Free founder (and individual shareholder of Groupe Le Monde), Xavier Niel, has joined the board of directors of ByteDance, the Chinese parent company of TikTok. The billionaire, who has been listed on the Chinese group’s website since Friday, August 30, has not commented on this appointment.
The board of directors of the Chinese group, chaired by Rubo Liang, co-founder and CEO of the company, includes several international businessmen, including the Chinese Neil Shen. Xavier Niel will replace Philippe Laffont, director of the American investment fund Coatue Management.
if the site The information had reported on August 23 of Coatue Management’s desire to sell part of its shares in the company, no information suggested that he would be replaced by Free’s boss.
According to the magazine ChallengesThe fortune of the owner of Iliad, a telecommunications group present in France, Italy and Poland, is estimated at 22.1 billion euros, making him one of the ten richest people in France.
Xavier Niel will also be at the Olympia on September 18 to explain “How to become a billionaire”on the occasion of the publication of a book that he will present on the stage of the Parisian hall. “How to become a billionaire? That is the question everyone is asking. In France, there are only 53 people who can answer it. Only one will do so on the Olympia stage.”promises the pitch on the ticket sales site, without giving further details.