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Xavier Niel is a French entrepreneur with an estimated net worth of $4.22 billion. He is the founder and majority shareholder of Iliad, a French internet service provider and mobile operator. It trades under the Free brand (France's second-largest ISP, and third mobile operator). He actually holds 63.93% of the total capital share. He is also the co-owner of the newspaper Le Monde while he also co-owns the rights of the song "My Way". He owns Monaco Telecom as well. Currently, he serves as the Chief Strategy Officer and Deputy Chairman of the Board of Directors for Iliad while he is actively involved in technology and telecommunications industry in the country.
Niel started developing telecommunication and data services at a very young age. His entrepreneurial career began when he received a Sinclair ZX81 computer as a birthday present.
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.
Earnings & Financial Data
Date |
Category |
Description |
Amount |
---|---|---|---|
2019 |
Asset |
Seed round funding for SPATE through Kima Ventures along with 4 investors |
$1,800,000 |
2019 |
Asset |
Series A funding for SeedLegals through Kima Ventures along with Index Ventures |
$4,000,000 |
2019 |
Asset |
Pre-seed round funding for Sorare through Kima Ventures along with 4 investors |
$614,020 |
2019 |
Asset |
Pre-seed round funding for Kard through Kima Ventures along with 4 investors |
$3,349,200 |
2019 |
Asset |
Seed round funding for Champagne EPC through Kima Ventures |
$1,681,050 |
2019 |
Asset |
Seed round funding for SpaceFill along with 4 investors |
$1,137,800 |
2019 |
Asset |
Seed round funding for Typology along with 3 investors |
$10,000,000 |
2019 |
Asset |
Seed round funding for Agile through Kima Ventures along with 2 investors |
$1,701,750 |
2019 |
Asset |
Seed round funding for Fishtripr through Kima Ventures along with 3 investors |
$563,800 |
2019 |
Asset |
Seed round funding for Ambler through Kima Ventures along with 3 investors |
$1,701,450 |
2019 |
Asset |
Series A funding for Flashbreak through Kima Ventures along with Alven Capital |
$2,272,800 |
2019 |
Asset |
Series B funding for Lunchr through Kima Ventures along with 4 investors |
$34,000,000 |
2018 |
Asset |
Seed round funding for Majelan along with 3 investors |
$4,533,600 |
2018 |
Asset |
Series A funding for Uptime.ac along with 5 investors |
$2,324,200 |
2018 |
Asset |
Venture round funding for iBanFirst along with 2 investors |
$17,000,000 |
2018 |
Asset |
Series A funding for Doctrine along with Otium Capital |
$11,690,000 |
2018 |
Asset |
Seed round funding for Riminder along with 5 investors |
$2,300,000 |
2018 |
Asset |
Series A funding for La Belle Vie along with 4 investors |
$6,564,800 |
2018 |
Asset |
Seed round funding for Luko along with 2 investors |
$2,293,200 |
2018 |
Asset |
Venture round funding for Dreem along with 3 investors |
$35,000,000 |
2013 |
Asset |
Amount he spent to acquire Orange Switzerland, which he renamed Salt |
$2,900,000,000 |
2013 |
Asset |
Value of the 55% economic interest in Monaco Telecom upon sale to NJJ Capital by Cable & Wireless Communications (CWC) |
$455,000,000 |