Xavier Niel

Quick Facts

Full Name	Xavier Niel
Occupation	Businessperson
Date Of Birth	Aug 25, 1967(1967-08-25)
Age	57
Birthplace	Maisons-Alfort
Country	France
Birth City	Île-de-France
Horoscope	Leo

Xavier Niel Biography

Xavier Niel is one of the most popular and richest Businessperson who was born on August 25, 1967 in Maisons-Alfort, Île-de-France, France. Xavier Niel (born 25 August 1967) is a French billionaire businessman active in the telecommunications as well as technology sector. He is best known as the founder as majority owner of French Internet service provider as well as Operator of mobile phones Iliad operating with the Free brand (France’s second-largest ISP and third largest mobile service provider). Niel is also the co-owner of Le Monde, the newspaper Le Monde, and co-owner of the rights to the hit song “My Way” and owner of Monaco Telecom. He is the deputy chief strategy officer and chairman for Iliad.

The year 1999 was the time he founded Free in 1999, in 1999, a French Internet service company. The name was derived due to the fact that internet access was free, which created a tensions with others (non-free) French Internet providers as well as caused some doubts about the business model of Free. The year 2002 was the time that Free introduced a broadband plan for a very low cost (EUR29.99 monthly) and was the standard in the market. In the same year, Free developed and launched the Freebox which was the first multi-service triple-play box in France. The free modem had given the company an impressive customer portfolio and many were opting to use broadband to improve their ease of use.

In late 2010 Niel was a member of a group of investors which acquired a controlling stake in the newspaper Le Monde.

In March 2010, Xavier Niel cofounded with Jeremie Berrebi Kima Ventures, a fund dedicated to invest in 50 to 100 startups a year everywhere in the world. Kima Ventures already invested in 330 companies from February 2010 to August 2014 in 32 countries. Business Insider described Xavier Niel and Jeremie Berrebi as almost certainly the most active angel investors in the world.

He was in 1999 when he created Online in 1999, an French hosting company.

Xavier Niel Net Worth

Xavier Niel is one of the richest Businessperson from France. According to our analysis, Wikipedia, Forbes & Business Insider, Xavier Niel 's net worth $5 Million. (Last Update: December 11, 2023)

He was a part of the 1995 made a bet into the very initial Internet Service Provider in France, World-NET, created the prior year Sebastien Socchard Philippe Langlois and Pierre Seguret. The company was sold that year, just before the Internet bubble burst.

Following the acquisition of a company that was later rebranded Iliad SA, Xavier Niel introduced in 1996 the first reversed directory service for the Minitel. The service brought in 1 million euros in annual revenue for Iliad until the closure of the minitel’s existence in France in 2012. Niel remains Iliad’s main shareholder, with 63.93 percent of the share capital.

On 28 May 2004, Xavier Niel was indicted and detained for a month for alleged procuring and misuse of company assets, which occurred in several sex shops in which he was a shareholder. On 30 August 2005, a Nolle prosequi was pronounced for the procuring part of his indictment, while on 13 October 2006, he was given a 2 years suspended prison sentence for the misuse of company assets.

Height, Weight & Body Measurements

Xavier Niel height Not available right now. Xavier weight Not Known & body measurements will update soon.

Who is Xavier Niel Dating?

According to our records, Xavier Niel is possibily single & has not been previously engaged. As of December 1, 2023, Xavier Niel’s is not dating anyone.

Relationships Record : We have no records of past relationships for Xavier Niel. You may help us to build the dating records for Xavier Niel!

As of April 2020, his net worth is estimated at US$6.7 billion.

Facts & Trivia

Xavier Ranked on the list of most popular Businessperson. Also ranked in the elit list of famous people born in France. Xavier Niel celebrates birthday on August 25 of every year.

Top Facts about Xavier Niel

1. Xavier Niel is a French billionaire businessman born in 1967.
2. He co-founded the telecommunications company Free Mobile in 2012.
3. Niel owns a majority stake in Iliad, Free’s parent company.
4. His net worth is estimated at $8 billion USD (2021).
5. Niel has invested in over 200 startups through his investment firm Kima Ventures.
6. He purchased a controlling stake in Le Monde newspaper in 2010.
7. Niel founded Station F, the world’s largest startup campus, in Paris.
8. In 2019, he pledged to donate €250 million to create a free coding school for underprivileged youth.
9. Niel was convicted of insider trading in 2004 and received a suspended sentence.
10. He is known for his unconventional management style and philanthropy efforts.