Carlos Ghosn Net Worth and Biography

Carlos Ghosn Net WorthCarlos Ghosn Net Worth and Biography and Biography

Carlos Ghosn Net Worth and Biography

In this article, you are going to read the biography of Carlos Ghosn.

Overview

Carlos Ghosn NetWorth$120 Million Dollars $$$
Carlos Ghosn Age65 Years Old
Date of Birth [Birthday]09/03/1954
Place to LiveBrazil
Net Worth SourcesBusinessman
RelationshipWifes: Carole Ghosn && Rita Ghosn

The Brazilian leader who rescued Nissan and Renault from bankruptcy

Brazilian Engineer and Entrepreneur, President and CEO of Renault-Nissan-Alliance; President of Nissan Motors and Mitsubishi Motors.

Why he Arrested in 2018?

On November 19, 2018, it was announced that he had been arrested in Tokyo, accused of alleged tax fraud, which had as an immediate consequence that the price of Renault shares was severely affected on the Paris Stock Exchange.

The great escape of Carlos Ghosn

Fleeing from Japan where he was to be tried in 2020 for several embezzlements. The ex-CEO of the Renault-Nissan alliance arrived in the night from Sunday to Monday in Beirut after leaving Japan under a false identity. Carlos Ghosn’s lawyer says he is “stunned” by the escape of his client.

History

Who is Carlos Ghosn?

A Brazilian leader who is recognized in France as “Le Cost Killer” (The Cost Killer), in Japan as “Mr. Fix It” (Mr. Arrangement).
He took two iconic cars that were virtually bankrupt and transformed them into the four most important automotive group in the world.

As CEO, I must be aware of short, medium and long term problems.

Carlos Ghosn began his career working for Michelin in Europe. Although his business success would start in his native Brazil when he rescued the company’s South American division and made it profitable again within a few months.

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After that, he caught the attention of Renault, who hired him in the late 1990s, leading a radical restructuring based on cost reduction and getting benefits again in just one year.

At the beginning of the 21st century, Ghosn also took over Nissan when the Japanese automaker was practically bankrupt due to a debt of billions of dollars.

The role of leadership is to transform the complex situation in small pieces and give them priority.

Challenge

The biggest challenges were:
  • Dismissal of 21 thousand workers
  • The closing of 5 plants
  • Cuts to suppliers
  • The cut of shareholders
  • Auction of assets or the multiple debts that all this generated.

He also changed the official language from Japanese to English.

Biography

Carlos Ghosn was born on March 9, 1954, in Porto Velho, Brazil. His parent’s name was Rose and Jorge Ghosn.

At age 6, he moved to Beirut, Lebanon with his mother and sister (Claudine). In 1974 he graduated as an Engineer. After graduation, he started work for the Michelin plant, being in charge of plants in both France and Germany.

In 1985, he traveled to Rio de Janeiro where he would be named as COO, (Head of Operations) of Michelin South America.

A year later he would be appointed as CEO of the subsidiary and begin restructuring it, leading the purchase of Uniroyal Goodrich Tire Company.

In 1999 he was an indispensable part for Renault to become the top shareholder of the Japanese automaker Nissan, after buying 36.5% of its shares.

In 2007, Renault-Nissan Alliance bought 67% of the participation of the Russian automaker AvtoVAZ.

It is worth mentioning that in 2011, Carlos Ghosn was one of the great businessmen who led the reconstruction efforts after the earthquake and tsunami in the Tohoku region.

Private Life

On the personal side, Carlos Ghosn is recognized as a polyglot. He speaks English, French, Portuguese and Arabic, as well as having studied
He is also the author of multiple books:

  • Shift: Inside Nissan’s Historic Revival

Carlos Ghosn Net Worth

The net worth of Carlos Ghosn is almost $120m dollars.

Wiki

Carlos Ghosn Net Worth$120 Million Dollars
Carlos Ghosn Salary$17 Million Per Month
Birth Date9 March 1954
GenderMale
ProfessionRich Businessperson
NationalLebanon
SisterClaudine

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Sam

I am Sam & passionate article writer. I love to discover and explore accurate information through proper research.

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