Pierre Papillaud’s profile picture

Pierre Papillaud

Pierre Papillaud’s profile picture
Net worth 2018: $1.2 Billion
Country: France
BirthDay: 1 July 1935
Sigh: Leo
Died On: 13/06/2017
BIOGRAPHY

Pierre Papillaud was bornon 1 July 1935 in France. Pierre Papillaud owes his fortune to mineral water. Roxane, which he has led since 1959 (five years after its founding) now turns out 4 billion bottles a year, mostly under its well-known Mont Blanc and Cristaline brands. According to the company, Cristaline is the most popular drink in France, served in more than half of all French homes. The company's products are also sold in 69 other countries, across five continents. Through holding company Alma, Papillaud owns 51% of Roxane, which has estimated sales of more than $1 billion; he sold 49% to Otsuka Pharmaceutical, the Japanese producer of Pocari Sweat sports drink, for nearly $1.2 billion, in 2008.

NET WORTH STATISTIC
2014

$1.6 Billion

2015

$1.2 Billion

2016

$1.2 Billion

2018

$1.2 Billion

TIMELINE
2017

Papillaud lived in Paris, France, until his death on 13 June 2017

2016

In September 2016, the New York Times reported that Pierre Papillaud demanded that the town of Weed, California give up its only water source so that Papillaud's bottle water company could have more water to sell as Cristaline

2008

In 2008, he sold the other 49% to the Japan-based Otsuka Pharmaceutical for US$1

1935

Pierre Bernard Papillaud (1 July 1935 – 13 June 2017) was a French billionaire businessman

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