French billionaire Olivier Dassault dies aged 69 in helicopter crash

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A multi-billionaire French MP who set quite a few world airspeed data has died in a mysterious helicopter crash in northern France.   

Olivier Dassault, 69,  who was president of the French aerospace agency Dassault Groupe, had been flying over Touques, close to Deauville within the Normandy area, when the plane went down on Sunday afternoon.

The father-of-three died alongside one other man, who had not been recognized however who is assumed to have been flying the helicopter.

At this time French President Emmanuel Macron took to Twitter to salute somebody who ‘by no means ceased to serve our nation’ and ‘worth its belongings’.    

French billionaire Olivier Dassault, 69, who was president of the French aerospace firm Dassault Groupe, has died in a helicopter crash

French billionaire Olivier Dassault, 69, who was president of the French aerospace agency Dassault Groupe, has died in a helicopter crash

In a tweet the President Macron mentioned: ‘Olivier Dassault beloved France. Captain of business, deputy, native elected official, reserve commander within the air power: throughout his life, he by no means ceased to serve our nation, to worth its belongings. 

‘His sudden demise is a superb loss. Ideas on his household and family members.’

The reason for the crash continues to be beneath investigation. 

On the time of his demise, Mr Dassault’s fortune was thought to exceed the equal of €6billion, in accordance with sources within the monetary world in Paris. 

Mr Dassault had been an MP for the conservative Republicans celebration since 2002, and was the 361st richest particular person on the planet alongside his two brothers and sister.  

Born in 1951 within the Parisian suburb of Boulogne-Billancourt, he was the eldest son of the late French billionaire Serge Dassault, whose firm builds the Rafale fighter planes and which additionally owns the newspaper Le Figaro.

He and his three different siblings later inherited Dassault Aviation, which was based by Mr Dassault’s grandfather Marcel in 1929.  

Marcel, born Marcel Bloch, was a Jewish aviation legend who was captured by the Nazis through the Second World Conflict and despatched to Buchenwald focus camp.

He later modified his title to Dassault, that means ‘assault tank,’ in honour of his brother’s pseudonym through the warfare.

His son, Serge Dassault, Olivier Dassault’s father, took over the Paris-based firm in 1986.

Nonetheless in Could 2018 Serge died of a coronary heart assault in his Paris on the age of 93 and Olivier turned president of the corporate.  

President Macron paid tribute to the politician in a tweet today and said he 'never ceased to serve our country' and 'value its assets'

President Macron paid tribute to the politician in a tweet at this time and mentioned he ‘by no means ceased to serve our nation’ and ‘worth its belongings’

Olivier Dassault ((left with his father Serge Dassault) was the eldest son of the late French billionaire Serge Dassault

Olivier Dassault ((left along with his father Serge Dassault) was the eldest son of the late French billionaire Serge Dassault

The billionaire (pictured with wife Natacha Nikolajevic) served as a member of the National Assembly since 2002

The billionaire (pictured with spouse Natacha Nikolajevic) served as a member of the Nationwide Meeting since 2002

Olivier graduated from the air power academy – École de l’Air- in 1974 earlier than happening to qualify as an instrument flight guidelines (IFR) pilot in 1975.   

He additionally held a grasp’s diploma in arithmetic as properly a doctorate in enterprise administration computing.

The lawmaker went on to signify the Oise division within the French Nationwide Meeting and was a member of The Republicans celebration since 2002.  

The certified pilot first set a velocity report in a Dassault Falcon 50 flying from New York to Paris in 1977.

There have been related successes within the following a long time, together with Paris to Abu Dhabi in a Falcon 900 EX in 1996.

Mr Dassault later stepped down as a director of Dassault resulting from his political function to keep away from any battle of curiosity.

Mr Dassault  first set a speed record in a Dassault Falcon 50 flying from New York to Paris in 1977

Mr Dassault  first set a velocity report in a Dassault Falcon 50 flying from New York to Paris in 1977

The billionaire was as soon as thought of favorite to succeed his father as the top of the household enterprise, however the function as a substitute went to former Dassault Aviation CEO Charles Edelstenne. 

At this time Valerie Pecresse, a conservative politician who’s president of the Paris area, tweeted: ‘Nice disappointment on the information of the sudden disappearance of Olivier Dassault.

‘A businessman, but in addition a famend photographer, he had a ardour for politics in his blood, rooted in his division of Oise. My heat ideas to his household.’        
      



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