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Radio France Internationale
Radio France Internationale
National

French business tycoon Vincent Bolloré retires, but unlikely to let go

Vincent Bolloré, 70 years old in April, had announced long ago that his retirement would coincide with the 200th anniversary of the company. © AFP/Eric Piermont

French billionaire and media mogul Vincent Bolloré officially retired on Thursday this week, the day of the family business bicentenary, without having clearly designated his successor. It came just a day after a group launched an appeal to denounce his increasingly "tentacular" media empire.

"It is impossible to know when he will decide to complete his withdrawal," a source told French news agency AFP, adding that "even if he does, he will still keep the control tower of the Compagnie de l'Odet" which he presides.

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