Pierre Falcone

Pierre Falcone

Pierre Falcone (born 19 March 1954 in Algiers) is a French businessman. He is the Chairman of Pierson Capital Group.

Early life

Falcone is the son of Pierre Falcone senior, who created Papa Falcone, a fully integrated operation in the fish industry in Algeria.

Born in Algeria, Falcone and his parents moved to France when he was eight years old. His parents moved from Algeria along with other French citizens when the country chose independence in 1962[1] (Independence of Algeria).

Falcone studied Law and Economics at the University of Aix-en-Provence (France) from 1973 to 1975.

Career

Falcone moved to Brazil in 1977 at the age of 24; he soon started a business in trading agricultural products. He developed a wide portfolio of clients and partners throughout South America in the following years which led him to represent several French and Chinese companies in countries such as Brazil or Mexico.

Pierre Falcone on site in Kilamba

Falcone moved in 1988 to China, where he later founded and headquartered his company Pierson Capital Asia.

He started his Chinese operations with consulting services for leading European companies looking to establish themselves in China. He negotiated the first insurance authorization granted by China to a Western company for French giant AXA as well as the involvement of Aerospatiale in the making of the first Chinese communication satellite. In 1993, the government from Angola was facing a guerrilla movement backed up by South Africa called the UNITA. The Unita was then labeled as a terrorist organization by the UN Security Council.[2] Pierre Falcone negotiated the financing of the then besieged legitimate government of Angola. This financing was achieved in exchange for the future oil production of Angola and saved the Angolan government from certain collapse.

The company he heads, Pierson Capital Group, invests in hotels, real estate developments, agriculture and agroindustrial projects, oil, gas, and personal authentication systems. Pierson Capital Group[3] and has over 2600 employees and three main operations in Beijing (China),[4] Luanda (Angola) and Mexico City (Mexico).

The delivery of weapons to the Angolan government led to a trial known as Angolagate in France, which was due to political strife within the French government at the time. In 2011, the charges against Falcone were dropped by an appeals court after he had served half of his sentence in a French prison.[5] The appeals court acknowledged that Falcone had been officially mandated by the legitimate Angolan government to acquire arms as well as food and medicine.[6][7]

Private life

Pierre Falcone is married to former Miss Bolivia and artist Sonia Falcone. They have three children.

Honors

On June 17, 2013, Pierre Falcone was conferred honorary doctor of philosophy degrees at the Hebrew University of Jerusalem for being a supporter of brain sciences.[8]

References

  1. ↑ "Pierre Falcone". Corporate-Executives.com. Retrieved 12 April 2013.
  2. ↑ 421 incidents by UNITA, Global Terrorism Database
  3. ↑ "Pierson Capital Group". piersoncapital.com. 5 July 2013. Retrieved 11 December 2016.
  4. ↑ (fr) Angolagate : l'autre vie de Pierre Falcone, Le Point, October 2, 2008
  5. ↑ Yves Thréard (30 April 2011). "L'honneur retrouvé de Pierre Falcone". Le Figaro (in French). Retrieved 11 December 2016.
  6. ↑ Eric Sessel, "Pierre Falcone: the man who was wrongly labeled as an arms’ dealer", Allvoices.com, 13 June 2012 Archived March 24, 2013, at the Wayback Machine.
  7. ↑ Pierre Falcone on Angola's public television at his visit to President José Eduardo dos Santos on YouTube, May 23, 2011
  8. ↑ Seventy-sixth Board of Governors meeting commences with Convocation, awarding of honorary degrees, The Hebrew University of Jerusalem, June 2013
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