How Vincent Bolloré reorganizes his empire without giving up an ounce of power

How Vincent Bolloré reorganizes his empire without giving up an ounce of power

2024-10-30 04:52:00

INVESTIGATION – As a good financier, the patriarch hopes to perpetuate, with the split, his trademark: succeeding in controlling companies without ever having to become the majority shareholder.

« I retired two years ago, and left my place to my successors, who lead admirably »assured, with a smile, Vincent Bolloré to the deputies of the commission of inquiry of the National Assembly devoted to TNT frequencies. It was last March 23. At 72 years old, the patriarch’s influence in the management of his empire is stronger than ever. The CEO of Compagnie de l’Odet, the controlling holding company of the Bolloré group, makes frequent trips between his Breton mansion in Beg Meil ​​(Finistère) and his office at 16e arrondissement, not far from his Parisian residence. He is completing two projects in parallel: the split of his entertainment empire Vivendi and the simplification of the cascade of holding companies which allows the Bolloré family to control it.

« Without giving up an ounce of power yet »confides a close family member. Vincent Bolloré had already succeeded in transforming Vivendi into a distribution machine…

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