Alain Minc

Overview

Alain Jacques Richard Minc known as Alain Minc, is a political and economic advisor, essayist and business leader.

He is an engineer with a degree from the École Nationale Supérieure des Mines de Paris (class of 1971), a graduate of the Institut d'Études Politiques de Paris (class of 1971), then of the École Nationale d'Administration (class of 1975) where he came out top of the Léon Blum class, majoring in economic administration.

Alain Minc joined the Inspectorate General of Finance before resigning to join Saint-Gobain in 1979. He left this company in 1986 to work with businessman Carlo de Benedetti, and became director and CEO of Cerus. He left the company in April 1991.

In 1988 he convinced Carlo De Benedetti to take over the venerable Société Générale de Belgique. With this began the biggest European stock market battle of the 1980s.

Alain Minc set the stage for a duel worthy of Homer between Carlo De Benedetti, the modern capitalist of humble origins, against the Walloon upper class.

Alain Minc had overlooked an important detail. In a stock exchange battle, the winner is the one who takes away half of the shares plus one!

Carlo De Benedetti lost the current equivalent of 700 million euros!

He is or was a member of several influential think tanks, like the defunct Fondation Saint-Simon, of which he was treasurer, and the Club Le Siècle.

Publishing around a book a year, he is a sought-after advisor to French companies.

Director of a number of companies, he approaches economics as a form of communication, with his company AM Conseil.

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