Age, Biography and Wiki

Michel Ducros was born on 1949 in Monaco. Discover Michel Ducros's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 74 years old?

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Born 1949
Birthday 1949
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Nationality Monaco

We recommend you to check the complete list of Famous People born on 1949. He is a member of famous with the age years old group.

Michel Ducros Height, Weight & Measurements

At years old, Michel Ducros height not available right now. We will update Michel Ducros's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
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Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

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Michel Ducros Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Michel Ducros worth at the age of years old? Michel Ducros’s income source is mostly from being a successful . He is from Monaco. We have estimated Michel Ducros's net worth , money, salary, income, and assets.

Net Worth in 2023 $1 Million - $5 Million
Salary in 2023 Under Review
Net Worth in 2022 Pending
Salary in 2022 Under Review
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Timeline

2016

Eleven years after the takeover of Fauchon, Michel Ducros still strengthen the group and pursue the international development of the brand, which succeed its installation in the Middle East, where there are, in May 2016, 25 stores and restaurants.

2015

In September 2015, Michel Ducros opt for a new strategy for Fauchon, and set up a joint venture to establish and manage its first five-star hotel in downtown Paris, Place de la Madeleine. It should open in January 2018 and aims to become the reference for the next Fauchon Hotels in the world.

2010

In 2010, Ducros is suspected for influence peddling, as part of a housing project and a retirement home in the town of La Ciotat. Twenty people have already been indicted and the case is still open.

2009

Michel Ducros set up a new Executive Committee to resolve the company's situation and organized the repositioning and new branding strategy, while developing the international presence. Balanced in 2009-2010 and out of debts, the brand increased its revenue, mainly abroad. Fauchon posted in 2013 an operating profit of €900,000 on sales of €50 million, with nearly thousand employees.

2004

When he took the CEO job in 2004, Fauchon is on the verge of bankruptcy. Michel Ducros immediately attended to redress the operating imbalance, and repay the debts. Loss-making assets are sold and Fauchon cut back its workforce.

2003

Michel Ducros developed steadily Monaco Marine over the years : Monaco Marine had sales of 31 million Euros ($40 million) in 2003 and 50 million Euros ($60 million) in 2015, with nearly 200 employees.

1998

Ducros invested in Fauchon in 1998 along with other shareholders. He took first a minority interest (10%) in the company, and, at the request of the shareholders, will buy out most of the other shareholders until 2009, including the minority shareholdings, till holding almost all the capital. He became chairman and CEO of Fauchon in January 2004.

1995

Passionate sailor and dissatisfied with artisanal maintenance services, Ducros founded the company Monaco Marine in 1995, through the acquisition of a small company "PowerBoat" servicing yachts in the port of Monaco, which offered a marina service for berths, winter storage, and maintenance. Monaco Marine developed a network of shipyards in Saint Laurent du Var, Beaulieu sur Mer, Antibes and Cogolin, all in the south of France. He entered in 2002 into a partnership with the public company of the port of La Ciotat to build the largest dry paint shed in Europe and a maintenance and refit network for mega-yachting industry, inaugurated in September 2007. In 2012, Monaco Marine acquired a long-standing family shipyard in the region based in Antibes. Monaco Marine launched in 2016 a new shipyard in La Seyne, in the Toulon bay, that should open in September 2017.

1992

He founded his own investment Holding, Eucelia Investments SA, in 1992, which enable Michel Ducros to create Monaco Marine and take stakes in Fauchon.

1991

After the sale of the Ducros's family spice business by his father and his uncle, Michel Ducros started his own investments, taking a majority shareholding of a French lighting fixture retailer, Laurie Lumière, that he developed between 1991 and 2008.

1976

He created in 1976 the brand Vahiné, which became within ten years the first brand of ingredients for home-made pastry, and in 1981 the brand La Tisanière, the first French brand for herbal tea.

1971

After he graduated from college in Paris, Ducros joined the family business in 1971, where he was successively sales manager, and then marketing director between 1971 and 1985, and launched the first TV advertising campaign of the company. He created foreign branches in Italy, Spain, Belgium, Portugal and Canada, and the company became the first spices brand in Europe. He became chairman of the company in 1986, until the sale of the Ducros company in 1992 to the Italian group Ferruzzi.

1949

Michel Ducros (born 1949) is a French entrepreneur at the head of the French delicatessen company Fauchon, and yacht services company Monaco Marine. He is the former chairman and CEO of Ducros, a family business based on spices and mixed herbs, and still invest in several international companies.

Born in 1949 in Kehl, southwest Germany, from a father officer in the French army and a mother teacher, Michel Ducros was raised in Buis-les-Baronnies, a village in the Drome region of the southeast of France, where his grandfather harvested lime-tree leaves and lavender, used in herbalism. In 1963 his father Gilbert Ducros, and his uncle Marc Ducros, founded the eponymous family business that sold spices and mixed aromatic herbs.