$7 Billion         |         Rank #375

Who is Patrick Drahi

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. Coming from an average or middle class family, Patrick Drahi is one those great persons who have stormed their way to the billionaires list on their own. And currently ranks at 375 on billionaires list making him one of the wealthiest ever persons on the planet. He is currently 58.0 years old. As of today, Patrick Drahi’s net worth is approximately 7 Billion.

Facts about Patrick Drahi

To find out what is Patrick Drahi Net Worth, how he got there and what is Patrick Drahi Salary Per Day, Career, Biography and Childhood details, continue reading below.

Background of Patrick Drahi

Patrick Drahi was born on 20-08-63 in France. But soon moved to Switzerland, nan in the city of Zermatt and spent most of the career building here. Drahi was born in Casablanca, Morocco and emigrated to France as a teenager. Drahi owns auction house Sotheby’s, which he took private in 2019.

Patrick Drahi net worth is estimated at 7 Billion Billion to date.

Professional Journey

You will see him often in social media.  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. There was a time when he would have embraced the change that was coming.  He is one of the persons who are always trending in news. Drahi was born in Casablanca, Morocco and emigrated to France as a teenager. In his youth, he was adventurous but unknown, but that was years ago. 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. He learnt to find the excitement that came with change. That curiosity had long left him to where he had come to loathe anything that put him out of his comfort zone. 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.
It is to be noted that Patrick Drahi is one of the selfmade billionaires in the world and stands at 375 in most wealthy persons in the world.

FAQs

Here are a few most frequently asked questions about Patrick Drahi:

How much is Patrick Drahi worth?

Patrick Drahi’s net worth is estimated to be 7 Billion.

How old is Patrick Drahi?

Patrick Drahi was born on 20-08-63, and is currently 58.0 years old.

What is Patrick Drahi source of income?

Patrick Drahi acquires most part of his wealth from telecom.
 

Concluding Patrick Drahi Net Worth

Currently with a net worth of 7 Billion, Patrick Drahi stands at 375 in the world billionaires list. And draws most of his wealth from telecom. Hope you like this information about Patrick Drahi. If you like this, then please share it with your friends. This above post is all about the estimated worth of Patrick Drahi. Do you have any queries? Feel free to ask via comment section.

Disclaimer: Please keep in mind that this is an estimated net worth of Patrick Drahi. Actual worth may vary a little. You can always get information by checking out Leaktown.com.