Age, Biography and Wiki
Patrick Drahi was born on 20 August, 1963 in Casablanca, Morocco, is an Israeli businessman and billionaire (born 1963). Discover Patrick Drahi's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 61 years old?
Popular As |
N/A |
Occupation |
Businessman |
Age |
61 years old |
Zodiac Sign |
Leo |
Born |
20 August, 1963 |
Birthday |
20 August |
Birthplace |
Casablanca, Morocco |
Nationality |
Morocco
|
We recommend you to check the complete list of Famous People born on 20 August.
He is a member of famous Businessman with the age 61 years old group. He one of the Richest Businessman who was born in Morocco.
Patrick Drahi Height, Weight & Measurements
At 61 years old, Patrick Drahi height not available right now. We will update Patrick Drahi's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
Physical Status |
Height |
Not Available |
Weight |
Not Available |
Body Measurements |
Not Available |
Eye Color |
Not Available |
Hair Color |
Not Available |
Who Is Patrick Drahi's Wife?
His wife is Lina Nazirah Zenie
Family |
Parents |
Not Available |
Wife |
Lina Nazirah Zenie |
Sibling |
Not Available |
Children |
4 |
Patrick Drahi Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Patrick Drahi worth at the age of 61 years old? Patrick Drahi’s income source is mostly from being a successful Businessman. He is from Morocco. We have estimated Patrick Drahi's net worth, money, salary, income, and assets.
Net worth |
US$12.8 billion (February 2020) |
Salary in 2024 |
Under Review |
Net Worth in 2023 |
Pending |
Salary in 2023 |
Under Review |
House |
Not Available |
Cars |
Not Available |
Source of Income |
Businessman |
Patrick Drahi Social Network
Timeline
, Forbes lists his net worth at $4.9 billion, ranking him 584th in the world.
Patrick Drahi (باتريك دراحي; פטריק דרהי; born 20 August 1963) is an Israeli billionaire magnate and investor with interests in media and telecoms.
He is the founder and controlling shareholder of the European-based telecom group Altice.
A former French citizen, he lives in Switzerland.
Drahi was born into a Jewish family in Casablanca, Morocco.
His parents both taught mathematics.
When he was 15, the family moved to Montpellier, France.
Drahi earned an engineering degree from École Polytechnique in Paris, and a post-graduate degree in optics and electronics from Télécom Paris.
After completing his postgraduate degree in 1986, Drahi began work as a fibre optics researcher at Philips.
He resigned in 1990 to go into business for himself, initially consulting in the United States on investment in European cable providers.
Drahi married Lina Nazirah (née Zenie), a Greek Orthodox Syrian naturalized in Switzerland, in 1990.
In 1994, in France, he founded Sud Câble Services; he and an American partner convinced mayors in southern France to allow them to lay cable for television in their towns.
In 1998 he sold the company to John C. Malone's UPC.
Drahi was paid in UPC stock and went to Geneva to work for the company.
He sold his position in UPC for approximately €40 million just before the dot-com bubble burst.
They moved to Switzerland in 1999 and live in Geneva.
In 2001, he founded the Amsterdam-based holding company Altice ATCE.AS, which soon began to buy up European cable companies.
In France, he founded the French cable operator Numericable and in 2013 bought SFR, the second largest mobile phone and internet provider in the country, from media conglomerate Vivendi.
In the UK, he bought 18% of the telecom BT in 2021 and in 2023 increased his stake to 24.5%.
Drahi owns the Israeli cable television company HOT.
In 2013 he founded the Israel-based international news channel i24news, which broadcasts in French, Arabic, and English.
In 2014, Drahi and his wife Lina created their family foundation, the Patrick and Lina Drahi Foundation, to support innovative programs in the areas of science and education, entrepreneurship and innovation, the arts, and Israel and the Jewish people, through organizational grants.
In 2014, Drahi's lawyer informed the magazine Challenges, who intended to include him in a list of France's top 500 fortunes, that he had given up his French citizenship and taken Israeli citizenship.
Altice entered the American telecommunications market in 2015 by purchasing 70% of Suddenlink Communications, the seventh-largest cable company in the US.
Later in 2015, Drahi bought Cablevision from the Dolan family, renaming it Altice USA with its flagship brand Optimum being the fifth largest cable operator in the USA.
In June 2015, Forbes estimated Drahi's net worth at $26.5 billion and ranked him as the 57th richest person in the world and the third richest in France.
But he reportedly acquired Portuguese citizenship in 2015, and has since been described as a citizen of all three countries.
He was ranked as the richest person in Israel until 2016, when he came in second.
Incorporated in 2016 and headquartered in Zermatt, Switzerland, the foundation supports programs in Switzerland, France and Portugal.
In 2018, the Dolans sued Altice USA over alleged violations of the terms of the sale.
In June 2019, Sotheby's announced it was being acquired by Drahi at a 61% market premium.
They have four children: Graziella, who is Vice President–Growth at Altice USA, Angélina, who chairs the family's charity foundation, and twin sons David, who joined the board of directors of Altice USA in 2019, and Nathan, who formerly worked in London in private equity and was appointed Managing Director of Sotheby's Asia in 2021.
In September 2020, to take the company private, Drahi offered €2.5 billion to minority shareholders of Altice.
An increased bid was accepted in January 2021.