Michel Chalhoub’s profile picture

Michel Chalhoub

Michel Chalhoub’s profile picture
Net worth 2018: $1.68 Billion
Residence: Dubai, United Arab Emirates
Country: France
BirthDay: 1931
Children: 2
BIOGRAPHY

Michel Chalhoub was bornon 1931 in Dubai, United Arab Emirates, France. Michel Chalhoub is #1499 in List Billionaires People In The World. Michel Chalhoub started a business licensing foreign brands in Damascus, Syria in 1955. The firm initially began with the rights to sell just three French brands, Christofle, Baccarat and Jean Patou. Today the Chalhoub Group, now based in Dubai and run by sons Anthony and Patrick, employs more than 12,000 people in 14 countries. The company runs a network of 650 retail stores with fashion and cosmetics lines including Chanel, Louis Vuitton and Christian Louboutin, across the Middle East.

NET WORTH STATISTIC
2014

$1.4 Billion

2015

$2.2 Billion

2016

$1.7 Billion

2017

$1.6 Billion

2018

$1.68 Billion

TIMELINE
1955

Michel and Widad Chalhoub started their business in Damascus, Syria in 1955, and moved HQ to Lebanon, Kuwait and then Dubai, controlling about 20% of the region's market in luxury goods

1931

Michel Chalhoub (born 1931/1932) is a French billionaire, founder of the Chalhoub Group

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