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Xavier Niel, the betting fan on the press

2020-10-25T18:03:03.148Z


STORY - At 53, the billionaire founder of the Iliad (Free) group has built up a small empire in the sector.Who wants to hear it, Xavier Niel says he only deals with Free in France. For the rest, he delegates. But in reality, this hyperactive has an eye on everything. First, on his old passions, start-ups and real estate. And now on the press. If he says he never had any ambition in this sector and was not interested in the issue of the recovery of the Worldthat at the request of his friend Matthieu Pig


Who wants to hear it, Xavier Niel says he only deals with Free in France.

For the rest, he delegates.

But in reality, this hyperactive has an eye on everything.

First, on his old passions, start-ups and real estate.

And now on the press.

If he says he never had any ambition in this sector and was not interested in the issue of the recovery of the

World

that at the request of his friend Matthieu Pigasse, times have changed.

Since the takeover in 2010 of the Le Monde group, at the time on the verge of bankruptcy, there was the express takeover in 2014 of

L'Obs

then, in one year, between June 2019 and June 2020, the acquisitions successive groups Nice-Matin, France-Antilles and Paris Turf, all in serious difficulty.

Xavier Niel's activities in the press today constitute a small empire which blithely weighs more than 500 million euros by integrating the Le Monde group, and which employs around 2,500 people.

To read also:

Press: Xavier Niel the new "papivore"

These activities are all housed in his holding

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Source: lefigaro

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