François Pinault in the context of Kering

⭐ Core Definition: François Pinault

François Pinault (born 21 August 1936) is a French billionaire businessman, co-founder of the luxury group Kering and the investment holding company Artémis.

The business began in the timber industry in the early 1960s. Taken public in 1988, his company invested in specialty store chains and changed its name to Pinault-Printemps-Redoute (PPR). By the end of 1999, PPR shifted towards luxury and fashion. In 2003, he passed on the management of his companies to his elder son François-Henri to follow his passion for contemporary art.

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⭐ Core Definition: François Pinault
François Pinault in the context of Christie's
François Pinault in the context of Groupe Artémis

François Pinault in the context of Christie's

Christie's is a British auction house founded in 1766 by James Christie. Its main premises are on King Street, St James's in London, and it has additional salerooms in New York, Paris, Hong Kong, Milan, Geneva, Shanghai, and Dubai. It is owned by Groupe Artémis, the holding company of François Pinault. In 2022 Christie's sold US$8.4 billion in art and luxury goods, an all-time high for any auction house. On 15 November 2017, the Salvator Mundi was sold at Christie's in New York for $450 million to Saudi Prince Badr bin Abdullah Al Saud, the highest price ever paid for a painting.

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François Pinault in the context of Groupe Artémis

Groupe Artémis is a French investment holding with a portfolio in fashion (Kering), wine (Artémis Domaines [fr] including Château Latour), art (Christie's, Pinault Collection), sports (Stade Rennais FC) and entertainment (Creative Artists Agency). Headquartered in Paris, France, Groupe Artémis was founded by François Pinault in 1992.

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