details Hide Details In February 2000, A. Alfred Taubman, majority shareholder of rival company Sotheby's stepped down amid a scandal after the Federal Bureau of Investigation had investigated commission-fixing between the two companies. Pinault was not implicated, but rather it was his actions which precipitated the scandal. He fired Christie's CEO Christopher Davidge over an allegation of extravagant spending. Davidge then admitted the collusion, which had gone on since about 1995, to Artemis CEO Patricia Barbizet. In October 2000, Sotheby's CEO Diana Brooks admitted her guilt in hopes of receiving a reduced sentence and implicated Taubman.
  • OTHER
  • 1936
    Age -28
    Born on August 21, 1936.
    More Details Hide Details
Original Authors of this text are noted here.
All data offered is derived from public sources. Spokeo does not verify or evaluate each piece of data, and makes no warranties or guarantees about any of the information offered. Spokeo does not possess or have access to secure or private financial information. Spokeo is not a consumer reporting agency and does not offer consumer reports. None of the information offered by Spokeo is to be considered for purposes of determining any entity or person's eligibility for credit, insurance, employment, housing, or for any other purposes covered under the Fair Credit Reporting Act (FCRA)