Michelin Net Worth (Updated 2025).
Michelin, a name synonymous with tires worldwide, was founded in 1889 by two French brothers, Édouard and André Michelin, in Clermont-Ferrand, France. The company’s journey began when the brothers took over their father’s rubber factory, initially producing bicycle and carriage tires.
The brothers were innovative from the start. In 1891, they invented the removable pneumatic tire, a significant improvement over solid rubber tires. This invention laid the groundwork for their future success, as it made bicycles and later automobiles more comfortable and efficient. Their fame began to grow as they supplied tires to the growing number of cyclists and, later, to the nascent automobile industry.
Michelin’s Current Net Worth (2025)
According to the latest available information, Michelin’s net worth in 2025 is estimated to be around $13.5 billion. This figure is subject to change and may not reflect the company’s current net worth.
Career
Michelin is a French multinational corporation that specializes in manufacturing tires for various types of vehicles. The company was founded by the Michelin family in 1889 and has since grown to become one of the largest tire manufacturers in the world. Michelin is also known for its famous Michelin Man (Bibendum) mascot and its high-quality products.
Other Ventures
In addition to tires, Michelin also operates in other sectors such as restaurant guides, maps, and tourism services. The company’s Michelin Guide is a renowned restaurant rating system that is used worldwide. Michelin also produces maps and provides tourism services through its subsidiary, Michelin Travel Partner.
Assets
Michelin’s assets include numerous manufacturing plants and research and development centers located around the world. The company also owns a significant amount of intellectual property, including patents and trademarks. Additionally, Michelin has a substantial amount of cash and cash equivalents on hand.
Annual Income
In 2021, Michelin reported a total revenue of €27.0 billion. The company’s annual income has been steadily increasing over the years, reflecting its strong global presence and market position. Michelin’s annual income is generated primarily from the sale of tires and related services.
Frequently Asked Questions about Michelin
**Frequently Asked Questions: Michelin Net Worth**
1. What is Michelin’s net worth?
Michelin’s net worth is estimated to be around $14 billion.
2. Who is the CEO of Michelin?
The current CEO of Michelin is Florent Menegaux.
3. When was Michelin founded?
Michelin was founded in 1889 by Édouard Michelin and his brother André.
4. Where is Michelin headquarters located?
Michelin’s headquarters is located in Clermont-Ferrand, France.
5. How many employees does Michelin have?
As of 2021, Michelin has approximately 121,800 employees worldwide.
6. What are some of the products Michelin produces?
Michelin produces tires for various types of vehicles, including cars, trucks, buses, bicycles, and airplanes, as well as maps, guides, and other travel-related services.
7. In which countries does Michelin operate?
Michelin operates in 170 countries worldwide.
8. What is Michelin’s stock symbol?
Michelin is a privately held company, so it does not have a stock symbol.
9. How does Michelin contribute to sustainability?
Michelin is committed to sustainability and has set goals to reduce its environmental impact, including decreasing CO2 emissions and increasing the use of renewable materials in its tires.
10. What are some of Michelin’s most famous products or services?
Some of Michelin’s most famous products include the Michelin Man mascot, the Michelin Guide for restaurants, and the Michelin Pilot Sport tires for high-performance vehicles.
