Billionaire Profile
X
Global Rank
#198

Image: Românul staff | Public domain | via Wikimedia Commons

Xavier Niel & family

CEO, Internet
FRANCE
Real-Time Net Worth
$14.002B
Estimated based on Internet stock value as of March 6, 2026
-1.17% (24h)
Age
58
Source
Internet, telecom
Industry
Telecom
Citizenship
FRANCE

Biography

Xavier Niel, a French entrepreneur and telecom magnate, born August 25, 1967, has significantly reshaped the telecommunications landscape. His estimated net worth is $14.2 billion as of January 2026. Niel's source of wealth stems from his ventures in the internet and telecom industries. He is the founder and majority shareholder of Iliad, the parent company of Free, a major internet service provider and mobile operator in France. His career is marked by a commitment to innovation and disruption, offering low-cost services that revolutionized the market. Niel is also a prolific investor, supporting startups through Kima Ventures. His career is marked by significant achievements in the telecommunications industry and beyond.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Xavier Niel was born on August 25, 1967, in Maisons-Alfort, France. He attended the Saint-Michel-de-Picpus Catholic private high school in Paris. His interest in technology began early, with his first computer sparking an interest in entrepreneurship.

Rise to Success

Niel's entrepreneurial journey started early. In the 1980s, he developed services for the Minitel, France's pre-internet online platform. By 1987, he founded a company specializing in Minitel services, achieving significant success and becoming a millionaire by his early twenties. In 1991, he founded Iliad, which would become the parent company of Free. In 1999, Free disrupted the French internet market by offering affordable broadband services, quickly gaining a large customer base. Niel's ventures expanded to mobile services, launching Free Mobile in 2012, offering low-cost, unlimited calls, text, and data, which disrupted the market.

Key Business Strategies

Niel's key business strategy involves offering low-cost, innovative services to disrupt traditional markets. This strategy helped Free gain a substantial market share in both the internet and mobile sectors. Niel expanded his business through acquisitions and strategic investments in various European countries.

Philanthropy

Niel is involved in philanthropic endeavors. He co-founded École 42, a tuition-free coding school. He also invested in AI research, including a supercomputer and dedicated research laboratory.

Career Milestones

1991

Founded Iliad

Founded Iliad, a telecommunications firm that would become the parent company of Free.

1999

Launched Free

Founded Free, an internet service provider that offered affordable broadband, disrupting the French market.

2012

Launched Free Mobile

Launched Free Mobile, offering low-cost mobile services, shaking up the telecom industry.

2013

Created École 42

Founded a free coding school with no tuition, teachers, or books.

2010

Founded Kima Ventures

Cofounded the seed fund, Kima Ventures.

Philanthropy & Social Impact

Education

École 42

$0

A free coding school that provides education and training in technology

Controversies & Challenges

2004

Indictment and Detention

Indicted and detained for alleged procuring and misuse of company assets.

2006

Suspended Prison Sentence

Received a two-year suspended prison sentence for the misuse of company assets.

2020

Child Sexual Abuse Imagery

Free's hosting servers were linked to hosting child sexual abuse imagery.