The scandal that rocks Patrick Drahe’s empire

The scandal that rocks Patrick Drahe’s empire

In normal times, Patrick Drahe is an elusive big boss. The owner of the Altice group (telecommunications, media, cables, etc.) would rather take refuge in his residences in Switzerland or the West Indies than confront his forces in Paris, Tel Aviv or New York. The billionaire, who started with cable laying in Cavaillon, has become a world traveler with multiple passports (French, Israeli, Christian…), lover of countries with low taxes and opaque financial arrangements. However, this summer, make an exception. Two days in a row, he donned the uniform of a boss holding jacks tightly to explain himself to his investors. The situation is serious: he must be reassured by the financiers who lent him about sixty billion euros, including 23.9 billion for his French activities alone.

It was other people’s money that allowed him to build in the thirtieth

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About the Author: Irene Alves

"Bacon ninja. Guru do álcool. Explorador orgulhoso. Ávido entusiasta da cultura pop."

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