#471
Jacques Saadé Jr
France 54 years old
Overview
- Source of Wealth
- Shipping
- Industry
- Logistics
- Residence
- Marseille
- Children
- 2
Biography
Jacques Saadé Jr. is the son of late shipping magnate Jacques Saadé, who died in 2018.
The Saadé family controls CMA CGM, one of the world's largest shipping companies, founded in Marseille, France in 1978.
Jacques serves as head of CMA CGM's real estate assets.
Jacques Saadé Jr. jointly controls the company with his siblings, Tanya Saadé Zeenny and Rodolphe, as well as his mother Naila.
The $55.5 billion (2024 revenues) company operates more than 700 vessels, serving 420 commercial ports in 160 countries.