Patrick Drahi

Jewish businessman and billionaire

Follow Patrick Drahi on Notably News to receive short updates to your email — rarely!

March 15 2024 Announced the sale of Altice Média to Rodolphe Saadé for over €1.5 billion to help pay off the parent company's debt.
2021 Nathan Drahi, Patrick's other twin son, was appointed Managing Director of Sotheby's Asia after previously working in private equity in London.
2021 Increased stake in UK telecom BT to 24.5%.
January 2021 Accepted an increased bid to take Altice private.
September 2020 Offered €2.5 billion to take Altice private by buying out minority shareholders.
2019 David Drahi, one of Patrick's twin sons, joined the board of directors of Altice USA.
June 2019 Acquired Sotheby's at a 61% market premium.
2016 The Patrick and Lina Drahi Foundation was incorporated and established its headquarters in Zermatt, Switzerland.
2015 Drahi reportedly acquired Portuguese citizenship, becoming a citizen of Israel, France, and Portugal.
2015 Entered the American telecommunications market by purchasing 70% of Suddenlink Communications. Also bought Cablevision from the Dolan family, renaming it Altice USA.
2014 Drahi and his wife Lina created the Patrick and Lina Drahi Foundation to support innovative programmes in science, education, entrepreneurship, arts, and Jewish causes.
2014 Drahi's lawyer informed Challenges magazine that he had renounced French citizenship and acquired Israeli citizenship.
2013 Bought SFR, the second-largest mobile phone and internet provider in France, from Vivendi. Also founded i24news, an international news channel broadcasting in French, Arabic, and English.

This contents of the box above is based on material from the Wikipedia article Patrick Drahi, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.

See Also