Robert Warren Miller • Net Worth $2.4 Billion • House • Yacht • Private Jet

Name:Robert Warren Miller
Net Worth:US$ 2,4 billion
Source of Wealth:DFS Group
Born:May 23, 1933
Age:
Country:Hong Kong
Wife:María Clara Pesantes Becerra
Children:Pia Getty, Marie-Chantal, Crown Princess of Greece, Alexandra von Fürstenberg,
Residence:Richmond
Private Jet:
Yacht:Mari Cha


Understanding Robert Warren Miller: An Icon in the Duty-Free Retail Industry

Robert Warren Miller, born on May 23, 1933, is widely recognized as the driving force behind the DFS Group, one of the world’s leading luxury goods retailers. Married to María Clara Pesantes Becerra, Miller’s three daughters have further increased his prominence due to their high-profile marriages.

Key Takeaways

  • Robert Warren Miller is the visionary behind the DFS Group, a luxury retail giant with global reach.
  • The DFS Group was partly sold to LVMH in 1996, linking Miller to Bernard Arnault, owner of the yacht Symphony.
  • With a net worth of $2.4 billion, Miller remains a significant DFS shareholder and an influential figure in luxury retail.
  • Miller’s three daughters are married to high-profile personalities, including royalty and heirs to significant fortunes.
  • He is owner of the Sailing Yacht Mari Cha.

Unpacking the DFS Group

Originally established in Hong Kong, the DFS Group stands as a world-class retailer of luxurious items. With over 400 duty-free boutiques nestled in international airports, coupled with Galleria stores and select resort locations, the DFS Group has become a staple in the luxury retail sector. Its broad global presence is maintained by a dedicated workforce of more than 5,000 employees.

The inception of the DFS Group traces back to the 1960s when Robert Warren Miller capitalized on the potential of selling duty-free liquor to American servicemen stationed in Barcelona. Miller’s visionary mindset drove the expansion of DFS shops in Hong Kong and Hawaii, strategically situated to cater to the booming influx of Asian tourists.

Link to LVMH and Bernard Arnault

A significant turning point in the DFS Group’s journey was the sale of the majority of the company’s shares to the luxury conglomerate, LVMH, in 1996. The $2.5 billion deal led to the DFS Group becoming part of the LVMH portfolio, known for its iconic founder, Bernard Arnault, who owns the famed yacht Symphony.

A Glimpse at Robert Miller’s Net Worth

With an impressive net worth of $2.4 billion, Miller’s wealth reflects the success of his business ventures and his strategic investment decisions. Miller retains a 38% shareholding in DFS, further cementing his status as a dominant figure in the global retail industry.

Royal Ties: Miller’s Daughters

Miller’s three daughters, Pia, Marie-Chantal, and Alexandra, have contributed to the family’s prominence through their high-profile marriages. Pia Miller Getty is wedded to Christopher Ronald Getty, an heir to the oil fortune of the Getty family. Marie-Chantal Miller is known as Crown Princess Marie-Chantal of Greece due to her marriage to Crown Prince Pavlos. The youngest, Alexandra Miller, tied the knot with Prince Alexander von Fürstenberg, son of renowned fashion designer Diane von Fürstenberg and Prince Egon von Fürstenberg.

Sources

Robert Warren Miller – Wikipedia

https://www.forbes.com/profile/robert-miller-1/

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Marie-Chantal, Crown Princess of Greece


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Robert Warren Miller Yacht


He is the owner of the sailing yacht Mari Cha III. In October 2003, Miller’s monohull yacht, the Mari-Cha IV, set a new world record, becoming the first monohull ever to cross the Atlantic Ocean in under seven days.

The Mari Cha, a luxury sailing yacht, was built by Sensation Yachts in 1997 and designed by Philippe Briand Ltd.

Powered by a Caterpillar engine, the yacht has a max speed of 15 knots and a cruising speed of 12 knots.

The interior of the yacht can comfortably accommodate eight guests and a crew of five.

He is the owner of a Gulfstream G650 private jet, with registration N288Z. A G650 has a list price of $70 million.

Gulfstream G650

The Gulfstream G650 is a luxurious, long-range business jet produced by Gulfstream Aerospace. The G650 was first introduced in 2008 and quickly became one of the most sought-after business jets in the world due to its impressive range, speed, and spacious cabin. The G650 has a maximum range of over 7,000 nautical miles, making it capable of flying non-stop from locations such as New York to Hong Kong.
One of the standout features of the G650 is its cabin, which is both spacious and luxurious. With a height of over 6 feet and a width of over 7 feet, the cabin offers ample space for passengers to work, relax, and entertain. The cabin also features a variety of customizable features, including seating arrangements, lighting, and entertainment systems.

In addition to its impressive range and cabin, the G650 is also known for its high cruising speeds. The aircraft is capable of reaching speeds of up to Mach 0.925, making it one of the fastest business jets on the market. This speed, combined with its range, allows the G650 to cover large distances quickly and efficiently.

The last known list price of the Gulfstream G650 was approximately $75 million. This high cost reflects the advanced technology, spacious cabin, and impressive performance capabilities of the aircraft. Despite its high price, the G650 remains a popular choice for those who value speed, range, and comfort in their business jets.

The Gulfstream G650 is a top-of-the-line business jet that offers impressive range, speed, and comfort. Its luxurious cabin and high-performance capabilities make it a popular choice for those who demand the best in their business aviation needs. With a last known list price of $75 million, the G650 is a significant investment, but for those who can afford it, the aircraft provides a unique and unparalleled flying experience.

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