Celebrity Then And Now
Posted by Ryan Neal
Celebrity Then And Now
Publication: RidiculouslyExtraordinary. Posted by Ryan Neal
Daughter of Michel Besnier
Currently Known For:
Heiress to Lactalis Fortune
March 5, 1980
Daughter of Michel Besnier
It’s estimated that around two-thirds of the world’s population is lactose intolerant. You’d think with those kinds of numbers that the market for dairy would be quite small, but those that don’t suffer from the allergy consume a lot of dairy. One company that’s been able to make billions upon billions of dollars in the dairy game is Lactalis, a company that was founded more than 80 years ago, and enjoys success as one of the world’s largest. It’s also made billionaires out of the key players in the company, including young Marie Besnier Beauvalot, who’s only in her late 30s.
Lactalis was created back in the 1930s when Andre Besnier when he started making cheese in a country where it’s not easy to please cheese fans. Throughout the subsequent decades, however, Lactalis proved to be successful and grew to the point where they were acquiring several companies both domestic and abroad. Some of the key businesses acquired by Lactalis include Sorrento and Parmalat, to name a few. Eventually, the company was controlled by Besnier descendent Michel Besnier, Andre’s son, but is now run by Michel’s son Emmanuel.
Before passing away, Michel had three children, with Jean-Michel being the oldest, born in 1968. Emmanuel was born in 1970, while Marie was born in 1980. Michel passed away in 2000 at 71 years old, leaving all 100 percent of his fortune to his three children. Unlike Emmanuel, Jean-Michel and Marie chose to stay away from the business operations, enjoying a life of riches without having to worry about running the family company for decades to come.
Not even 40 years old, Beauvalot has seen her fortune climb throughout the years, and is now among the richest people in the world. Beauvalot has just over 20 percent of her family’s company, which is good enough to make her worth an estimated $5.2 billion. This is a vast increase over recent years, in which she entered the billionaires list at a net worth of $1.5 billion. It’s been a steady growth ever since then, and now Beauvalot is worth an estimated $5.2 billion, with some estimates as high as $5.2 billion. That means that the 38 year old is one of the 400 richest people on Earth, and figures to stick around on the world’s wealthiest list for decades to come.
Despite being so tremendously wealthy, most of the headlines that you see around Beauvalot aren’t talking about the richest people in general, but the most beautiful billionaires of the world. Not many people know what she does on a day-to-day basis, but finding photos of the French heiress doesn’t take a lot of work. One recent list had her as the most beautiful billionaire in the world, combining looks with fame and fortune. For the rest of us, we’re just going to have to settle for being somewhere in the top half of the world’s population for the most part.
Beauvalot, whose surname comes through marriage, hasn’t strayed too far away from the business, however. She still lives in Laval, Mayenne, France where Lactalis is headquartered, as she still owns one-third of the company. She’s still in an executive role as a one-third owner of the company, though the business decisions tend to be kept with Emmanuel, who’s done a tremendous job at running the company as it experiences continued growth. Lactalis has contributed to nearly $20 billion in revenue on a yearly basis, with around 80,000 employees around the world.
The better that Lactalis does from year to year, the more money that Beauvalot sees as a result. Emmanuel’s decisions have increased the net worth of his two siblings, which have included some notable moves over the past few years. Lactalis has acquired companies such as Skanemejerier, Yildiz Holding, Itambe and Siggi’s Dairy. They’ve branched out into pretty much every major market in the world, recently getting into Malaysia where they took over for much of Nestle’s business in the country.
With over 230 production sites and a hand in more than 40 countries, Lactalis looks to be a giant in the industry for generations to come. Even here in the United States, many in the city of Buffalo, New York are employed by Lactalis’s American division. Parmalat continues to be the biggest acquisition that Lactalis has seen, with around 28,000 employees of their own and revenues north of $7 billion. It’s acquisition in 2011 is what helped boost Beauvalot and her siblings into extreme wealth as they climbed the ranks quickly.
Whenever a new branch opens or another country gets added to the long list of Lactalis’s resume, Beauvalot sees her net worth grow even more. With her young age and continued success of the family company, there’s no telling how far up the list of the world’s richest that she might climb, but you can expect it to keep rising in the coming years.