Jean Claude Gandur’s profile picture

Jean Claude Gandur

Jean Claude Gandur’s profile picture
Net worth 2018: $2.1 Billion
Industry: Energy
Country: Switzerland
BirthDay: 18 February 1949
Sigh: Pisces
Children: 1
BIOGRAPHY

Jean Claude Gandur was bornon 18 February 1949 in Switzerland. Swiss tycoon held IPO of oil venture Oryx Petroleum in 2013. Toronto-listed company is developing big finds in Iraq's Kurdistan region and drilling for more. Unfortunately the slide in oil prices knocked 50% off Oryx shares in the six months to February 2015. Gandur got his start in oil trading. Later through control of the Addax & Oryx Group he parlayed contacts in Africa into oilfields in Nigeria and a vast network of fuel storage and distribution assets across Sub-Saharan Africa. Was among the very first movers into Iraq. Sold publicly traded Addax Petroleum to Sinopec for $7.3 billion in 2009, but still operates a vast fuel distribution business in sub-Saharan Africa. Despite European parents, Gandur grew up in Egypt and has one of the world's best private collections of Egyptian antiquities. Obsessive collector also has horde of post-War European art, ancient European artifacts, clocks and furniture.

NET WORTH STATISTIC
2010

$1.9 Billion

2011

$2 Billion

2012

$2 Billion

2013

$2.1 Billion

2014

$2.3 Billion

2015

$2.1 Billion

2018

$2.1 Billion

TIMELINE
2013

His new Toronto-listed oil company Oryx Petroleum held its IPO in 2013, and it is developing large oilfields in Iraqi Kurdistan

2009

He was Chairman and CEO of Addax Petroleum until its takeover by Sinopec Group in August 2009 for $7

1949

Jean Claude Gandur was born in Grasse, France in 1949

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