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Pierre Bernard Papillaud (1 July 1935 – 13 June 2017)[2] was a French billionaire businessman.

Pierre Papillaud
Born Pierre Bernard Papillaud
(1935-07-01)1 July 1935
Saint-Quentin-de-Chalais, Charente, Nouvelle Aquitaine, France
Died 13 June 2017(2017-06-13) (aged 81)
Alençon, France
Nationality French
Occupation Businessman
Net worth US$1.31 billion (2016)[1]

Contents

Early lifeEdit

Pierre Papillaud was born in Saint-Quentin-de-Chalais, a small village in Charente.[3] His grandmother owned two cows.[3] During World War II, his father, who served as an officer in the French Army, was caught by the Nazis in Belgium.[3]

CareerEdit

 
A bottle of Cristaline water.

Papillaud owned 51% of the Alma Group,[1][4] which sells mineral water under the brandnames of Cristaline, MontBlanc, Saint-Yorre, Rozana, Chateldon and Vichy Célestins.[5] In 2008, he sold the other 49% to the Japan-based Otsuka Pharmaceutical for US$1.2 billion.[1]

According to Forbes, he was worth an estimated US$1.31 billion as of 2016.[1] He was the 67th richest person in France (2016).[6]

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.[7]

In September 2016, the New York Times reported that Pierre Papillaud demanded that a California town give up its only water source so that Papillaud's bottle water company could have more water to sell as Cristaline.[8]

Personal lifeEdit

Papillaud lived in Paris, France, until his death on 13 June 2017.

ReferencesEdit

  1. ^ a b c d "The World's Billionaires: #1476 Pierre Papillaud". Forbes. Retrieved April 17, 2016. 
  2. ^ (in French) "Pierre Papillaud", BFMTV.com. Retrieved May 12, 2017.
  3. ^ a b c Huord, Pascal (January 13, 2016). "Pierre Papillaud : un patron qui fait des bulles". Charente Libre. Retrieved April 17, 2016. 
  4. ^ "Pierre Papillaud et sa famille". Challenges. Retrieved April 17, 2016. 
  5. ^ Parrino, Béatrice (December 15, 2015). "Le roi de l'eau se met à table". Le Point. Retrieved April 17, 2016. 
  6. ^ (in French) "Les 500 plus grandes fortunes de France en 2016 : Pierre Papillaud et sa famille", challenges.fr. Retrieved May 12, 2017.
  7. ^ ""Panama Papers": Une quinzaine de grandes fortunes françaises liées à des sociétés offshore". 20 Minutes. April 9, 2016. Retrieved April 17, 2016. 
  8. ^ Fuller, Thomas (1 October 2016). "Timber Company Tells California Town, Go Find Your Own Water". The New York Times Company. Retrieved 2 October 2016.