BillionaireNet
Frere
Gerald Frere
Rank #1355
BELGIUMMetals & MiningSteel, investments

Gerald Frere

Net Worth
$2.951B
0% (24h)
Gerald Frere, a Belgian businessman, is known for his significant involvement in steel and investments. Born in 1951, he is the son of the late Albert Frere, a prominent industrialist who transformed his family's scrap-metal business into a vast empire. Gerald Frere currently has an estimated net worth of $2.9 billion. His career began in the family business, Frère-Bourgeois, and he later became chairman of Groupe Bruxelles Lambert (GBL). He is married and has two sons. He currently spends a significant amount of time managing his agricultural business. He is a citizen of Belgium, residing in Gerpinnes.

The Full Dossier

Early Life

Gérald Frère was born in Charleroi, Belgium, on May 17, 1951. He is the eldest son of Albert Frère and Nelly Poplimont. His father, Albert Frère, was a prominent figure in Belgian business, turning his family's scrap-metal business into a major industrial and financial empire. Gérald's early life was influenced by his father's career and the family's growing wealth.

Rise to Success

After being educated in Switzerland, Gérald Frère joined the family company, Frère-Bourgeois, in 1972, taking on the role of Managing Director. He became chairman of Groupe Bruxelles Lambert (GBL) in 2012, after serving on its board since 1982, which demonstrated his growing influence in the family business. He also serves as vice-chairman of Pargesa.

Key Business Strategies

Gerald Frere, along with his family, has primarily focused on investments, particularly through the Frère-Bourgeois holding company, which controls significant stakes in various European companies. He has been involved in the strategic management and development of Groupe Bruxelles Lambert (GBL), a leading investment firm. His focus is primarily in the steel and investment sectors.

Philanthropy

While specific public information on Gerald Frere's direct philanthropic endeavors is limited, he is part of a family that has been involved in supporting various initiatives through their business and personal networks. His late father, Albert Frere, supported various causes, and it is likely that Gerald continues these traditions.

Career Timeline

2012

Chairman, Groupe Bruxelles Lambert (GBL)

Became Chairman, succeeding his father, and leading the company.

1982

Board of Directors, Groupe Bruxelles Lambert (GBL)

Appointed to the board, marking his increasing influence within the family's investment holding company.

1972

Joined Frère-Bourgeois

Began his career in the family business as Managing Director.

Philanthropic Impact

UnspecifiedUndisclosed

Family Philanthropy

The Frere family has historically supported various causes.

Wealth Trajectory