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Bernard Tapie, scandal-ridden French tycoon, dead at 78


Bernard Tapie, a French tycoon who was awaiting trial on fraud fees and the former owner of Adidas, died on Sunday at 78 decades outdated.

Tapie, a former Socialist minister who developed a sporting and media empire right before running into legal hassle, experienced been battling belly cancer for a number of many years.

President Emmanuel Macron expressed his condolences to Tapie’s family members, stating he and his wife “have been touched by the information of the loss of life of Bernard Tapie, whose ambition, electrical power and enthusiasm have been a source of inspiration for generations of French men and women.”

Tapie’s company interests spanned from remaining the previous proprietor of the soccer club Olympique de Marseille, which he led to a championship in 1993, to a stint performing and hosting gigs on Television set and radio.

But his career was plagued by scandal.

Bernard Tapie.
Bernard Tapie was a former Socialist minister and developed a sporting and media empire.
Charles Platiau/REUTERS
Bernard Tapie.
Berfore his loss of life, Bernard Tapie was struggling with a criminal trial over a fraudulent 404 million-euro arbitration offer linked to his sale of Adidas.
Pascal Baril/Abaca/Sipa United states of america through AP

Tapie was found responsible in 1995 for corruption, tax fraud and misuse of corporate assets. He invested 5 months guiding bars and was prohibited from standing in any French election. 

At the time of his demise, he was facing a criminal trial over a fraudulent 404 million-euro ($450 million today) arbitration bundle connected to his sale of Adidas in the 1990s.

With Write-up wires


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