French-Israeli businessman Patrick Drahi has an estimated net worth of $16 billion as of October 2015, in accordance with Forbes. In January 2014, Drahi started making headlines across the earth when Altice, a multinational telecommunications company, made its first initial public offering at $1.8 billion. He’s regarded as the creator and also the head of the French telecom group, Altice. Through Altice, Patrick Drahi acquires 75% ownership of the largest cable operator in France, the Numericable. In June 2014, his Altice group purchased the Virgin Mobile France for a staggering 325 million. Patrick Drahi is an alumnus of Parisian university cole Polytechnique where he earned his engineering degree. He currently lives in Geneva, along together with his wife and four children.