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French tycoon Serge Dassault passes away

France's third wealthiest person with a net worth of $14.8 billion died in his office on the Champs-Elysees on Monday afternoon.

Paris: One of France’s richest men, Serge Dassault, has died in his office after suffering a suspected heart attack, his family announced on Monday. He was 93.

Dassault, head of aviation, media and software giant Dassault Group, was a titan of the French business world who served as a right-wing senator and a scandal-plagued mayor of a town south of Paris.

France’s third wealthiest person with a net worth of $14.8 billion died in his office on the Champs-Elysees on Monday afternoon.

“The family and the Dassault group will communicate shortly about the modalities for paying homage to Serge Dassault,” said the statement from the family.

Dassault is best known for his controlling stake in Dassault Aviation, which has made a series of famed planes, including the Falcon business jet, the Mirage fighter and the country’s most cutting-edge military jet, the Rafale.

( Source : AFP )
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