Martin Olivier Bouygues Net Worth is$2.6 Billion
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Date of Birth: May 3, 1952
Martin & Olivier Bouygues net worth: Brothers Martin & Olivier Bouygues are French businessmen who have a net worth of $2.6 billion. Martin and Olivier Bouygues own just over 21% of the Bouygues Group, which is a diversified industrial conglomerate founded by their father, Francis Bouygues, in 1952. Apart from construction, the company also has interests in telecommunications and media. Martin began as a supervisor and now serves as a chairman and CEO, while his brother Olivier acts as the deputy chief executive and CEO of their holding company, SCDM. Among the most notable construction projects of the company are the Hassan II Mosque in Casablanca, the University of Riyadh in Saudi Arabia, the English Channel Tunnel, the Kwun Tong viaduct in Hong Kong, numerous motorways in Hungary, as well as the Sydney CityRail airport link. As for Bouygues Telecom, it got a rise in 2013, when its parent company invested a hefty sum into the firm in an effort to boost its expansion amid increased competition. In addition to the above, the two brothers own famous vineyard, the Chateau Montrose, which they bought in 2006, and ever since they started selling wine. Being a close friend of ex-French President Nicolas Sarkozy, Martin is the godfather of Sarkozy's son. He was also presented with the ultra-prestigious Legion d'honneur in July 2010. According to Forbes, they are ranked as #12 among the richest in France as of March 2013.
Martin Bouygues, born 1952, is chairman and chief executive officer of the French company Bouygues; founded by his father Francis Bouygues in 1952. In 2006 he was listed at the worlds 214th richest person, and a billionaire.
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 director of Bouyguesa?? Board of Directors. In 1984, the Bouygues group and Maison Bouygues acquired SAUR, a French water treatment and distribution company. In 1989, he became Chairman and CEO of Maison Bouygues. In 1987, he was appointed Vice-Chairman of the Board.
Whereas everyone expected it to be the eldest son, Nicolas Bouygues, an engineer graduated from A?cole Centrale Paris (as were the father, Francis Bouygues and grandfather, Georges Bouygues), Martin, despite having only an undergraduate diploma, was appointed Chairman and CEO on 5 September 1989. In fact, his elder brother had been unable to get along with his father to become Chairman and CEO.
In the 1990s, with Martin Bouygues at the helm, the Group expanded into two sectors: construction a?? especially at the international level a?? and Telecoms/media (Bouygues Telecom, TF1, LCI).
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.

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Martin Olivier Bouygues Latest News

Montrose owners buy into Burgundian estate

Martin and Olivier Bouygues, the owners of Château Montrose, have acquired a stake in Domaine Henri Rebourseau in Gevrey-Chambertin it has been announced. The billionaire brothers have “gone into part...
Posted: October 9, 2018, 4:37 am

Bouygues seeks split from Bollore

Group chairman Martin Bouygues is looking to undo a five-year shareholder agreement signed this year with entrepreneur Vincent Bollore, under which Bouygues and his brother Olivier pooled their 14.7% ...
Posted: June 25, 2018, 6:18 pm

Bouygues names two deputy CEOs as prepares succession

... on Wednesday Bouygues Telecom boss Olivier Roussat, 52, and group finance chief Philippe Marien, 60, would assist him in running the business his father Francis founded in 1952 and which bears the ...
Posted: August 30, 2016, 4:59 pm
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