Patrick Drahi
$7.15B
$98.4M (1.4%)
as of 11/22/24
About Patrick Drahi
Telecoms magnate Patrick Drahi is the founder and owner of multinational Altice NV, which he took private in January 2021 at a $7.3 billion valuation.
Drahi built Altice with more than 20 acquisitions of lagging cable and mobile operators and has expanded further with highly leveraged deals.
In 2021, he spent approximately $4.2 billion to purchase an 18% stake in British telecom giant BT Group.
He stormed the U.S. in 2015 by buying a 70% stake in cable operator Suddenlink for $9 billion and snapping up Cablevision for $17.7 billion.
Those U.S. entities were spun off into Altice USA, which went public in June 2017.
Personal stats
Citizenship
FranceSource of wealth
TelecomResidence
Zermatt, SwitzerlandMarital status
MarriedBirth date
08/20/63 (age 61)Number of children
4Self-made
self-madePatrick Drahi’s fortune is worth
119K
troy ounces of gold
110K
median U.S. household
71K
median U.S. income
0.143%
U.S. credit card volume
0.029%
GDP of the United States
0.021%
United States debt
Net worth history
Annual ranking
Related people
Did you know?
Drahi owns auction house Sotheby's, which he took private in 2019.
Net worth over time
Real-time ranking
Financial assets
NYSE | ATUS-US
Altice USALONDON | BT.A-GB
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