The Pinault family office: Group Artémis

Francois Pinault: French billionaire & art collector

Francois Pinault has an estimated wealth of more than $30 billion, which makes him one of the richest people in France. Pinault made his fortune trough his luxury group Kering, which owns fashion brands like Gucci, Saint Laurent, and Alexander McQueen. Suprisingly Kering started as a wood and building materials company, in 1963 but reorientated towards luxuary goods in 1999. In this year Pinault bought the majority stakes of Gucci. The last years Kering made sales at around $20 billion. The companys succes lays the foundation of Pinaults fortune, which is partly manged by the Francois Pinault Family Office Group Artémis Next to his business activities Pinault is a huge art collector who aquired a more than 3.000 pieces art collection containing pictures of Picasso, Hirst or Warhol. Furthermore he owns the auction house Christie`s.

Artémis: The investment company of the Pinault family

Founded in 1993, the Francois Pinault family office Artémis is the principal investment and holding company of the Pinault family. Its current portfolio is valued at around $40 billion and includes assets in real estate, retail, sports, the arts and technology. The main assets of the Artemis Group are a 40.9% stake in Kering, a 30% stake in Puma and several high-quality vineyards. Artemis also owns Christie, several magazines and a luxury cruise line.

The latest investments of the Pinault Family Office

Since 2017 the Artemis group has also been investing in tech companies through the Red River West fund. Recent investments in the tech sector include Brut, ByteDance, Deezer and 1st Dibs. In addition, the Pinault family office acquired a majority stake in Creative Artists Agency (CAA) in 2023. CAA is the world’s leading entertainment and sports agency, which will help Artemis Group to better position itself in the sports market.

Picture Source: Kouji Tsuru via Unsplash