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10 Rags to Riches Billionaires

By SiliconIndia  |   Sunday, 23 October 2011, 21:22 Hrs   |    5 Comments
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Francois Pinault, France

Net worth: $14.5 billion

Francois Pinault
High school drop out started out as an unknown timber merchant from France's Brittany region. Speculation in commodities and ''predator'' business tactics helped him build a sprawling empire. Today he is the majority shareholder of luxury goods group PPR, whose brands includes Gucci, Balenciaga and Stella McCartney. His personal art collection is showcased in Venice in the Palazzo Grassi. Son Francois-Henri, who now runs the family business, recently announced that he is engaged to Mexican actress Salma Hayek, with whom he is expecting his first child.

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Reader's comments(5)
1: Where are the rest.... Google, Facebook, Twitter, Linked-in promoters.... they are all billionaires.
Posted by:Nadeem Juwle - 24 Oct, 2011
2: Awesome job. Very inspiring.
Posted by:KA Prabbu - 24 Oct, 2011
Silicon India - I like reading your articles but this is one lame old article that hasn't even been edited properly. For Steve Jobs, you say: "Jobs now sits on Disney's board and is its largest shareholder."

He is dead... remember? Please make some effort to keep your stories look fresh even if tey originally are not.
Jai Replied to: KA Prabbu - 24 Oct, 2011
Siliocn India.... Plz do not post such old information as updated one or just try to edit it before you publish. Harry potter. "The seventh and last book in the series will be published this July along with the release of the fifth film"... means seventh and last book is yet to be released.
Jamsheer Replied to: KA Prabbu - 24 Oct, 2011
5: Very inspiring.

These stories give the poor hope that they can rise to fame and wealth. They are most popular in societies such as the United States, where confidence in the ability to move between social classes is an important part of the national identity, of which lays the foundation of the "American Dream".

Dr.A.Jagadeesh Nellore(AP)
Posted by:Dr.A.Jagadeesh - 24 Oct, 2011