Is Michelin still family owned?
Michelin is publicly listed, active in over 20 countries worldwide and employs over a 100,000 people. The michelin family continues to be a significant shareholder of the group, with over 400 relatives holding an interest in the family company. The michelin family is spread across the world. Michelin is publicly listed, active in over 20 countries worldwide and employs over a 100,000 people. The michelin family continues to be a significant shareholder of the group, with over 400 relatives holding an interest in the family company.Michelin’s global presence 9 R&D centers around the world, 121 production facilities and 132,500 employees in 26 countries, the Michelin Group is now present on every continent.
Where is the Michelin family from?
Brothers André and Édouard Michelin revolutionized tire technology. André, the eldest of the brothers, was born in 1853 in Paris, France. His younger brother Édouard was born six years later in 1859 in Clermont-Ferrand, France. André Michelin was born in Paris, France, on January 16, 1853; his brother Édouard was born in Clermont-Ferrand, France, on June 23, 1859. In 1891 the brothers produced a pneumatic bicycle tire that could be easily removed in the event of a puncture.Michelin (Michelin North America in USA) is a France-based tire manufacturer that started its USA activity in 1950.The Michelin Corporation was the world’s largest tire manufacturer in 2024, based on tire-related revenue. The French multinational motor vehicle parts manufacturer generated over 30 billion U. S.French brothers André and Edouard Michelin owned a tire company. At first, they made only bicycle tires, but then they moved into making tires for cars, and they created the Michelin Guide in 1900 as a marketing gimmick to sell more tires.
Who owns Michelin Group?
The Michelin Group’s leadership is structured uniquely, separating operational management from oversight. The company is currently led by two Managing Partners: Florent Menegaux, serving as the Managing Chairman and General Partner, and Yves Chapot, who is the General Manager and Chief Financial Officer. The Michelin Group is a global company headquartered in Clermont-Ferrand, France.
Who is the CEO of Michelin?
Michelin North America, Inc. Michelin has named Matthew Cabe as president and CEO of Michelin North America, effective October 1, 2024, replacing Alexis Garcin. Matthew Cabe has served as senior vice president of the Michelin Group’s automotive regional brands business line based in Budapest, Hungary, since 2021. Matthew Cabe assumed the role of president and CEO of Michelin North America Inc. October 2024 and is responsible for coordinating all company activities.
How much is Michelin’s net worth?
Michelin net worth as of December 24, 2025 is $23. B. Interactive chart of historical net worth (market cap) for Michelin (MGDDY) over the last 10 years. Michelin net worth as of January 17, 2026 is $24. B. Interactive chart of historical net worth (market cap) for Michelin (MGDDY) over the last 10 years. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding.