RAY DEBBANE • Net Worth $1 Billion • House • Yacht • Private Jet • Invus Capital

Name:RAY DEBBANE
Net Worth:$1 billion
Source of Wealth:Invus Capital / Weight Watchers
Born:March 10, 1955
Age:
Country:USA
Wife:Carmen Debbane
Children:Carla Debbane
Residence:Greenwich, CT
Private Jet:Unknown
Yacht:Falco Moscata

Who is Ray Debbane?

Ray Debbane is the founder of Invus Capital He is also CEO at Erick Wittouck‘s ARTAL. He was born on March 10, 1955. He is married to Carmen Debbane.

Invus Capital

Invus Capital is a private equity firm based in New York. The company started in the 1980s, working exclusively for Eric Wittouck’s ARTAL.

Artal is an investment group, which owns a portfolio of companies worth more than $ 10 billion.

Debbane made his first spurs in 1996 when he bought the cookie producer Keebler Foods for Artal for $61 million. Two years later, he sold the company for a whopping $1 billion

And in 2018 Artal sold her shares in organic animal nutrition group Blue Buffalo to General Mills for $8 billion. His profit was $3.5 billion.

After several smaller but successful investments, Artal bought the diet company Weight Watchers for more than $700 million in 1999.

TV celebrity Oprah Winfrey bought 10 percent of the shares in 2015. Artal and Debbane earned billions with this investment and still own 20% of the Weight Watchers shares.

In 2012, Forbes named him “The mystery man behind Weight Watchers”.

Raymond Debbane Net Worth

His net worth is estimated at more than $1 billion. Ray and his wife Carmen Debbane are active philanthropists, through their Raymond Debbane Family Foundation.

Debbane chairs the board of Action Against Hunger USA.

Sources

https://www.forbes.com/deal-master-debbane-meet-the-secretive-lebanese-immigrant-behind-oprahs-weight-watchers-windfall/

https://www.invus.com/meet-our-team/

https://www.insidephilanthropy.com/wall-street-donors/raymond-and-carmen-debbane

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Invus Capital


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Raymond Debbane House

Ray Debbane Yacht

He is the owner of the Perini Navi motor yacht FALCO MOSCATA. The yacht was built for Debanne’s business partner Eric Wittouck Wittouck as EXUMA.

Wittouck bought a new yacht in the Netherlands.