![Patrick Drahi photograph Patrick Drahi photograph](https://www.xwhos.com/photo/whois_patrick_drahi_2019-02-20_0.webp)
Patrick Drahi
Use attributes for filter ! | |
Gender | Male |
---|---|
Age | 61 |
Date of birth | August 20,1963 |
Zodiac sign | Leo |
Born | Casablanca |
Morocco | |
Spouse(s) | Lina Drahi |
Net worth | 8 billion USD (2019) |
Forbes | |
Parents | Marcel Drahi |
Lucette Drahi | |
Did you know | Patrick Drahi is the 10th-richest French person by net worth (5. 9 billion USD). |
Job | Businessperson |
Spouse | Lina Drahi |
Education | General And Technological High School Joffre |
École Polytechnique | |
Télécom Paris | |
Lycée Joffre | |
Nationality | French |
Israeli | |
Kittitian | |
Moroccan | |
Portuguese | |
Founded | Altice |
Altice USA | |
UPC France SA | |
I24NEWS | |
Children | 4 |
Date of Reg. | |
Date of Upd. | |
ID | 434990 |
Patrick Drahi Life story
Patrick Drahi is an Israeli billionaire, businessman telecoms, media tycoon, and investor, magnate. A former French citizen, he has been living in Switzerland since 1999.
Billionaire's stake in BT faces security probe
The government is to examine French billionaire Patrick Drahi 's increased stake in BT over National Security concerns, the telecoms giant has said.
Mr Drahi's company, Altice, prompting speculation The Firm could face a Takeover Bid .
The Business secretary will now probe The Move using new powers under the National Security and Investment Act.
BT said it would co-operate with the review.
In a statement, BT said that Business Secretary Kwasi Kwarteng was exercising his " call-in power" under the National Security and Investment Act 2021.
The new legislation came into force earlier this year, giving the government powers to scrutinise, impose conditions on, or block acquisitions on National Security grounds.
BT is in The Middle of a transformational programme to build a national broadband fibre network, a strategy crucial both to The Company and the government, which says it wants to boost regional growth.
Shares in BT fell More Than 4% in morning trading in London.
Mr Drahi, who also owns Auction House Sotheby's, first began buying BT shares last June. His purchase of just over 12% of The Company , worth £2. 2bn at The Time , made him the largest shareholder.
He now owns 18% of BT - 12% short of 30% at which point the takeover rules would force him to make an offer for the whole company.
Who is Patrick Drahi ?Mr Drahi's stake-building in BT sparked rumours about other possible bidders.
When news emerged of his increased stake in BT in December, the government insisted it would intervene if necessary.
Altice said then that it had no plans to make a full bid, but that could change if the circumstances did.
Source of news: bbc.com