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CONTRASTE – The one whose family ranks third fortune of France with 23 billion euros in 2018 estimated Wednesday morning on RTL that the ecological transition could not be done "to the detriment of the purchasing power of the most modest".
– The drafting of LCI
Francois-Henri Pinault, the CEO of the luxury group Kering, said Wednesday morning "understand" the movement of yellow vests. Invited by RTL, the French leader at the head of an empire founded by his father François Pinault, whose family is praised as the 3rd fortune of France (23 billion euros in 2018) according to Forbes, has estimated that the transition ecological could not be done "to the detriment of the purchasing power of the most modest".
"I was surprised by the magnitude of the movement, but I understand," said Francois-Henri Pinault. "We are already in a country where inequalities are high, if inequalities increase and you have no prospects of progress socially and your purchasing power mechanically down, it is unbearable."
The CEO, who must benefit from an exceptional remuneration of 5.8 million euros for 2018, however says "trust" the government and considers that we must "especially not question" the ecological transition.
François-Henri Pinault also deplored the violence that took place during Saturday's protests in Paris, and indicated without further details that "some stores (his group) at the beginning of Avenue Montaigne and Avenue Montaigne have been impacted ". The head of the Kering group, which owns the brands Gucci, Yves Saint Laurent, Bottega Veneta and Balenciaga, nevertheless believes that the violence "was not the case of yellow vests".
The LCI editorial
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