Philippe Ginestet

Philippe Ginestet is a French billionaire businessman, and the founder, chairman and owner of GiFi, a French discount chain. Philippe Ginestet was born on 15 April 1954 in Sainte-Livrade-sur-Lot, Lot-et-Garonne, France. Ginestet is one of the wealthiest persons in France and one of the largest clothing retailers. 

  • Philippe Ginestet owns French discount chain GiFi, known for its low prices on household goods, the majority of which cost less than five euros.
  • Ginestet founded the company in 1981 and remains chairman.
  • GiFi boasts annual revenue of $1.6 billion and has nearly 500 stores, most of which are in France.
  • In 2017, GiFi acquired Tati, a famous French discount chain often identified by its bright pink logo.
  • Ginestet’s son Alexandre is the CEO of GiFi.

GiFi Philippe Ginestet