Julien, 46, and Adrien, 41, the fourth generation of one of Europe’s richest families, are now directors in the supervisory board, according to a company filing as reported by Bloomberg.
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Managing Director of Dassault Group Laurent Dassault seen in an event in Paris, France in February 2025. Photo by AFP |
GIMD oversees the family’s extensive assets, including fighter and business jets, real estate, fine wines, an art auction house, and Le Figaro, a highly influential French newspaper.
The family’s wealth is estimated at approximately $42.4 billion, per the Bloomberg Billionaires Index.
In addition to a 40% stake in Dassault Systemes SE, the heirs hold nearly 67% of Dassault Aviation, which has thrived due to the Rafale military aircraft and its stake in defense contractor Thales SA.
But the Dassault succession is fraught with tension among the surviving third-generation siblings.
Recently, the GIMD chairmanship has alternated between Marie-Helene and Thierry, the siblings of Laurent who continue to serve on the board.
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Jets produced by Dassault Aviation seen in an exhibition. Photo courtesy of the company |
Since early this year, Eric Trappier, chairman and CEO of aerospace company Dassault Aviation, has been overseeing GIMD.
Laurent and his siblings inherited the Dassault assets following the death of their father, Serge Dassault, in 2018.
After spending 13 years in banking, Laurent joined Dassault Groupe, the family’s aerospace and software conglomerate, in 1991. Additionally, he serves as a director of Artcurial, the family’s art auction house, which also handles auctions for horses and real estate, according to Forbes.
Laurent’s grandfather, Marcel, established Dassault Aviation, a company that started out producing propellers during World War I.
