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Portrait de Albert Frère
Birthday : 02/04/1926
Place of birth : Fontaine-l'Évêque - Belgium
Country of residence : Belgium
Linked companies :
No connection available

Summary 
Mr. Albert P. Frère is Chairman at Financière de la Sambre SA, Member-Management Board at Groupe Arnault SE, Chairman at Frère-Bourgeois SA, Chairman at Erbe SA, Chairman at Stichting Administratiekantoor Frère-Bourgeois and Member-Strategy Planning Board at Université Libre de Bruxelles.

He is on the Board of Directors at LVMH Moët Hennessy Louis Vuitton SE, Belholding Belgium SA, GBL Energy SARL, GBL Verwaltung SA, Société des Amis du Louvre and Université du Travail. Mr. Frère was previously employed as Vice Chairman by GDF SUEZ SA, Chairman-Supervisory Board by Métropole Télévision SA, Chief Executive Officer & Managing Director by Groupe Bruxelles Lambert SA, Chief Executive Officer & Managing Director by Groupe Bruxelles Lambert SA (Investment Company), Vice Chairman by Pargesa Holding SA, a Member by Cercle de Lorraine ASBL, Chairman by Château Cheval Blanc SC, Chairman by Fingen SA, Chairman by LOVERVAL FINANCE SA, and Vice Chairman by SUEZ SA /Old/.

He also served on the board at Gruppo Banca Leonardo SpA, Centre de Transposition Semi-Industrielle de la Recherche, Féderal Charity the Friends of the Blind, Gbl Finance SA, Lafarge SA, Parjointco NV and Raspail Investissements SA.


Biography of Albert Frère 
Albert, Baron Frère (born 4 February 1926 in Fontaine-l'Évêque near Charleroi, Belgium) is a Belgian businessman and the richest man in Belgium.

Frère grew up as a son of a nail merchant and helped in the business since an early age. His father died when Frère was 17; Frère had to leave school and run the family business by himself. At the age of 30, he started investing in Belgian steel factories and by the end of the 1970s he practically controlled the whole steel industry in the region of Charleroi. He foresaw the coming steel crisis of the late 1970s and sold his enterprises to the Belgian state after merging them with the competing steel firm Cockerill to create Cockerill-Sambre.

Frère used the proceeds from this sale to build an investment empire around the Swiss holding company Pargesa which he founded with the Canadian investor Paul Desmarais. Pargesa took over the Belgian holding company Groupe Bruxelles Lambert in 1982 and over the year added significant stakes in such wide ranging Belgian companies as Petrofina, Royale Belge Insurance, Compagnie Luxembourgoise de Télédiffusion (CLT), and Tractebel. He actively promoted international consolidation of the sectors in which he was involved, selling Banque Bruxelles Lambert to ING Group, Royale Belge to Axa, Tractebel to Suez, Petrofina to Total S.A., and RTL to Bertelsmann.

Frère is married and has three children. In 2002, he received the title of baron from the Belgian king Albert II. He is a co-owner, together with Bernard Arnault of LVMH, of the Château Cheval Blanc winery near Bordeaux. He is a member of the Cercle Gaulois.

Overview over Albert Frère's shareholdings as of May 2009

Schematic overview of Albert Frère's shareholdings



Source @ Wikipedia



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