Serge Dassault Net Worth - Look At The Life Of A French Politician And Business Magnate

6Shares

3KViews

Serge Dassault was a French businessman who left behind a massive business empire and a net worth that was the subject of much speculation. As the chairman and CEO of Dassault Group, a conglomerate that specializes in aviation, software, and media, he was one of the richest people in France and the world. In this article, we will take a closer look at Serge Dassault net worth, his life and career, and his contributions to the business world.

Quick Facts About Serge Dassault

Name	Serge Dassault
Profession	April 4, 1925
Profession	Politician,entrepreneur
Net worth	$17 billion

Early Life Of Serge Dassault

Serge Dassault, born on April 4, 1925, in Paris, France, was a French industrialist, politician, and billionaire businessman. He was the CEO and Chairman of Dassault Group, a French conglomerate that operates in aerospace, software, and media.

COPYRIGHT_PNW: Published on https://purenetworth.com/serge-dassault-net-worth/ by - on 2023-04-08T15:06:53.563Z

Serge Dassault was the son of Marcel Dassault, the founder of the Dassault Group. Marcel Dassault was a pioneer in the aviation industry, and his company played a significant role in the development of military and civil aviation in France. Serge Dassault grew up in a family of engineers and was fascinated by aviation from a young age.

During World War II, Serge Dassault was arrested by the Gestapo and spent a year in a German concentration camp. After his release, he completed his engineering degree at the École Polytechnique in Paris. In 1951, he joined the Dassault Group, where he worked on the development of military aircraft.

Serge Dassault was a highly skilled engineer and innovator. He made significant contributions to the development of the Mirage fighter jet and the Falcon business jet, which became the company's flagship product.

In addition to his work in the aviation industry, Serge Dassault was also involved in politics. He was a member of the French Senate for nearly 20 years, representing the Union for a Popular Movement. He also served as the mayor of Corbeil-Essonnes, a town in the southern suburbs of Paris.

Career Of Serge Dassault

Serge Dassault wearing a black coat

Serge Dassault had a remarkable career as a businessman and industrialist, building a massive business empire and becoming one of the wealthiest people in France and the world. Here are some highlights of his career:

After completing his engineering degree, Serge Dassault joined Dassault Aviation, the company founded by his father, Marcel Dassault. He worked on the development of military aircraft, including the Mirage fighter jet, which became one of the company's most successful products.

In the early 1980s, Serge Dassault became the CEO of Dassault Group, succeeding his father. Under his leadership, the company expanded its operations beyond aviation, acquiring several software and media companies. Today, Dassault Group is a conglomerate that operates in several industries, including aerospace, defense, software, and media.

As the CEO of Dassault Group, Serge Dassault made several strategic acquisitions, including the software company Dassault Systemes, which became a major player in the computer-aided design (CAD) and 3D modeling software market. The company's software is used in a wide range of industries, from aerospace to architecture.

Serge Dassault was also involved in politics, serving as a member of the French Senate for nearly 20 years, representing the Union for a Popular Movement. He was known for his conservative views and his support for free-market economics. He also served as the mayor of Corbeil-Essonnes, a town in the southern suburbs of Paris.

The Dassault Group

Dassault Through the Decades

The Dassault Group is a French conglomerate that operates in several industries, including aerospace, defense, software, and media. The company was founded by Marcel Dassault in 1929, and it has grown into one of the largest and most successful companies in France.

Under the leadership of Marcel's son, Serge Dassault, the company expanded its operations beyond aviation, acquiring several software and media companies. Today, the company is divided into four major divisions:

Aerospace and Defense - This division is the core of the company's business and includes Dassault Aviation, which produces military and civil aircraft, including the Rafale fighter jet and the Falcon business jet.
Digital Transformation - This division includes Dassault Systemes, a software company that develops computer-aided design (CAD) and 3D modeling software used in a wide range of industries, from aerospace to architecture.
Medias - This division includes the media holdings of the Dassault Group, including the newspaper Le Figaro and the magazine Art et Décoration.
Real Estate - This division is involved in the development and management of real estate properties, including commercial and residential buildings.

The Dassault Group is known for its technological innovation and its commitment to quality. The company's products and services are used by customers in more than 140 countries around the world. Despite the passing of Serge Dassault in 2018, the company remains a major player in the global business landscape, with a market capitalization of over $40 billion.

Serge Dassault Net Worth

Serge Dassault was one of the wealthiest people in France and the world, with a net worth that was estimated to be around $17 billion at the time of his death in 2018. Much of his wealth was derived from his ownership of the Dassault Group, which is a major player in several industries, including aerospace, defense, software, and media.

Throughout his career, Serge Dassault made several strategic acquisitions that helped to grow the Dassault Group into the massive conglomerate that it is today. He was also known for his innovative contributions to the aviation industry, particularly in the development of the Falcon business jet and the Rafale fighter jet.

Real Estate Properties Of Serge Dassault

Serge Dassault, as the head of the Dassault Group, was involved in the development and management of real estate properties through the company's Real Estate division. The division is responsible for the acquisition, development, and management of commercial and residential properties, primarily in France.

The division's portfolio includes several high-profile properties, such as the Parisian luxury hotel La Trémoille, the Saint-James Paris hotel, and the prestigious Avenue Montaigne commercial property in Paris.

In addition to these properties, the Dassault Group has developed several large-scale real estate projects, including the Les Halles Forum des Halles shopping center in Paris and the Eiffel Tower Eco-Park, a proposed mixed-use development that would be located near the iconic Paris landmark.

Philanthropic Works Of Serge Dassault

Serge Dassault wearing a gray suit

Serge Dassault was known for his philanthropic contributions throughout his life, particularly in the areas of education, healthcare, and the arts. He believed strongly in the importance of giving back to society and supporting charitable causes.

One of his most notable philanthropic contributions was the creation of the Dassault Foundation, a non-profit organization that supports research, education, and the arts. The foundation has funded numerous research projects in the fields of science, technology, and medicine, as well as scholarships and educational programs.

In addition to the Dassault Foundation, Serge Dassault also made significant contributions to several other charitable organizations. He was a major supporter of the French Red Cross, donating millions of euros to the organization over the years. He also donated substantial sums to several hospitals and medical research centers in France, as well as to museums and cultural institutions.

Interesting Facts About Serge Dassault

Serge Dassault was born in Paris in 1925 and grew up in a family with a long history in aviation. His father, Marcel Dassault, was a pioneer in the aviation industry and founded the Dassault Group in 1929.
During World War II, Serge Dassault served as a fighter pilot in the French Air Force, flying more than 90 missions.
After the war, he joined the Dassault Group and played a key role in the development of several important aircraft, including the Mystère IV fighter jet and the Falcon business jet.
In addition to his work in the aviation industry, Serge Dassault was also a politician, serving as a senator and mayor of the Paris suburb of Corbeil-Essonnes for several years.
Serge Dassault was a major art collector and owned an extensive collection of paintings and sculptures, including works by Pablo Picasso, Henri Matisse, and Auguste Rodin.
He was also an accomplished writer and published several books on a variety of topics, including aviation, politics, and art.
Serge Dassault was the recipient of numerous awards and honors throughout his life, including the Legion of Honor and the Grand Cross of the Order of Merit of the Italian Republic.
Despite his immense wealth and success, Serge Dassault remained humble and was known for his down-to-earth personality and his dedication to his family and employees.

Conclusion

Serge Dassault net worth was a subject of much speculation throughout his life. While some estimates put his fortune at a lower figure, there is no denying that he was one of the richest people in France and the world.

As the chairman and CEO of Dassault Group, he built a massive business empire that operates in several industries, including aerospace, defense, software, and media. Dassault's legacy lives on through his contributions to the business world and his impact on the aviation industry.

Share: Twitter | Facebook | Linkedin