Net worth US$1.31 billion (2016) | Name Pierre Papillaud Occupation Businessman | |
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Born 1935/1936 (age 80–81) Saint-Quentin-de-Chalais, Charente, Nouvelle Aquitaine, France Died 13 June 2017 (aged 81) Alençon, France | ||
Pierre Papillaud (born c. 1936) was a French billionaire businessman.
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Early life
Pierre Papillaud was born circa 1936 in Saint-Quentin-de-Chalais, a small village in Charente. His grandmother owned two cows. During World War II, his father, who served as an officer in the French Army, was caught by the Nazis in Belgium.
Career
Papillaud owns 51% of the Alma Group, which sells mineral water under the brandnames of Cristaline, MontBlanc, Saint-Yorre, Rozana, Chateldon and Vichy Célestins. In 2008, he sold the other 49% to the Japan-based Otsuka Pharmaceutical for US$1.2 billion.
According to Forbes, he was worth an estimated US$1.31 billion as of 2016.
In April 2016, Papillaud's name was mentioned in the Panama Papers through a power-of-attorney for Krewitt, a company based in the British Virgin Islands.
In September 2016, the New York Times reported Pierre Papillaud is demanding that a California town give up its only water source so that Papillaud's bottle water company can have more water to sell as Crystalline.
Personal life
Papillaud resides in Paris, France.