Cyril Chauquet Net Worth

4 min read Jun 26, 2024
Cyril Chauquet Net Worth

Cyril Chauquet Net Worth: A Closer Look at the French Entrepreneur's Fortune

Cyril Chauquet is a French entrepreneur and investor, best known for his role as the co-founder of Criteo, a leading digital marketing company. With a successful career spanning over two decades, Chauquet has built a significant net worth, making him one of the wealthiest individuals in the tech industry.

Early Life and Career

Born in 1976 in France, Cyril Chauquet developed an interest in computer science and mathematics from an early age. He pursued his passion, studying computer science at the École Polytechnique in Paris. After completing his studies, Chauquet worked as a software engineer for several companies, including Business Objects, a business intelligence company.

Founding of Criteo

In 2005, Chauquet, along with Franck Le Ouay and Romain Niccoli, founded Criteo, a company specializing in personalized online advertising. The company quickly gained traction, and in 2013, Criteo went public with an initial public offering (IPO) on the Nasdaq stock exchange.

Net Worth

Cyril Chauquet's net worth is estimated to be around $1.4 billion, according to Forbes. The majority of his wealth comes from his stake in Criteo, which has consistently shown impressive growth and profits. As a co-founder, Chauquet owns a significant percentage of the company's shares, making him one of the richest entrepreneurs in the digital marketing industry.

Investments and Philanthropy

Apart from his work at Criteo, Chauquet is also an active investor, supporting various startups and ventures in the tech industry. He has invested in companies like Algolia, a search-as-a-service platform, and TeachKloud, an education technology startup.

Chauquet is also involved in philanthropic activities, particularly in the field of education. He has supported initiatives like La France s'engage, a program aimed at promoting digital education and reducing the digital divide in France.

Personal Life

Cyril Chauquet is married and has two children. He is known for his humble and low-key personality, often avoiding the spotlight and focusing on his work. Despite his immense wealth and success, Chauquet remains committed to his entrepreneurial ventures and philanthropic efforts.

Conclusion

Cyril Chauquet's net worth is a testament to his hard work, innovative spirit, and entrepreneurial drive. As a co-founder of Criteo, he has revolutionized the digital marketing industry and created a lasting impact on the tech world. With his investments and philanthropic efforts, Chauquet continues to shape the industry, inspiring future generations of entrepreneurs and innovators.