Michel Chalhoub is a successful and enterprising French billionaire. His net worth is estimated at $2.2 billion. According to Forbes, he is the 847th richest man in the world and the 22nd richest man in France. Though Michel has French citizenship, he resides in Dubai, UAE. Michel is a self-made billionaire, who worked hard and ambitiously to become the successful man he is today.
There isn’t much disclosed about this 83 year old billionaire’s childhood. All we know that he was born in France, and continues to hold French citizenship.
Michel is a self-made man. He single handedly founded and established the internationally famous Chalhoub Group. The group is based in Dubai and it distributes around 280 cosmetics and fashion lines across the area. Some of the fashion lines that are distributed by the group include luxury brands like Louis Vuitton, Chanel and Christian Louboutin. Michel founded the group in the year 1955 in Damascus, Syria. Initially the group had rights to only sell three French brands, namely Jean Patou, Christofle and Baccarat.