BillionaireNet
Saadé
Rodolphe Saadé
Rank #460
FRANCELogisticsShipping

Rodolphe Saadé

Net Worth
$7.771B
0% (24h)
Rodolphe Saadé is a prominent Franco-Lebanese businessman, currently serving as the Chairman and CEO of the CMA CGM Group, a global leader in shipping and logistics. Born on March 3, 1970, he is the son of Jacques Saadé, the founder of CMA CGM. Saadé's career began after graduating from Concordia University in Montreal with a degree in business and marketing. He started his own water cooler company before joining CMA CGM in 1994. Under his leadership since 2017, CMA CGM has seen significant growth through strategic acquisitions, fleet expansion, and investments in sustainable technologies. As of April 2024, his net worth was estimated at $8.9 billion.

The Full Dossier

Early Life

Rodolphe Saadé was born on March 3, 1970, in Beirut, Lebanon. His father, Jacques Saadé, later founded the shipping company CMA CGM. In 1978, the Saadé family relocated to Marseille, France, due to the Lebanese Civil War. Rodolphe studied business at Concordia University in Montreal, Canada, graduating with a degree in commerce and marketing.

Rise to Success

After graduating, Saadé founded a water cooler company, Dynamic Concept, gaining experience in international trade in Lebanon and Syria. He joined CMA CGM in 1994, working in New York and Hong Kong before returning to the company's headquarters in Marseille. From 1997 to 2000, he managed various shipping lines and later became responsible for transatlantic and transpacific lines. In 2004, he became General Manager, focusing on developing regular lines on the North-South axis. He was appointed Chairman and CEO of the CMA CGM Group in November 2017.

Key Business Strategies

Under Rodolphe Saadé's leadership, CMA CGM has expanded significantly through strategic acquisitions and investments. Key moves include acquiring a stake in Ceva Logistics in 2018, followed by a public takeover bid in 2019, creating a global transport and logistics group. He has also focused on digital transformation and sustainable solutions, including launching the first LNG-powered container ship and expanding into air cargo with CMA CGM Air Cargo. In 2022, he led several acquisitions, including Ingram CLS, GEFCO, and Colis Privé.

Philanthropy

The CMA CGM Group, under Rodolphe Saadé's leadership, has supported various projects through the CMA CGM Foundation, which has been active since 2005, focusing on delivering emergency humanitarian relief, better education, and equal opportunities.

Career Timeline

2019

Acquisition of CEVA Logistics

Led the public takeover bid, creating a global transport and logistics group.

2017

Chairman and CEO of CMA CGM Group

Appointed to the top leadership position, succeeding his father.

2010

Vice Chairman and Board Member of CMA CGM Group

Oversaw the financial restructuring of the Group.

2004

General Manager of CMA CGM Group

Responsible for developing regular lines on the North-South Axis.

1994

Joined CMA CGM Group

Began his career in the family business after graduating from Concordia University.

Philanthropic Impact

Humanitarian Aid$XB

CMA CGM Foundation

Supports projects focused on emergency humanitarian relief, education, and equal opportunities.

Wealth Trajectory