Pierre Papillaud

$1.20 B

Ranked #1476 in World

About Pierre Papillaud

French billionaire and esteemed businessman Pierre Bernard Papillaud, born in 1935 in Vignonet, Gironde, passed away in 2017. Despite humble beginnings with familial ties to farming and military service, Papillaud rose to amass a fortune, notably holding a 51% stake in the Alma Group. His entrepreneurial success peaked when he sold a significant part of his business to Otsuka Pharmaceutical for $1.2 billion in 2008, positioning him as the 67th wealthiest individual in France by 2016 with a net worth of $1.31 billion. Papillaud's career, however, was not without controversy, highlighted by his demand for the exclusive water rights in Weed, California, and his connection to the Panama Papers scandal. His influence, marked by both achievement and contention, left a lasting impact on the mineral water industry and beyond.

Born

July 01, 1935 in Vignonet, Gironde, Nouvelle-Aquitaine, France

Died

June 13, 2017 (aged 81)

Source Of Wealth

Water

Industries

Food And Beverage

Citizenship

France

Residence

Paris

Pierre Bernard Papillaud was born on March 1, 1935, in Vignonet, Gironde, France. His grandmother owned two cows, and his father served as an officer in the French Army during World War II. Unfortunately, his father was captured by Nazis in Belgium during the war.

Pierre Papillaud: Family

There is no information provided about Pierre Bernard Papillaud's immediate family, such as his parents' names or whether he had any siblings.

Pierre Papillaud: Career Highlights

Pierre Bernard Papillaud achieved significant success in the business world. He owned 51% of the Alma Group, a company that sells mineral water under various brand names. In 2008, he sold the remaining 49% of the company to Otsuka Pharmaceutical for an impressive $1.2 billion.

Papillaud's estimated net worth in 2016 was $1.31 billion, making him the 67th richest person in France. However, his name also appeared in the Panama Papers, which revealed a power-of-attorney for a company based in the British Virgin Islands.

One notable incident in Papillaud's career was his demand that the town of Weed, California, give up its only water source for his bottle water company, Cristaline. This request sparked controversy and highlighted the complex issues surrounding water rights and corporate interests.

Pierre Papillaud: Companies

Pierre Bernard Papillaud was primarily associated with the Alma Group, a company that sells mineral water under various brand names. He owned a majority stake in the company until he sold it to Otsuka Pharmaceutical in 2008.

Pierre Papillaud: Major Achievements

Papillaud's major achievement was building the Alma Group into a successful mineral water company. He also achieved significant financial success, with an estimated net worth of $1.31 billion in 2016.

Pierre Papillaud: Awards & Achievements

There is no information provided about any specific awards or achievements received by Pierre Bernard Papillaud.

Pierre Papillaud: Personal Life & Legacy

Papillaud lived in Paris, France, until his death on June 13, 2017. He left behind a legacy as a successful businessman and a figure associated with the mineral water industry.

Pierre Papillaud: Trivia

Pierre Bernard Papillaud's name appeared in the Panama Papers, which revealed a power-of-attorney for a company based in the British Virgin Islands.

Wealth History

Timeline

1935

Pierre Bernard Papillaud is born in Vignonet, Gironde, France.

World War II

Papillaud's father serves as an officer in the French Army and is captured by Nazis in Belgium.

Unspecified

Papillaud owns 51% of the Alma Group, which sells mineral water under various brand names.

2008

Papillaud sells the remaining 49% of the Alma Group to Otsuka Pharmaceutical for $1.2 billion.

2016

Papillaud's estimated net worth is $1.31 billion, making him the 67th richest person in France.

Unspecified

Papillaud's name appears in the Panama Papers through a power-of-attorney for a company based in the British Virgin Islands.

Unspecified

Papillaud demands that the town of Weed, California, give up its only water source for his bottle water company, Cristaline.

June 13, 2017

Papillaud dies in Paris, France.

Pierre Papillaud : FAQs

What is Pierre Papillaud's net worth?

As of 2016, Pierre Papillaud's net worth was $1.20 billion.

What are Pierre Papillaud's main sources of wealth?

Pierre Papillaud's main source of income comes from Water.

In which industry does Pierre Papillaud primarily operate?

Pierre Papillaud is primarily involved in the Food And Beverage industry.

Is Pierre Papillaud dead?

Yes, Pierre Papillaud died on June 13, 2017 (aged 81).

Who was Pierre Bernard Papillaud and why is he famous?

Pierre Bernard Papillaud was a French billionaire businessman known for owning 51% of the Alma Group, a company that sells mineral water under various brand names. His net worth in 2016 was estimated at $1.31 billion, making him the 67th richest person in France.

What significant event happened to Pierre Bernard Papillaud's father during World War II?

Pierre Bernard Papillaud's father served as an officer in the French Army and was captured by Nazis in Belgium during World War II.

How did Pierre Bernard Papillaud contribute to the global business landscape?

Pierre Bernard Papillaud made a significant contribution to the global business landscape by selling the remaining 49% of his Alma Group to Otsuka Pharmaceutical for $1.2 billion in 2008, indicating a notable example of successful international business deals.

What controversy surrounded Pierre Bernard Papillaud regarding the town of Weed, California?

Pierre Bernard Papillaud was embroiled in controversy for demanding that the town of Weed, California, give up its only water source for his bottled water company, Cristaline, sparking debates on corporate influence on natural resources.

Did Pierre Bernard Papillaud's name appear in any controversial documents and what was the impact?

Yes, Pierre Bernard Papillaud's name appeared in the Panama Papers through a power-of-attorney for a company based in the British Virgin Islands, highlighting his involvement in offshore financial dealings and sparking discussions on the ethics and legality of such actions.