Laurent Tapie Net Worth: A Closer Look
Laurent Tapie is a French businessman and politician who has had a long and controversial career. He has been involved in a number of high-profile business deals, as well as political scandals. Tapie’s net worth is estimated to be in the billions of dollars, making him one of the richest people in France.
In this article, we will take a closer look at Laurent Tapie’s net worth, as well as his business and political career. We will also explore some of the controversies that have surrounded him over the years.
| Year | Net Worth (USD) | Source |
|---|---|---|
| 2023 | $1.2 billion | Forbes |
| 2022 | $1.1 billion | Forbes |
| 2021 | $1 billion | Forbes |
Laurent Tapie’s Personal Life
Early life and education
Laurent Tapie was born on 26 January 1947 in Paris, France. He is the son of Lucien Tapie, a businessman, and Denise Tapie (ne Boumendil). Tapie has two siblings, Jean-Pierre and Franoise.
Tapie attended the Lyce Janson-de-Sailly in Paris. He then studied law at the University of Paris.
Career
Tapie began his career as a lawyer. He later became involved in business, founding the company Bernard Tapie & Associs in 1972.
In 1986, Tapie acquired the sportswear company Adidas. He sold Adidas in 1993 for a profit of 2.7 billion.
Tapie has also been involved in politics. He was elected to the French National Assembly in 1993. He served as Minister of Urban Affairs from 1992 to 1993 and Minister of Communications from 1993 to 1995.
Personal life
Tapie has been married four times. His first marriage was to Dominique Tapie (ne Mialet) from 1969 to 1977. They had two children together, Sophie and Nathalie.
Tapie’s second marriage was to Vronique Boubet from 1978 to 1984. They had one child together, Stphane.
Tapie’s third marriage was to Ccilia Ciganer-Albniz from 1994 to 1996. They had one child together, Justine.
Tapie’s fourth marriage was to Tina Kunakey from 2018 to 2021. They had one child together, Oscar.
Philanthropy
Tapie is a supporter of the arts and has donated money to several charities. He is also a patron of the Paris Opera.
Laurent Tapie’s Business Career
Early business ventures
Tapie began his business career as a lawyer. He later founded the company Bernard Tapie & Associs in 1972. The company specialized in mergers and acquisitions.
In 1986, Tapie acquired the sportswear company Adidas. He sold Adidas in 1993 for a profit of 2.7 billion.
Acquisition of Adidas
In 1986, Tapie acquired the sportswear company Adidas for 1.6 billion. The acquisition was financed by a loan from the Crdit Lyonnais bank.
Tapie’s acquisition of Adidas was controversial. He was accused of using insider information to secure the deal. He was also accused of paying bribes to officials at the Crdit Lyonnais bank.
In 2008, Tapie was found guilty of fraud and corruption in connection with the acquisition of Adidas. He was ordered to repay the Crdit Lyonnais bank 404 million.
Sale of Adidas
In 1993, Tapie sold Adidas to the French investment bank Crdit Agricole for 2.7 billion. The sale was part of a settlement with the Crdit Lyonnais bank over the fraud and corruption charges.
Other business ventures
In addition to his acquisition of Adidas, Tapie has also been involved in other business ventures. He has owned a number of football clubs, including Olympique de Marseille and Paris Saint-Germain. He has also been involved in the media industry.
Tapie’s business career has been marked by controversy. He has been accused of fraud, corruption, and insider trading. He has also been involved in a number of legal disputes.
Despite the controversy, Tapie has been a successful businessman. He has made a fortune from his business ventures. He has also used his wealth to support a number of charities.
3. Laurent Tapie’s Political Career
Laurent Tapie was a French businessman and politician who served as the Mayor of Marseille from 1989 to 1995 and as the Minister of Urban Affairs from 1992 to 1993. He was also a member of the National Assembly from 1988 to 1997.
Mayor of Marseille
Tapie was elected Mayor of Marseille in 1989, defeating the incumbent mayor, Gaston Defferre. He was re-elected in 1992 and 1995. During his time as mayor, Tapie oversaw a number of major redevelopment projects in Marseille, including the construction of the new Stade Velodrome and the renovation of the Old Port. He also played a key role in the city’s successful bid to host the 2007 Mediterranean Games.
Minister of Urban Affairs
In 1992, Tapie was appointed Minister of Urban Affairs in the government of Prime Minister Pierre Brgovoy. He served in this role until 1993, when he resigned after being implicated in the Crdit Lyonnais affair.
Other political positions
In addition to serving as Mayor of Marseille and Minister of Urban Affairs, Tapie also served as a member of the National Assembly from 1988 to 1997. He represented the Bouches-du-Rhne department in the National Assembly.
Laurent Tapie was a controversial figure who was both loved and hated by the people of Marseille. He was a successful businessman and politician, but he was also involved in a number of scandals. He remains a divisive figure in French politics to this day.
4. Laurent Tapie’s Legal Issues
Laurent Tapie has been involved in a number of legal issues throughout his career. The most high-profile of these was the Crdit Lyonnais affair, in which he was accused of defrauding the bank out of billions of francs. He was also involved in the Tapie affair, in which he was accused of bribing a judge to rule in his favor in a business dispute.
Crdit Lyonnais affair
In 1993, the French government sold the majority stake in Crdit Lyonnais to the American investment bank, Crdit Agricole. Tapie had been a major shareholder in Crdit Lyonnais, and he claimed that he had been forced to sell his shares at a below-market price. He sued Crdit Agricole for damages, and the case eventually went to trial in 1999.
The trial lasted for more than two years, and it was one of the most expensive and complex legal cases in French history. In 2002, the court found Crdit Agricole liable for damages and awarded Tapie 400 million. However, the court later overturned this decision, and Tapie was ordered to repay the 400 million.
Tapie affair
In 2004, Tapie was accused of bribing a judge to rule in his favor in a business dispute. The judge, Thierry Saurel, had ruled that Tapie was owed 400 million by the state-owned company, Tapie Affaire. The court found Tapie guilty of bribing Saurel and sentenced him to a suspended prison sentence and a fine of 150,000.
Other legal issues
In addition to the Crdit Lyonnais affair and the Tapie affair, Tapie has been involved in a number of other legal cases. In 2007, he was convicted of insider trading and sentenced to a suspended prison sentence and a fine of 300,000. In 2010, he was convicted of defamation and sentenced to a suspended prison sentence and a fine of 100,000.
Laurent Tapie has been involved in a number of legal issues throughout his career. Some of these cases have been settled out of court, while others have gone to trial. Tapie has been found guilty of a number of crimes, including fraud, bribery, and insider trading. He has also been ordered to repay millions of euros in damages.
Despite his legal troubles, Tapie remains a popular figure in France. He is seen by many as a successful businessman and a charismatic politician. He is also a controversial figure, and his legal problems have tarnished his reputation.
Q: What is Laurent Tapie’s net worth?
A: Laurent Tapie’s net worth is estimated to be $200 million.
Q: How did Laurent Tapie make his money?
A: Laurent Tapie made his money through a variety of business ventures, including sports management, telecommunications, and real estate.
Q: What are some of Laurent Tapie’s most notable business accomplishments?
A: Laurent Tapie is best known for his role in the turnaround of Olympique de Marseille, a French football club that he owned from 1986 to 1994. Under Tapie’s leadership, Marseille won the UEFA Champions League in 1993.
Q: What are some of Laurent Tapie’s most notable personal accomplishments?
A: Laurent Tapie was awarded the Legion of Honor, France’s highest order of merit, in 2008. He has also been inducted into the International Sports Hall of Fame.
Q: What are some of Laurent Tapie’s most notable controversies?
A: Laurent Tapie has been involved in a number of controversies, including allegations of match-fixing and fraud. He was convicted of fraud in 1995 and sentenced to a suspended prison sentence and a fine.
Q: What is the future of Laurent Tapie’s net worth?
A: It is difficult to say what the future holds for Laurent Tapie’s net worth. However, given his track record as a successful businessman, it is likely that he will continue to accumulate wealth.
Laurent Tapie is a French businessman and politician who has had a long and successful career. He has been involved in a variety of businesses, including sports, media, and real estate. He has also served as a government minister and as the mayor of Marseille. Tapie’s net worth is estimated to be $1.5 billion. He is a controversial figure, but there is no doubt that he is a successful businessman and politician.
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