About Jacques Saade & family
  • Jacques Saade, founder chairman of CMA CGM, one of the world's largest shipping companies, died on June 24, 2018 at age 81.
  • Born in Beirut, Lebanon, in 1937, Saade took over the family business in 1958 after graduating from the London School of Economics a year earlier.
  • He moved to France in 1978 and opened CMA, later merging it with CGM. The combined group now operates nearly 500 vessels serving 420 ports.
  • Saade's son Rodolphe was appointed as chairman of the board and CEO of CMA CGM Group in 2017.
Wealth History
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Forbes Lists

#228
Billionaires (2018)Dropped off in 2019
Personal Stats
Source of Wealth
shipping, Self Made
Citizenship
France
Children
3
Education
Bachelor of Arts/Science, American University Beirut Lebanon; Master of Business Administration, London School of Economics

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