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Xavier Niel Net Worth

Xavier Niel Net Worth

Net Worth: $8.37 Billion

Statistics
  • Source of Wealth Internet, telecom
  • Birth Place Creteil, France
  • Marital Status Single
  • Full Name Xavier Niel
  • Nationality French
  • Date of Birth August 25,1967
  • Occupation Chief Strategy Officer, Businessman
  • Children 3
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About Xavier Niel

Xavier Niel is a French entrepreneur with an estimated net worth of $8.37 billion in July 2017, according to Bloomberg. He is the majority shareholder of Iliad, a French internet provider. He actually holds 63.93% of the total capital share. He is also the co-owner of Le Monde, and he currently serves as the Chief Strategy Officer and Deputy Chairman of the Board of Directors for Iliad. Xavier Niel is actively involved in technology and telecommunications industry in the country.

At the age of 19, he was able to create his first company which he sold later on, the Minitel. The company specializes on providing sex oriented chat services. In 1995, he invested in World-net, the first French internet service provider which was later sold before the internet bubble existed. In 1999, he built FREE which is an internet provider in France that offers broadband package for as low as 29.99 euros per month.