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– With 20 billion euros, this family from the North was placed in eighth position among the greatest French fortunes in 2023, according to Challenges.
He is the strong man of the Mulliez group. Barthélémy Guislain has been renewed Saturday May 25 for five years at the head of theMulliez Family Association (AFM), owner of Auchan, during a meeting bringing together its members, we learned from a Source close to the association. He “was appointed to unanimity of his peers, the nine members of the board of managers, chairman of the board of managers”this Source told AFP.
it’s about the third consecutive election for this 50-year-old man, elected for the first time in 2014, then re-elected in 2019. The AFM is a family galaxy of nearly 900 cousinsat the head of 130 brandsincluding Auchan, but also Decathlon, Leroy-Merlin, Saint Maclou, Jules, Kiabi, Pizza Paï and Electro Depot.
Auchan, Leroy Merlin, Decathlon… the Mulliez epic in mass distribution
In the greatest secrecy
“THE 850-900 shareholders of the association elect the nine members of the management board” of the association, recalled this Source. The annual turnover of their companies, which also include Flunch, Weldom and Boulanger, reached 100 billion eurosFor 650,000 jobs around the world.
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The members of this economic interest group, founded in 1955, manage their affairs with family and in the greatest secrecy. A sort of shareholders’ agreement, mixing civil companies owned by the family and holding companies managing the brands. Only the descendants of the original Mulliez couple, Louis and Marguerite, as well as their spouses, commonly called “added values”, are authorized to own interestswhich is the case for Barthélémy Guislain, married to a Mulliez.
The AFM is at the heart of an investigation carried out in Paris into suspicion of tax fraud, in which several heirs of the family were indicted. Contacted by AFP in early May, the family said “totally serene” regarding a procedure according to her “devoid of any basis”. With 20 billion eurosthis northern family placed itself in eighth position of the greatest French fortunes in 2023, according to Challenges.
