Philippe Ginestet & family

$1.82B
$8.9M (0.5%)
as of 04/17/25

About Philippe Ginestet & family

Philippe Ginestet owns French discount chain GiFi, known for its low prices on household goods, the majority of which cost less than five euros.

GiFi boasts annual revenue of about $1.8 billion and some 540 stores, mostly in France.

Ginestet founded the company in 1981 and remains chairman. His son, Alexandre, is CEO.

In 2017, GiFi acquired Tati, a famous French discount chain often identified by its bright pink logo.

Personal stats

Citizenship

France

Source of wealth

Retail stores

Residence

Pujols, France

Birth date

01/01/54 (age 71)

Self-made

self-made

Philippe Ginestet & family’s fortune is worth

30K

troy ounces of gold

28K

median U.S. household

18K

median U.S. income

0.036%

U.S. credit card volume

0.007%

GDP of the United States

0.005%

United States debt

Net worth history

Annual ranking

Did you know?

Ginestet owns a chateau in France dating back to the 16th century, which he painted various colors and reopened as a hotel.

Net worth over time

Real-time ranking

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