Clement Fayat
Saint-Émilion, France
France
construction, Self Made
$1,300,000,000
1717
#1717 Billionaires 2019
The son of a bricklayer, Clement Fayat started his own civil engineering firm in 1957 when he was just 25.Now Fayat Group is one of the largest privately-held construction and civil engineering firms in France.The company has 19,000 employees in 170 countries.After 56 years at the helm, Fayat handed off management to his sons, Jean-Claude and Laurent in 2013.He is still honorary president of the Bordeaux-based Fayat Group.
A wine lover, Fayat owns three vineyards in Bordeaux, where he spends some of his time seeking to help improve them. A road in the city where he started his first public project was renamed "Avenue Clément Fayat" in 2017 in recognition of the company's 60 year anniversary.
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