French billionaire Serge Dassault dead at 93

Tuesday, 29 May 2018, 04:31 Hrs
32
cmt right
36
Comment Right
52
cmt right
10
cmt right
Printer Print Email Email


aviationSerge Dassault, a French billionaire who owned the 'Le Figaro' daily and jet maker Dassault, has died. He was 93, the media reported.

In a short statement, the Dassault family announced that the industrialist and media magnate "died at his office on the Champs Elysees, following a heart attack (on Monday)", reports CNN.

Serge Dassault was one of France's richest men, with a fortune estimated by Forbes at about $26 billion.

In an article published on its website, Le Figaro described him as "the head of one of the wealthiest dynasties in France and one of the most influential and powerful family holdings".

The diversified group he inherited from his father - Marcel Dassault - employs about 18,000 people and is a world leader in aviation, making Falcon private jets as well as the Mirage 2000 and Rafale fighter aircraft.

It owns Dassault Systemes (DASTY), which provides 3D computer-aided design software for industry, wine estates, an auction house and several very valuable works of art.

Serge Dassault also had a political career, serving as a conservative senator and mayor.



Read more news:



Uber rolls out 'Movement' to help tackle city congestion



6 of the Best Indian AI Startups in 2018


Source: IANS
SPOTLIGHT
US Indian
Facebook-owned photo messaging app Instagram has launched the beta version of its in-app sh..
Business
The Pentagon has selected Microsoft and Amazon Web Services (AWS, the cloud computing arm ..
Enterprise IT
Taking on streaming giants like Netflix and Hulu, Walt Disney Co. has announced it will laun..
Career
Wiley, a global leader in research and education has announced a series of blended learning progr..
Technology
Facebook-owned messaging app WhatsApp is still developing its previously announced "Vacatio..
Finance
The Reserve Bank of India injected a total liquidity of Rs 2.98 lakh crore in the market in 20..
Entertainment
"Game of Thrones" author George R.R. Martin doesn't want season eight to be the final chapter of "..
Gadgets
Google Pixel and OnePlus smartphones are catching up and giving stiff competition to Samsu..
Startup City
Youth are leading India's start-up ecosystem where the median age of founder-entrepreneurs..