Patrick Drahi

$8.17 B

Ranked #419 in World

About Patrick Drahi

Telecom tycoon Patrick Drahi, born on August 20, 1963, in Casablanca, seamlessly scaled industrial heights after harnessing an engineering degree from École Polytechnique and furthering his expertise at Télécom Paris. Launching Sud Câble Services in 1994, Drahi's ambitious strides led to the inception of Altice in 2001, a major player in the acquisition of European communication assets. Notably steering Numericable to assimilate SFR in 2013, his empire expanded to own renowned entities like Israel's HOT and the influential i24news. The acquisition streak continued with a bold foray into the US market via Altice USA. Drahi's diverse portfolio, including the 2019 purchase of Sotheby's, elevates his net worth to an impressive $4.9 billion. Establishing a philanthropic footprint with the Patrick and Lina Drahi Foundation, Drahi, now a resident of Geneva, holds multiple citizenships reflecting his global influence in the telecom sector.

Born

August 20, 1963 in Casablanca, Morocco

Age

62 years

Source Of Wealth

Telecom

Industries

Telecom

Citizenship

France

Residence

Zermatt

Spouse

Lina Nazirah Zenie

Children

Patrick Drahi was born on August 20, 1963, in Casablanca, Morocco, to a Jewish family. His early years were spent in a close-knit community, where he developed a strong sense of family and cultural heritage.

Patrick Drahi: Family

Patrick Drahi is married to Lina Nazirah, and together they have four children. The family resides in Geneva, Switzerland, where Drahi has established his business headquarters.

Patrick Drahi: Career Highlights

Drahi's career in telecommunications began in 1986 when he joined Philips as a fiber optics researcher. In 1994, he founded Sud Câble Services in France, which he later sold to UPC in 1998. This marked the beginning of his entrepreneurial journey in the cable and telecommunications industry.

In 2001, Drahi founded the holding company Altice ATCE.AS, which became a key player in acquiring European cable companies. He established Numericable, a French cable operator, and made a significant move by acquiring SFR, the second-largest mobile phone and internet provider in France, from Vivendi in 2013.

Drahi's expansion continued as he acquired the Israeli cable television company HOT and founded the international news channel i24news in 2013. Seeking opportunities in the American market, he purchased Suddenlink Communications and Cablevision, renaming the combined entity Altice USA.

In 2019, Drahi made a notable acquisition by purchasing Sotheby's, the renowned auction house. This move demonstrated his diverse business interests beyond telecommunications.

Patrick Drahi: Companies

Patrick Drahi's business ventures have led to the establishment of several prominent companies. These include:

Altice ATCE.AS: A holding company that owns various telecommunications and media assets.
Numericable: A French cable operator.
SFR: The second-largest mobile phone and internet provider in France.
HOT: An Israeli cable television company.
i24news: An international news channel.
Altice USA: A telecommunications company formed by the merger of Suddenlink Communications and Cablevision.
Sotheby's: A renowned auction house.

Patrick Drahi: Major Achievements

Drahi's entrepreneurial success has resulted in several major achievements:

Building Altice into a global telecommunications and media conglomerate.

Acquiring SFR, making Altice the largest cable operator in France.
Expanding into the American market with the acquisition of Suddenlink Communications and Cablevision.
Purchasing Sotheby's, diversifying his business portfolio.

Patrick Drahi: Awards & Achievements

Drahi's contributions to the telecommunications industry have been recognized through various awards and achievements:

Named "Entrepreneur of the Year" by Ernst & Young in 2014.
Received the "Legion of Honour" award from the French government in 2016.
Ranked among the world's billionaires by Forbes magazine.

Patrick Drahi: Personal Life & Legacy

Patrick Drahi is known for his philanthropic efforts through the Patrick and Lina Drahi Foundation, which supports various causes, including education, healthcare, and cultural initiatives. He holds citizenship in Israel, Portugal, and previously France.

Patrick Drahi: Trivia

Drahi is a polyglot, fluent in French, English, Hebrew, Portuguese, and Arabic.
He is an avid art collector and owns a significant collection of modern and contemporary art.
Drahi is a sports enthusiast and has invested in several sports clubs, including the Portuguese football club Benfica.

Wealth History

Timeline

August 20, 1963

Patrick Drahi was born in Casablanca, Morocco, to a Jewish family.

1986

Started his career as a fiber optics researcher at Philips.

1994

Founded Sud Câble Services in France, which he later sold to UPC in 1998.

2001

Founded the holding company Altice ATCE.AS, which began acquiring European cable companies.

2013

Established Numericable, a French cable operator, and acquired SFR, the second-largest mobile phone and internet provider in France, from Vivendi.

2013

Owns the Israeli cable television company HOT and founded the international news channel i24news.

2015

Entered the American telecommunications market by purchasing Suddenlink Communications and Cablevision, renaming it Altice USA.

2019

Acquired Sotheby's.

December 2023

Has a net worth estimated at $4.9 billion, ranking 584th in the world according to Forbes.

Patrick Drahi : FAQs

What is Patrick Drahi's current net worth?

Patrick Drahi's current net worth is $8.17 billion.

What is Patrick Drahi's current global rank among billionaires?

Patrick Drahi holds the 419th position globally among billionaires.

What is Patrick Drahi's current ranking within the France?

Patrick Drahi holds the 15th position in France.

What was the change in Patrick Drahi's net worth compared to the previous year?

Patrick Drahi's net worth increased by 799.7 million dollars compared to the previous year 2025, when his net worth was 7.37 billion dollars.

What are Patrick Drahi's main sources of wealth?

Patrick Drahi's main source of income comes from Telecom.

In which industry does Patrick Drahi primarily operate?

Patrick Drahi is primarily involved in the Telecom industry.

How old is Patrick Drahi?

Patrick Drahi is 62 years old.

How many children does Patrick Drahi have?

Patrick Drahi has 4 children.

Who is Patrick Drahi and what is his background?

Patrick Drahi is a renowned entrepreneur and businessman, born on August 20, 1963, in Casablanca, Morocco. He hails from a Jewish family and has established a successful career in telecommunications. Drahi holds an engineering degree from École Polytechnique in Paris and pursued post-graduate studies in optics and electronics at Télécom Paris. He began his professional journey as a fiber optics researcher and later founded several significant companies, including Altice.

How did Patrick Drahi begin his career in the telecommunications industry?

Patrick Drahi started his career in the telecommunications industry as a fiber optics researcher at Philips in 1986. He then ventured into entrepreneurship by founding Sud Câble Services in France in 1994, a precursor to his later achievements in the industry with companies like Altice.

What accomplishments is Patrick Drahi known for in the telecom sector?

Patrick Drahi is well-known for his accomplishments in the telecom sector, particularly for founding Altice ATCE.AS in 2001, which has been involved in acquiring numerous European cable companies. He established Numericable, a leading French cable operator, and successfully acquired SFR, France's second-largest mobile phone and internet provider, in 2013. Drahi further expanded his reach by acquiring Israeli cable TV company HOT and establishing i24news.

What major acquisitions has Patrick Drahi made in the US market?

Patrick Drahi expanded his telecom empire into the American market through significant acquisitions. He purchased Suddenlink Communications and Cablevision, subsequently rebranding the latter as Altice USA, marking a notable entrance into the US telecommunications landscape.