Martin & Olivier Bouygues: Net Worth and Business Ventures
Martin and Olivier Bouygues, prominent French businessmen, boast a considerable net worth of $4.1 billion. These brothers own over 21% of the diversified industrial conglomerate Bouygues Group, which was established by their father, Francis Bouygues, in 1952. The company spans several sectors including construction, telecommunications, and media.
Bouygues Group and Major Projects
Martin Bouygues began his career as a supervisor and has ascended to the position of chairman and CEO. Olivier serves as the deputy chief executive and CEO of their holding company, SCDM. The Bouygues Group has spearheaded numerous high-profile construction projects worldwide:
- Hassan II Mosque in Casablanca
- University of Riyadh in Saudi Arabia
- English Channel Tunnel
- Kwun Tong viaduct in Hong Kong
- Various motorways in Hungary
- Sydney CityRail airport link
Bouygues Telecom and Business Expansion
Bouygues Telecom saw a significant rise in 2013 when the parent company injected substantial investment to foster expansion amidst fierce competition. This strategic move bolstered the company's market presence and growth prospects within the telecommunications sector.
Chateau Montrose and Other Ventures
Beyond their core business, Martin and Olivier own the renowned vineyard Chateau Montrose, acquired in 2006. This venture into viticulture has seen them produce and sell high-quality wine, enhancing their business portfolio.
Personal Connections and Achievements
Martin Bouygues is notably a close friend of former French President Nicolas Sarkozy, and even serves as the godfather to Sarkozy's son. In recognition of his significant contributions, Martin was awarded the prestigious Legion d'honneur in July 2010.
According to Forbes, the Bouygues brothers were ranked 12th among the richest individuals in France as of March 2013.
