Patrick Drahi

About Patrick Drahi

Birth Year: 1963
Birth Place: Zermatt, Switzerland, France
Residence: Geneva, Switzerland
Alma mater: École Polytechnique
Occupation: Businessman
Known for: Founder and head of Altice
Spouse(s): Lina Drahi
Children: 4

Patrick Drahi Net Worth

Patrick Drahi was bornon 1963 in Zermatt, Switzerland, France. Patrick Drahi holds nearly 60% of the stock of Altice, the multinational telecommunications company he founded. Following a buy-low, sell high mantra Drahi built Altice around 20 acquisitions of lagging cable and mobile operators, often at knockdown prices in places such as France, Belgium, Israel, Portugal, and the Dominican Republic. Through the Amsterdam-based Altice he owns 75% of Numericable, France's largest cable operator. In 2015 Altice took its first step into the U.S. by purchasing a 70% stake in cable operator Suddenlink in a $9 billion deal. Drahi, the son of two math teachers, was born in Casablanca, Morocco and emigrated to France as a teenager. He holds an engineering degree from the prestigious Parisian university École Polytechnique and lives in Switzerland with his wife and children.
Patrick Drahi is a member of Telecom

💰 Net worth: $3.7 Billion (Updated at 22 June 2018)

2014 $6.3 Billion
2015 $16 Billion
2016 $5.9 Billion
2017 $13 Billion
2018 $7.11 Billion

Some Patrick Drahi images

Biography/Timeline

2013

Drahi later became the owner of French cable operator Numericable. Drahi bought SFR, France seconde mobile phone and internet provider in France in 2013 from media conglomerate Vivendi.

2015

As of November 2015 Forbes estimated Drahi's net worth at $10.3 billion. Forbes ranks him as the 60th-richest person in the world, the third-richest person in France. He was ranked as the richest person in Israel, until 2016, when he came in at second.

2016

The leaking of the Panama Papers in April 2016 confirmed publicly his identity as the shareholder of an offshore company.