Arnaud lagardere - 10 things to know with detail
- 1. Arnaud Lagardère is a French businessman who is the CEO of the Lagardère Group, a multinational media conglomerate.
- 2. He was born on March 18, 1961 in Boulogne-Billancourt, France.
- 3. Lagardère took over the family business in 2003 after the death of his father, Jean-Luc Lagardère.
- 4. Under his leadership, the Lagardère Group has diversified its business interests to include publishing, multimedia, and sports management.
- 5. Lagardère has faced criticism for his management style and decisions, including the sale of several key assets such as the magazine division of Hachette Filipacchi Médias.
- 6. He has also been involved in various legal battles, including a high-profile dispute with activist investor Amber Capital over the company's strategy and governance.
- 7. Lagardère is known for his love of sports, particularly tennis, and has been involved in the management of several high-profile athletes.
- 8. He has also been a major supporter of cultural institutions in France, including the Louvre Museum and the Palace of Versailles.
- 9. Lagardère has been ranked among the richest people in France, with an estimated net worth of over $2 billion.
- 10. Despite his success, Lagardère has faced challenges in recent years, including a decline in the company's stock price and ongoing pressure from shareholders to improve performance.