Norbert Dentressangle – Billionaire

Norbert Dentressangle sold his eponymous transportation and logistics company to XPO Logistics for $3.53 billion in June 2015. He founded Norbert Dentressangle SA in 1979 and through acquisitions grew into one of the largest European firms in the industry. By 2015, it had $5.5 billion in revenues and more than 43,000 employees in 25 countries. Now he focuses on real estate, industrial ventures and other investments through his family-owned holding company, Dentressangle Initiatives. In December 2016, he stepped down from his role as vice chairman of the board of AXA, a French insurance and asset management firm, to focus on managing the investment firm. The low-profile billionaire lives with his family in Lyons, France.

Norbert Dentressangle was born in Lyon, France, France. Norbert Dentressangle sold his eponymous transportation and logistics company to XPO Logistics for $3.53 billion in June 2015. He founded Norbert Dentressangle SA in 1979 and through acquisitions grew into one of the largest European firms in the industry. By 2015, it had $5.5 billion in revenues and more than 43,000 employees in 25 countries. Now he focuses on real estate, industrial ventures and other investments through his family-owned holding company, Dentressangle Initiatives. In December 2016, he stepped down from his role as vice chairman of the board of AXA, a French insurance and asset management firm, to focus on managing the investment firm. The low-profile billionaire lives with his family in Lyons, France.

Source:

1. forbes

2. idolnetworth