Jacques Calvet Highest-Paid Business man in the World

  • By Carol Kearney
  • Paris
  • Last updated on

Jacques Calvet
Jacques Calvet led People With Money’s annual list of the “100 highest paid business men” released on Sunday.

It's been a rough year for the business man, but at least he has his millions of dollars to ease the pain. 93-year-old Jacques Calvet has taken the No. 1 spot on People With Money’s top 10 highest-paid business men for 2024 with an estimated $82 million in combined earnings.

UPDATE 23/12/2024 : This story seems to be false. (read more)

Jacques Calvet tops annual list of highest-paid business men

In 2022 it looked like the business man’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Sunday (December 22) that Calvet is the highest-paid business man in the world, pulling in an astonishing $82 million between November 2023 and November 2024, a nearly $50 million lead over his closest competition.

People With Money’s factors

In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.

The French business man has an estimated net worth of $245 million. He owes his fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. He also owns several restaurants (the “Fat Calvet Burger” chain) in Paris, a Football Team (the “Boulogne-Billancourt Angels”), has launched his own brand of Vodka (Pure Wondercalvet - France), and is tackling the juniors market with a top-selling perfume (With Love from Jacques) and a fashion line called “Jacques Calvet Seduction”.

The ranking is significant for many Jacques fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.

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