Gérard Mulliez

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Gérard Mulliez
Born Gérard Paul Louis Marie-Joseph Mulliez
(1931-05-13) 13 May 1931 (age 86)
Roubaix, France
Residence Croix near Lille, France
Nationality French
Known for Founder, Auchan
Net worth US$30 billion (Hurun)[1]
Euro20 billion (Challenges)[2]
Spouse(s) married
Children 13
Parent(s) Gérard Mulliez
Relatives Louis Mulliez-Lestienne (paternal grandfather)
Louis Mulliez (paternal uncle) Michel Leclercq (cousin)

Gérard Paul Louis Marie-Joseph Mulliez (born 13 May 1931) is a French businessman. He is the founder of the Auchan chain of department stores.

Early life[edit]

Gérard Mulliez was born on 13 May 1931 in Roubaix, France. His father, Gérard Mulliez, was the owner of Phildar, a high street clothing firm founded by his grandfather, Louis Mulliez-Lestienne.[3][4] His uncle, Louis Mulliez, was the owner of the Saint-Liévin factory in Lille.[3] He has five siblings.[3] His parents went to the 7am Roman Catholic Mass every day.[3]

Mulliez got bad grades at school.[3] He spent a year in England, where he learned to play rugby and pool, and learned to speak English.[3] He failed his Baccalaureate.[3][4]

Career[edit]

Mulliez started his career working for his father's company, working his way up until he became its Chairman.[3][4]

In 1961, at the age of twenty-nine, after witnessing department stores on a trip to the US, he opened his first Auchan store in Roubaix, France.[5] He retired as chairman in 1996 and as CEO in 2006 handing over control to his nephew, Vianney Mulliez.[5]

His holding Association Familiale Mulliez (AFM) controls Auchan as well as a diverse mix of other retail chains such as Leroy Merlin, Decathlon, Saint Maclou, Kiloutou, Kiabi, Flunch, etc.[2] It is co-owned between a thousand family members.[2] Six hundred of his cousins are millionaires as a result.[4]

He is a member of the Centre français du patronat chrétien and the Mouvement des cadres chrétiens, two Christian business organizations.[3] In 2004, he was the recipient of the Légion d'honneur.[6]

Wealth[edit]

According to Challenge Magazine, he was worth 19 billion Euros in 2013, 20 billion Euros in 2014, and according to Capital, nearly 40 billion Euros in 2016[7] making him the first richest person in France.[2][8][9] According to Capital, the Mulliez family was the richest family in France in 2014.[10] According to Hurun Report, he is 18th richest person in the world with a net worth of US$30 billion.[1] Some of his family members reside in Néchin, Belgium.[3][4]

He has revealed that he has also spent less than he earns,[11] and reinvests most of his earnings.[3] He added that most of his wealth is tied up in family shares, and he would not be able to spend much of it.[3] He is in favour of taxing annual incomes upwards of 500,000 Euros, but not dividends on investments, arguing that this would scare investors away.[3]

On 21 February 2015, he paid a personal visit to the youth wing of the French Communist Party in Lille to protest a poster accusing him of profiting from the financial crisis, as he got richer while his employees saw their spending power diminish.[8][12] He argued that he employed a lot of people, adding that by the time he was their age, he had already opened his first store.[8][12]

Personal life[edit]

Mulliez and his wife have thirteen children.[13] They reside in Croix near Lille and own another house in the South of France.[3] They are practising Roman Catholics.[3] He spends his weekends biking and hiking in the countryside.[3]

Bibliography[edit]

See also[edit]

References[edit]

  1. ^ a b "胡润百富". Hurun.net. Retrieved 26 February 2017. 
  2. ^ a b c d Gérard Mulliez et sa famille, Challenges Magazine
  3. ^ a b c d e f g h i j k l m n o p Marie Bordet, Gérard Mulliez se confie enfin, Le Point, 12 July 2012
  4. ^ a b c d e Qui est Gérard Mulliez, troisième fortune de France et (discret) fondateur d'Auchan ?, Sud Ouest, 23 February 2015
  5. ^ a b Carol Matlack, 'Gerard Mulliez' Auchan: France's Wal-Mart Goes Global', in BusinessWeek, 10 December 2009 [1]
  6. ^ "Biographie de Gérard Mulliez Auchan". Edubourse.com. 13 May 1931. Retrieved 26 February 2017. 
  7. ^ "Le classement des 10 premières fortunes de France - Capital". Photo.capital.fr. Retrieved 26 February 2017. 
  8. ^ a b c Le fondateur d'Auchan à des jeunes communistes : "À votre âge, j'avais déjà ouvert mon premier magasin", Sud-Ouest, 23 February 2015
  9. ^ "Photo Gérard Mulliez". LeJDD.fr (in (French)). Retrieved 26 February 2017. 
  10. ^ Classement des 100 Français les plus riches en 2014 : les Mulliez, toujours en tête, France 3, 25 June 2014
  11. ^ Gérard Mulliez: "Toujours dépenser moins qu'on gagne", in L'Express, 9 July 2008
  12. ^ a b Lille : en colère, le fondateur d'Auchan s'invite chez les communistes, Le Figaro, 22 February 2015
  13. ^ Bonner, William (31 May 2014). "6 Success Secrets of a $22-Billion Family". Bonner & Partners. Retrieved 23 February 2015. 
  14. ^ [2]
  15. ^ "Suchergebnisse - dynamique du client". Swissbib.ch. 3 November 2006. Retrieved 26 February 2017.