Martin Bouygues

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Martin Bouygues
Born (1952-05-03)3 May 1952
Suresnes, France
Residence Paris, France
Nationality French
Occupation Chairman and CEO, Bouygues
Net worth $3.8 billion (jointly with brother Olivier, February 2015)[1]
Children 2
Parent(s) Francis Bouygues
Relatives Olivier Bouygues (brother)

Martin Bouygues (3 May 1952) is the chairman and chief executive officer of the French company Bouygues (around 130,000 people in the world); founded by his father Francis Bouygues in 1952.

In 2015 Martin Bouygues was listed as the world’s 481th richest person, and is a billionaire.[1]

Starting off[edit]

He joined the Bouygues group in 1974 as works supervisor, before holding positions in sales management. In 1978, he founded Maison Bouygues, a catalogue real estate business. In 1982, he was appointed to Bouygues’ Board of Directors. In 1984, the Bouygues group and Maison Bouygues acquired SAUR, a French water treatment and distribution company. In 1986, he became Chairman and CEO of Maison Bouygues. In 1987, he was appointed Vice-Chairman of the Board.

Management[edit]

In the 1990s, with Martin Bouygues at the helm, the Group expanded its activities around three sectors: construction — especially at the international level — and Telecoms (Bouygues Telecom) and medias (TF1, LCI).

Martin Bouygues was considered a worthy successor to his father after his successful resistance to Vincent Bolloré’s takeover attempt in 1997.

He also made a number of key management decisions, such as rejecting the initial bidding conditions for awarding a UMTS licence in France in 2001 and the cooperation agreement with Alstom, in 2006.

Since 2010 he has been a member of the Skolkovo Foundation Council.

Between 1993 and 2013, Martin Bouygues expanded his group’s revenues by a factor of 3, from around 11 billion euros to 32.706 billion.[2]

Commitment[edit]

In 2004, Martin Bouygues created the Francis Bouygues Foundation in memory of his father, founder of the group. This foundation helps high school students to pursue college education by offering them a scholarship.

In 2006, Martin Bouygues also initiated the support of his group for the United Nations Global Compact.[3] This commitment reflects the group’s positioning in sustainable development and responsible policies.[3]

References[edit]

External links[edit]