- Kering is one of the largest and most profitable luxury conglomerates in the world.
- It was founded in 1963 by Francois Pinault, and started as a wood and building materials company . Today, it sells luxury goods, and, as of 2018, the company brought in about 13.7 billion in revenue, with Pinault boasting a net worth of $35.7 billion, according to Forbes .
- Since 2005, Kering has been led by Pinault's son, Francois-Henri, who is an avid gender rights activist and is married to actress Salma Hayek.
- The luxury conglomerate is best known for owning Gucci, Alexander McQueen, Yves Saint Laurent, and Balenciaga but those aren't the only luxury brands the conglomerate owns.
- Visit Business Insider's homepage for more stories.
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Gucci: One of Kering's mot popular brands, Gucci was 2019's fastest-growing luxury brand, with a brand valuation of $15.9 billion.
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Kering is one of the largest and most profitable luxury conglomerates in the world.
It was founded in 1963 as a wood and building materials company by Francois Pinault, whose family still owns it. As Business Insider previously reported , Pinault dropped out of high school when he was only 11 years old to work in his father's lumber mill, reportedly because his peers would make fun of his "poor background." Today, he has a net worth of $35.7 billion.
Since 2005, Kering has been helmed by Pinault's son, Francois-Henri, who is a noted women's rights activist and is married to actress Salma Hayek. Francois-Henri has helped the company expand in both size and profits to help take on luxury rival LVMH currently the largest luxury conglomerate on the planet.
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Kering is known for owning brands such as Gucci, Alexander McQueen, and Yves Saint Laurent but those are only some of its notable names. Keep reading to see the top 11 iconic brands owned by Kering, in ascending order from the year Kering acquired them.
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SEE ALSO: Louis Vuitton and Gucci are the only 2 luxury companies to consistently rank among the world's most valuable brands for the last 20 years. Here's how they grew to dominate the high-end retail sector.
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DON'T MISS: Sephora is opening 100 new stores across the country this year here are 17 of the most iconic brands owned by its parent company, French luxury giant LVMH