Michel Chalhoub & family

$1.19B

as of 01/24/22

About Michel Chalhoub & family

Michel Chalhoub was the founder of the Chalhoub Group, a luxury retailer in the Middle East.

He started the business in 1955 by licensing the rights to sell three foreign brands (Christofle, Baccarat and Jean Patou) in Damascus, Syria.

Today the Dubai-based company has over 600 stores, selling brands like Chanel, Louis Vuitton and Christian Louboutin.

The Chalhoub Group is run by son Patrick and employs more than 12,000 people in 14 countries.

Personal stats

Citizenship

France

Source of wealth

retail

Birth date

10/09/31

Number of children

Self-made

self-made

Michel Chalhoub & family’s fortune is worth

20K

troy ounces of gold

18K

median U.S. household

12K

median U.S. income

0.024%

U.S. credit card volume

0.005%

GDP of the United States

0.003%

United States debt

Net worth history

Annual ranking

Did you know?

Chalhoub and his wife Widad, who were both passionate about French culture, decided to open the first Christofle boutique in Damascus together decades ago.