French billionaire politician Olivier Dassault killed in helicopter crash

Dassault was the eldest son of late French billionaire industrialist Serge Dassault, whose namesake Dassault Aviation, builds the Rafale war planes and owns Le Figaro newspaper

Olivier Dassault
The private helicopter crashed on Sunday afternoon in Normandy, where he has a holiday home, according to a police source. The pilot was also killed | Photo: Twitter
Reuters
2 min read Last Updated : Mar 09 2021 | 2:00 AM IST
French billionaire Olivier Dassault was killed on Sunday in a helicopter crash, a police source said, with President Emmanuel Macron paying tribute to the 69-year old conservative politician.
 
Dassault was the eldest son of late French billionaire industrialist Serge Dassault, whose namesake Dassault Aviation, builds the Rafale war planes and owns Le Figaro newspaper.
 
"Olivier Dassault loved France. Captain of industry, lawmaker, local elected official, reserve commander in the air force: during his life, he never ceased to serve our country, to value its assets. His sudden death is a great loss. Thoughts on his family and loved ones," Macron said on Twitter.
 
The private helicopter crashed on Sunday afternoon in Normandy, where he has a holiday home, according to a police source. The pilot was also killed.
 
A lawmaker for the conservative Les Republicains party since 2002, Dassault was considered the 361st richest man in the world alongside his two brothers and sister, with wealth of about 6 billion euros ($7.15 billion) mostly inherited from his father, according to the 2020 Forbes rich list.
 
He stepped down from his role on the board of Dassault due to his political role to avoid any conflict of interest.
 
Olivier, seen as the favourite of founder Marcel, was once considered favoured to succeed Serge at the head of the family holding, but that role went to former Dassault Aviation CEO Charles Edelstenne.
 
"Great sadness at the news of the sudden passing of Olivier Dassault," Valerie Pecresse, a conservative politician who is president of the Paris region, said on Twitter.
 
"A businessman, but also a renowned photographer, he had a passion for politics in his blood, rooted in his department of Oise. My warm thoughts to his family."
 

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :Dassault AviationFrancehelicopter crash

Next Story