Patrick Drahi
$6.67B
as of 07/05/24
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 60)Number of children
4Self-made
self-madePatrick Drahi’s fortune is worth
111K
troy ounces of gold
103K
median U.S. household
67K
median U.S. income
0.133%
U.S. credit card volume
0.027%
GDP of the United States
0.02%
United States debt
Net worth history
Annual ranking
Related people
Did you know?
Drahi was born in Casablanca, Morocco and emigrated to France as a teenager.
Net worth over time
Real-time ranking
Financial assets
NYSE | ATUS-US
Altice USALONDON | BT.A-GB
BT GroupImages © Forbes.com. All rights reserved.