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The School

Secretive Wine Billionaire’s ‘Old-Style’ Habits Blur Succession

HEC Paris - ©Free-Photos

As Bloomberg reflects on Pierre Castel's career, Philippe Pelé-Clamour, adjunct professor at HEC Paris Business School, comments: "The way Pierre Castel has organized his companies certainly isn’t transparent, but this is not unusual. It was created by a man who built everything from scratch and wanted to retain control. Pierre Castel is the type of company founder who will likely die at the helm."