Francois-Henri Pinault, the owner of Luxury fashion group Kering net worth has increased by $1.7 billion in one day – the lucky Wednesday, according to Bloomberg.
Kering worth more than $58 billion, is the parent company of 16 luxury brands including Yves Saint Laurent (YSL) Gucci, Stella McCartney, Alexander McQueen and athletic-wear firm Puma.
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Since summer 2016, Kering’s share price has more than doubled as Gucci and YSL sales jumped.
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Kering shares hit an all-time high on Wednesday when the company reported stronger quarterly revenues. Shares hit an all-time high, which brought the Pinault family’s fortune up to $26.1 billion.
The family also owns Christie’s auction house and controls more than 2,000 artworks. Pinault, 55, has been married to actress Salma Hayek, 49, since 2009.
The power couple has one daughter Valentina, who is now 9 years old.
