Alain_Taravella

Alain Taravella

Alain Taravella

French businessman

Alain Taravella (born 24 May 1948) is a French entrepreneur, billionaire and the co-founder, chairman and CEO of the Altarea SCA real estate group.[1]

Quick Facts Born, Alma mater ...

Biography

Taravella graduated from HEC Paris in 1971. He claims to have financed his studies by carrying out real estate operations on the sale of apartments in Parly.[2]

In 1975, he joined the Brémond group, a real estate development company, where he became head of the leisure division. The group became Pierre & Vacances in 1978, a company specialized in leisure centers. Taravella became CEO in 1985.[3]

In 1994, he founded Altarea, a shopping center development company. He took advantage of the downturn in the real estate market in the early 1990s to acquire land in droves.[4] In 1999, he worked on the Bercy Village development project, which Altarea marketed.[5] The company was listed on the stock exchange in 2004 and in 2007 acquired Cogedim, a real estate developer of housing and offices.

In 2010, after selling the Saint-Georges shopping center in Toulouse to the German Commerz Real,[6] he led the acquisition of Cap 3000, one of the oldest and most important regional shopping centers in France, in Saint-Laurent-du-Var.[7] In 2011, he led the acquisition by Cogedim Altarea of the RueDuCommerce shopping site, which was finally sold to Carrefour in 2016.[8][9]

Wealth

According to Forbes, Taravella retains 45% ownership of Altarea SCA and has an estimated net worth of $2 billion, making him the 1580th richest person in the world.[10]

References

  1. [1]
    "À quoi ressemblera la ville de demain?". LEFIGARO (in French). 18 October 2019. Retrieved 4 December 2021.
  2. [2]
    "Alain Taravella et sa famille - Les 500 plus grandes fortunes de France". Challenges (in French). 6 July 2021. Retrieved 4 December 2021.
  3. [3]
    "Alain Taravella : Co-fondateur et président-directeur général d'Altarea Cogedim". www.lsa-conso.fr. Retrieved 4 December 2021.
  4. [4]
    "PORTRAIT. Alain Taravella : les intuitions d'un promoteur". L'Obs (in French). 13 November 2011. Retrieved 4 December 2021.
  5. [5]
    "La renaissance du quartier Bercy". Les Echos (in French). 17 June 1999. Retrieved 4 December 2021.
  6. [6]
    "Toulouse. Le centre commercial Saint-Georges change de propriétaire". ladepeche.fr (in French). Retrieved 4 December 2021.
  7. [7]
    rédaction, La (19 June 2013). "Cap 3000 se déploiera sur 100.000 m² face à la mer en 2020". Nice-Matin (in French). Retrieved 4 December 2021.
  8. [8]
    "Pourquoi la foncière Altarea lance une OP A sur le site RueDuCommerce". lsa-conso.fr (in French). Retrieved 4 December 2021.
  9. [9]
    "Pourquoi un promoteur immobilier rachète Rueducommerce ?". www.journaldunet.com (in French). Retrieved 4 December 2021.
  10. [10]
    "Alain Taravella". Forbes. Retrieved 4 December 2021.
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