Kering, a global luxury group, traces its roots back to 1963 when it was founded by François Pinault, a French entrepreneur. The company, then known as Pinault-Printemps-Redoute (PPR), began its journey as a timber and construction business in Brittany, France. Pinault’s vision was to build a diversified conglomerate, a strategy that would eventually lead to its transformation into a leading player in the luxury industry.

In the late 1980s and early 1990s, Pinault expanded PPR’s portfolio to include retail and luxury goods. He acquired several prestigious brands, including Gucci in 1999, which was then facing financial difficulties. Under Pinault’s leadership, Gucci was successfully revitalized, and its iconic status was restored. This marked a turning point for PPR, cementing its position in the luxury sector.

Kering’s Current Net Worth (2025)

As of 2025, Kering’s current net worth is estimated to be around $35 billion. This figure reflects the company’s significant growth and success in the luxury goods industry.

Kering’s Career

Francois-Henri Pinault, the current CEO of Kering, began his career at the family-owned company, Pinault-Printemps-Redoute (PPR), in 1987. He held various positions before becoming CEO in 2005. Under his leadership, PPR was rebranded as Kering in 2013, focusing on luxury and sports & lifestyle brands.

Kering’s Other Ventures

Kering’s portfolio includes luxury brands like Gucci, Yves Saint Laurent, and Balenciaga, as well as sports & lifestyle brands such as Puma. The company also has a significant investment in the jewelry sector with brands like Boucheron and Pomellato.

Kering’s Assets

Kering’s assets are primarily comprised of its luxury and sports & lifestyle brands. As of 2021, the company’s total assets were valued at over $50 billion, with the majority of this value coming from its brands’ intangible assets, such as their trademarks and intellectual property.

Kering’s Annual Income

In 2021, Kering reported an annual revenue of €17.5 billion. This figure represents a significant increase from the previous year, demonstrating the company’s resilience and growth despite the challenges posed by the COVID-19 pandemic.

Frequently Asked Questions about  Kering

Frequently Asked Questions: Kering Net Worth

1. What is Kering’s net worth?

Kering’s net worth is estimated to be around $50 billion as of the latest estimates.

2. Who is the CEO of Kering?

The CEO of Kering is François-Henri Pinault.

3. What does Kering do?

Kering is a global luxury group that manages a portfolio of prestigious brands in the luxury, sports & lifestyle, and jewellery sectors.

4. Which brands does Kering own?

Kering owns brands such as Gucci, Yves Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, and Boucheron, among others.

5. When was Kering founded?

Kering was founded in 1963 by François Pinault.

6. Where is Kering headquartered?

Kering’s headquarters are located in Paris, France.

7. What is Kering’s revenue?

Kering’s annual revenue is around $17 billion.

8. How many employees does Kering have?

Kering employs approximately 43,000 people worldwide.

9. What is Kering’s stock symbol?

Kering’s stock symbol is PPR on the Euronext Paris stock exchange.

10. What is Kering’s mission statement?

Kering’s mission is to create sustainable luxury by empowering its houses and fostering a creative and inclusive culture.