About
- Name: XAVIER NIEL
- English name: XAVIER NIEL
- Native name: ---
- Alias: ---
- Award: ---
Description: Technology entrepreneur xavier niel owns more than 70% of publicly-traded iliad, the parent company of his telecom outfit free. his portfolio includes ownership of monaco telecom and orange switzerland, the latter of which he acquired in 2014 for $2.9 billion and renamed salt. niel's initial venture, worldnet, was france's first internet provider. he started it in 1993 at age 25 and exited seven years later for $50 million. he financed the construction of a startup incubator, station f, which opened in paris in june 2019, and created free computer programming school 42. in october 2020, niel bought a 3% stake in commercial real estate firm unibail-rodamco- westfield; he currently owns 11% of the stock.
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