Who is Paul Fribourg (Businessman)? See Net-worth, Quote, Awards, Fact, Wiki

Paul Fribourg Wiki Biography

Paul J. Fribourg is a businessman born on 22nd February 1954 in New York City USA, and is best known for being the chairman and CEO of ContiGroup Companies grain trading firm, and is the sixth generation of the Fribourg family to lead the company.

Have you ever wondered how rich Paul Fribourg is? According to sources it has been estimated that Paul Fribourg’s net worth is $35 million, as of late 2017, acquired by continuing to run the family business founded in the early 19th century. His skills in managing the company have significantly increased his net worth, and since he is still an active businessman, his wealth continues to grow.

Paul Fribourg Net Worth $35 Million

Paul was one of five children born into the Jewish-American family of businessman Michel Fribourg, chairman emeritus of Continental Grain, and his wife Mary Ann. He attended Amherst College and gained a bachelor’s degree in Business Administration and Economics, perfecting his knowledge at Harvard Business School where he earned an Advanced Management degree. Soon after graduation in 1976, Fribourg took over the position of chairman and CEO of ContiGroup Companies, formerly known as Continental Grain, which is a multinational corporation with Belgian and French roots, represented in 10 countries and employing more than 13,000 people around the world. During his long and successful business career, Paul has also held numerous positions in the company, both in USA and Europe; some of them are Executive Vice-President of the Commodity Marketing Group, Group President of World Grain, and General Manager for Continental Grain Company’s European operations. He currently leads the Independent Director of Loews Corporation and Burger King, and is a member of several company boards, including The Estee Lauder Companies, Inc., Apollo Global Management, LLC, Castleton Commodities International, America-China Society and Endeavor Global, Inc. His duties and influence don’t stop here, however, as he also serves as the director of the Continental Grain Foundation and is a member of the Brown University Advisory Council on China, and International Business Leaders Advisory Council for the Mayor of Shanghai.

Paul is also taking part in the activities of various educational institutions such as the Lauder Institute at Wharton Business School where he is a chairman, and New York University, where he serves as director and the Nightingale School.

When it comes to his private life, Paul is married to Josabeth Amar, the daughter of David Amar, a Moroccan businessman. Fribourg and his wife have four children, plus three from her first marriage. However, Paul was involved in a scandal in 2007 when his years-long affair with CNN newscaster Paula Zahn was revealed. Namely, at the time Fribourg was divorcing his wife but following this event, the two decided to reconcile. In 2012 it was reported that Paul spent $27.2 million on an apartment in Fifth Avenue in Manhattan.



Net Worth $35 Million
Date Of Birth February 22, 1954
Place Of Birth New York City USA
Profession Businessman
Education Amherst College
Nationality American
Parents Michel Fribourg

You May Also Like

Jack Warner’s net worth, biography, fact, career, awards and life story

Jack Warner net worth: Jack Warner was a Canadian American film executive who had a net worth of $300 million at the time of his death (adjusted for inflation). He was best known for being the president of Warner Bros. Studios. Jack Warner was born in London, Ontario, Canada in August 1892 and passed away in September 1978. His career spanned 45 years which was the longest of other Hollywood studio moguls. Warner served as the co-head of production for Warner Bros. Studios in Burbank, California and worked with his brother Sam Warmer. The pair produced the technology for the first film featuring speaking which was The Jazz Singer in 1927. After Sam’s passing, Jack Warner clashed with his older brothers Harry and Albert Warner. He secretly purchased their shares of the company. He was seen as a contradictory and enigmatic individual. While he was a staunch Republican he encouraged films that promoted Democratic President Franklin D. Roosevelt’s New Deal. He won an Academy Award for Best Picture for My Fair Lady in 1965 and received the Cecil B. DeMille Award from the Golden Globes in 1956. He also received a star on the Hollywood Walk of Fame in 1960. Jack Warner passed away on September 9, 1978 at 86 years old. Sale of Shares: In 1966, at the urging of his wife Ann who wanted him to slow down and retire, Jack sold his 1.6 million shares in Warner Bros. to Seven Arts Production for $24 million. That’s the same as around $190 million in today’s dollars after adjusting for inflation. Beverly Hills Estate: 1937, Jack bought a 10-acre property in Beverly Hills. He built a 13,000 square-foot mansion pools, a tennis court and even a 9-hole golf course. It would later be known as the Jack Warner Estate: Jack’s widow Ann lived on the property until her death in 1990. Upon her death, the property was acquired by music producer David Geffen for $47.5 million. It was the most expensive real estate transaction in US history at that point. FYI, $47.5 million in 1990 is worth the same as around $93 million today after adjusting for inflation. On February 12, 2020 David Geffen sold the estate to Jeff Bezos for $165 million, setting the record for most expensive property sale in California history.
Read More