Carlos Ghosn’s net worth has plunged by 40% as a result of his arrest on charges of financial wrongdoing. Learn more about him by reading his biography.
Japanese authorities have issued an arrest warrant for Carlos Ghosn, the former CEO of Nissan, and his wife of four years, Carole Ghosn, for allegedly underreporting his income and misusing corporate funds to pay for his wedding, houses, private jets, and other personal costs.
A huge security flaw at a major Japanese airport, according to reports in the Wall Street Journal and Nikkei Asian Review, allowed Carlos Ghosn to depart Japan on a private jet. Ghosn is currently under investigation in Japan.
Carlos Ghosn’s net worth
According to the Bloomberg Billionaires Index, Carlos Ghosn’s fortune has decreased by 40% since his arrest at Tokyo’s Haneda Airport more than a year ago. Ghosn is the chairman and CEO of Nissan Motor Company. His current net worth is believed to be in the amount of $70 million, down from an estimated $120 million when he appeared in court for the first time in 2011.
He is a successful businessman from Lebanon who was born in Brazil. After graduating from university in 1978, he went on to work at Michelin, Europe’s premier tyre manufacturer, for the next 18 years, initially training and working in various sites throughout France and Germany.
The CEO of Michelin North America, the Chairman and CEO of Renault, the Chairman and CEO of AvtoVAZ, the Chairman and CEO of Nissan, and the Chairman of Mitsubishi Motors. In addition, he served as chairman and CEO of the Renault–Nissan–Mitsubishi Alliance, a complex cross-shareholding agreement that fostered strategic cooperation between the three automobile manufacturers. It has held approximately 10% of the global market share since 2010, and as of 2017, it was considered to be the world’s largest automotive group.
Is Carlos Ghosn being sought for fraud? Is he now in custody?
According to his spokesman, former Nissan CEO Carlos Ghosn is taken aback by the fact that France has issued an international warrant for his detention.
As a result of the “potentially improper payments,” prosecutors have filed an arrest warrant for him and four other individuals.
When he fled Japan in 2019, he was suspected of financial misconduct, which led to his deportation.
In 2018, he was initially jailed on suspicion of financial wrongdoing for allegedly underreporting his wage package for the five years preceding his arrest in 2015. He was later released on bail. Mr. Nissan is a former CEO of the Nissan Motor Company and the former CEO of an alliance between Renault, Nissan, and Mitsubishi Motors. He was adamant in his denial of any wrongdoing.
He previously spoke of his daring escape from Japan, which included disguising himself in order to walk unnoticed through Tokyo’s streets, hiding in a big music equipment box, and fleeing to Lebanon while awaiting prosecution in his home country. Following an investigation by a French investigating magistrate, a total of five international arrest warrants have been issued against him and four people linked to a car distributor in Oman.
Jean Tamalet of King & Spalding, his attorney, said the arrest warrant issued by the prosecutor’s office in Nanterre, Paris, was part of a lengthy investigation into the death of the young man.
Who Is The Wife And Family Of Carlos Ghosn?
In 1985, Ghosn tied the knot with Rita Kordahi, a native of Rayfoun in Lebanon, whom he met while studying in France in 1984 and married the following year. Caroline, Nadine, Maya, and Anthony were the four children of Caroline and Nadine.
They separated in 2012 and divorced the following year. Ghosn married Lebanese-American Carole Nahas in May 2016, and the couple celebrated with a large-scale Marie Antoinette-themed banquet at the Grand Trianon of the Palace of Versailles to commemorate both the wedding and Carole’s 50th birthday, which occurred a few months later in October.
His compensation has long been disputed, and he has been accused of squandering company funds to pay for his wedding, mansions, private jets, and other expensive expenditures throughout the years. Carole Ghosn is wanted by the FBI for allegedly lying to them about what she knew about her husband’s financial situation during her deposition.