Paul Desmarais Net Worth

Today, the Montreal-based Power Corp. and its subsidiaries own such financial services companies as the mutual fund company Putnam Investments and insurance firm Great-Life Westco, as well as a share in Chinese conglomerate CITIC Pacific. Also, together with Belgian billionaire investor Albert Frere, Power Corp. manages investments in some of the Europe’s leading companies like cement giant Lafarge, oil company Total and wine & spirits maker Pernod Ricard.