Thursday, July 5, 2018


We are learning the secrets of France's richest family. At least, they appear to be the richest family in France. They have businesses with annual revenues of about $70 billion -- and more than a quarter of a million employees. but we'll bet you never heard of them. And you've almost certainly never seen a picture of them. they are the 

Image result for Mulliez family

Mulliez family from the north of France.
Discreet. Private. Unostentatious.

They own huge discount shopping centers all over France and much of Europe. They were able to figure out how to run large-surface, low-price, rapid-turnover merchandising enterprises. Once they had the system figured out, they were able to apply it to several different retail industries.

The Mulliez family has been in business for half a century. They have managed  to create one of the world's biggest and most profitable family business empires. And they have done it while also creating one of the biggest and most successful families.

From a business perspective, they followed the three-step success formula : They got to work early. They stayed late. they "struck oil" in the discount retail business.

But the really remarkable thing is the way the Mulliezes have been able to work together as a family, providing all the members -- including over 520 in the extended family, not just those who happen to run the business -- with substantial and enduring wealth.

Click here to continue reading page 8 of Family Fortunes
onward ...


Was it because offensive weapons had achieved supremacy? With the invention of modern artillery, there was no standing behind castle walls to protect a local fiefdom.

Or was  it because


No comments: