| 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 |
Ray Debbane, a prominent figure in the business world, is renowned as the founder of Invus Capital and the CEO at Erick Wittouck’s ARTAL. Born on March 10, 1955, Ray Debbane has made significant contributions to the financial and investment sectors throughout his illustrious career. Let’s delve into the details of his achievements and ventures.
Invus Capital, a private equity firm based in New York, has emerged as a powerhouse in the financial industry. Established in the 1980s, the firm initially operated exclusively for Eric Wittouck’s ARTAL. Under the leadership of Ray Debbane, Invus Capital has played a pivotal role in managing investments and nurturing the growth of a diverse portfolio of companies, collectively valued at over $10 billion.
A notable success story for Ray Debbane and Invus Capital came in 1996 when they acquired the renowned cookie producer, Keebler Foods, for $61 million. Demonstrating astute business acumen, Debbane orchestrated the sale of Keebler Foods just two years later for a staggering $1 billion, marking a significant return on investment.
In 2018, Artal, under the guidance of Ray Debbane, made headlines once again with the sale of its shares in the organic animal nutrition group, Blue Buffalo, to General Mills for a staggering $8 billion. This transaction yielded a remarkable profit of $3.5 billion, further solidifying Debbane’s reputation as a savvy investor.
Among the notable ventures of Invus Capital was the acquisition of Weight Watchers, a prominent diet company, for over $700 million in 1999. This strategic move proved to be highly profitable for Ray Debbane and Artal. In 2015, TV celebrity Oprah Winfrey acquired 10 percent of the shares, leading to substantial financial gains. To this day, Artal and Debbane retain 20% ownership of Weight Watchers shares. Deemed “The mystery man behind Weight Watchers” by Forbes in 2012, Debbane’s influence in the business world continues to leave a lasting impact.
Ray Debbane’s accomplishments have translated into substantial financial success. His net worth is estimated to exceed $1 billion, a testament to his business acumen and entrepreneurial ventures. Together with his wife, Carmen Debbane, Ray actively engages in philanthropic initiatives through the Raymond Debbane Family Foundation.
Furthermore, Ray Debbane serves as the chairman of Action Against Hunger USA, demonstrating his commitment to addressing global hunger and making a positive impact in the world.
https://www.invus.com/meet-our-team/
https://www.insidephilanthropy.com/wall-street-donors/raymond-and-carmen-debbane
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The Debbane Family lives in a large residence in Greenwich, Connecticut.
Greenwich, CT, located just 30 miles outside of New York City, is a prestigious town known for its opulence and allure. This affluent community has become a magnet for billionaires seeking an unparalleled lifestyle. Here are ten reasons why billionaires are drawn to call Greenwich home.
Firstly, Greenwich offers an idyllic setting with its stunning waterfront properties, lush landscapes, and expansive estates, providing a sense of privacy and tranquility.
Secondly, the town boasts excellent schools, including renowned private institutions, ensuring top-tier education for billionaire families and their children.
Thirdly, Greenwich’s proximity to New York City allows billionaires to enjoy the perks of the bustling metropolis while residing in a more serene and exclusive environment.
Fourthly, the town is a hub for financial and business activities, with many billionaires involved in the finance industry finding Greenwich’s proximity to Wall Street advantageous.
Fifthly, Greenwich offers an array of upscale amenities, including luxury boutiques, high-end restaurants, and exclusive country clubs, catering to the refined tastes and preferences of billionaires.
Sixthly, the town has a vibrant arts and cultural scene, with museums, galleries, and theaters providing enriching experiences for those seeking intellectual stimulation and cultural immersion.
Seventhly, Greenwich offers extensive recreational opportunities, with picturesque parks, golf courses, and marinas, providing billionaires with avenues for relaxation and outdoor pursuits.
Eighthly, the town prioritizes safety and security, with well-funded police and fire departments, gated communities, and advanced security systems, ensuring peace of mind for billionaires and their families.
Ninthly, Greenwich’s real estate market offers an exceptional selection of luxurious properties, ranging from historic mansions to modern architectural masterpieces, allowing billionaires to find their dream residences.
Lastly, the tight-knit community of Greenwich fosters a sense of exclusivity and camaraderie among its affluent residents, providing opportunities for networking and building valuable connections.
In summary, Greenwich, CT, embodies the epitome of luxury living, offering billionaires a blend of natural beauty, upscale amenities, top-notch education, and a secure environment, making it an irresistible choice for those seeking the ultimate in opulence and quality of life.
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.
The FALCO MOSCATA yacht, previously known as Exuma, was built by Perini Navi in 2010.
Designed by Vitruvius Ltd., the FALCO MOSCATA showcases a perfect blend of elegance and performance.
Powered by Caterpillar engines, this luxury yacht boasts a maximum speed of 17 knots and a cruising speed of 12 knots.
The FALCO MOSCATA can accommodate up to 11 guests and is staffed by a professional crew of 7.
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
