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Philippe Ginestet – Billionaire

REAL TIME NET WORTH — as of 5/8/17
$1.67 B
Philippe Ginestet owns successful French retail chain Gifi, known for its super low prices on household goods. Some 75% of the products in the stores reportedly sell for less than $5.50 (5 euros). Ginestet founded the company in 1981; it now has 444 stores primarily in France and also in Belgium and Spain, and revenues of nearly $1.3 billion. Ginsestet has said he aims to have 1,000 stores by 2025. His son Alexandre also works at the company.
Source:forbes

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