| Name: | Eric Wittouck |
| Net Worth: | $10 billion |
| Source of Wealth: | Artal Group SA / Tiense Suyker |
| Born: | October 5, 1946 |
| Age: | |
| Country: | Belgium |
| Wife: | Mayu Wittouck |
| Children: | 4 |
| Residence: | Monaco |
| Private Jet: | Unknown |
| Yacht: | EXUMA |
Eric Wittouck, a luminary in the world of international business and investment, is known for his successful investments and his entrepreneurial acumen. This wealthy Belgian businessman, born on October 5, 1946, is the illustrious founder of the Artal Group SA and a notable figure in the global investment landscape.
Wittouck was just in his thirties when he inherited the assets of his late parents, becoming a major shareholder in the family-run business, Tiense Suiker. This significant inheritance not only marked the commencement of his journey into the world of business and investment but also played a pivotal role in his later success.
In the 1980s, demonstrating a keen business sense and eye for strategic opportunities, Wittouck sold Tiense Suiker to the German sugar conglomerate, Südzucker. This transaction was valued at an impressive $1.5 billion, thus paving the way for his future investment endeavors.
The Artal Group is a prominent investment group founded by Wittouck. With a diverse and impressive portfolio, Artal Group’s investments have significantly contributed to Wittouck’s wealth, which now stands at more than $10 billion.
Wittouck, demonstrating his penchant for identifying lucrative investment opportunities, sold his shares in the organic animal nutrition group Blue Buffalo to General Mills in 2018. This deal resulted in an impressive profit of $3.5 billion, further enhancing his financial prowess.
Artal Group’s investments are not limited to just one industry. The group boasts a diverse investment portfolio that includes investments in praline manufacturer Neuhaus, fast-food chain Pizza Hut, Ghent biotech firm Plant Genetic Systems, and the globally renowned diet company, Weight Watchers.
One of Wittouck’s notable investments under Artal Group was the acquisition of the diet company Weight Watchers in 1999, for a hefty sum exceeding $700 million. This investment skyrocketed in value when TV celebrity Oprah Winfrey bought 10 percent of the shares in 2015. To this day, Wittouck still retains 20% of the Weight Watchers shares, underlining his continued belief in the company’s potential.
As a testament to his successful ventures and sound investment strategies, Wittouck’s net worth is now estimated at more than $10 billion, making him one of the wealthiest individuals in the world.
Wittouck is de nieuwe ‘Rijkste Belg’ – De Standaard
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He lives in Monaco. But he also owns a large castle in Belgium named Château de La Fougeraie. It is also known as Château Wittouck, and was built in 1911 for Eric (great?) grand father Paul Wittouck.
Belgium, situated in Western Europe, is a nation known for its rich history, diverse culture, and for being the administrative heart of the European Union. Its capital, Brussels, is home to many international organizations, including NATO. With a population of over 11 million people, Belgium offers three official languages, Dutch, French, and German, reflecting its vibrant cultural mosaic. The country is famed for its culinary delights, which include Belgian waffles, chocolate, and over 1,000 varieties of beer. Belgium is also recognized for its architectural treasures, from the medieval town of Bruges to the Atomium in Brussels. The nation’s economy is diverse, boasting strong sectors in manufacturing, services, and the creative industries. Belgium also nurtures innovation, with significant investments in technology and research. From its scenic landscapes to its bustling urban centers, Belgium offers an intriguing blend of tradition and modernity.
He was the owner of the Perini Navi motor yacht EXUMA. The yacht was sold Wittouck ordered a 55-meter (180) explorer yacht in the Netherlands. She is named Shinkai.
The yacht EXUMA was built by Perini Navi in 2010. She is designed by Vitruvius Ltd. She was sold to Ray Debbane, who named her Falco Moscata.
The motor yacht is powered by Caterpillar engines. Her max speed is 17 knots. Her cruising speed is 12 knots. She has a range of more than 3000 nm.
The luxury yacht can accommodate 11 guests and a crew of 7.
Exuma was sold to Raymond Debbana, who named her Falco Moscata.
We have not yet been able to identify his private jet. But please do send us a message if you have information about his business jet. The photos hereunder are just samples of some of the most successful private jets on the market.
(Photos by JetPhotos.com, Planespotters.net ; flightaware.com; flickr.com; picssr.com; planefinder.net ) Do you want us to remove a certain photo? Or credit a source? Please send us a message
Yacht Owners Database 2024
