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Vincent Bollore: Euro Rscg
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While Mr Bollore has said stressed that his group had no commercial ties with the French state, Le Monde newspaper cited official documents showing that his firms had several state contracts, including one for the delivery of diplomatic documents. Mr Sarkozy's stay on 60-metre yacht was deemed as "needlessly ostentatious luxury" by Jean-Louis Bourlanges, a European deputy of the centre-right Union for a Popular Movement (UMP). The vessel costs Lm 85,858 (€200,000) a week to hire reported France's LCI television.
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There was a time when speculation was rife that Bollore would chop and change things at Havas, and perhaps even discard Euro RSCG altogether. Jones insists nothing was further from the truth, pointing to how Bollore, after assuming charge at Havas, put in place a new management team at Euro (Jones's elevation, too, was part of that restructuring).
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Bollore says he spends most of his time managing his $5 billion transportation and engineering group. "From time to time the group has a little spare cash we can put to use in the stock market," he says. That's one way of describing some of Europe's most spectacularly profitable corporate raids.
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