Patrick Drahi Net Worth

Net Worth: $12 Billion
Statistics
  • Source of Wealth:

    Telecom
  • Age:

    55
  • Marital Status:

    Married
  • Full Name:

    Patrick Drahi
  • Nationality:

    French-Israeli
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About Patrick Drahi

French-Israeli businessman Patrick Drahi has an estimated net worth of $12 billion in July 2017, according to Bloomberg. In January 2014, Drahi started making headlines across the globe when Altice, a multinational telecommunications company, made its first initial public offering at $1.8 billion. He is known to be the founder and the head of the French telecom group, Altice.

Through Altice, Patrick Drahi acquires 75% ownership of the largest cable operator in France, the Numericable. In June 2014, his Altice group purchased the Virgin Mobile France for a staggering 325 million. This was followed by a successful purchase of the Portugal Telecom for an estimated value of €7.4 billion in December of the same year.

Patrick Drahi is an alumnus of Parisian university École Polytechnique where he earned his engineering degree. He currently lives in Geneva, along with his wife and four children.