Carlos Ghosn. Author Thesupermat. WIKIMEDIA

Top 10 Remarkable Facts about Carlos Ghosn


 

Carlos Ghosn is a businessman who holds French nationality. He was born on 9th March 1954 to Jorge Ghosn and Rose Jazzar in Porto Velho. His mother was a Nigerian-born Lebanese woman whose family came from Miziara in Lebanon and then settled in Porto Velho, the state capital of Rondonia, Brazil.

His father, the son of Bichara Ghosn was a diamond trader and worked in the airline industry. Jorge Ghosn was convicted of murdering a priest in Lebanon in 1960 which made him flee to Brazil in 1975 after the outbreak of the Lebanese Civil War. Bichara Ghosn, his grandfather, was a Maronite Catholic who emigrated from Ajaltoun, French Mandate Lebanon to Brazil at the age of 13.

He settled in well in remote Guapore where he became an entrepreneur and eventually headed several companies which dealt with rubber trade, the sale and purchase of agricultural products and aviation. After his studies, Carlos Ghosn became a great entrepreneur as he was CEO of Michelin North America, chairman and CEO of Renault, chairman of AvtoVAZ, chairman and CEO of Nissan and chairman of Mitsubishi Motors.

He was also the chairperson and CEO of the Renault-Nissan-Mitsubishi Alliance. Below are the Top 10 Remarkable Facts about Carlos Ghosn:

1. Carlos Ghosn’s Grandfather and Mother Were Emigrants

Bichara Ghosn, Carlos Ghosn’s grandfather, was an emigrant from Ajaltoun, French Mandate Lebanon to Brazil. He was thirteen years old when he emigrated from Ajaltoun to Brazil. Bichara settled well in Brazil where he became an entrepreneur.

He headed several companies which dealt in various businesses including rubber trade, the sale and purchase of agricultural products as well as aviation. His mother, Rose Jazzar was a Nigerian-born Lebanese woman whose family came from Miziara in Lebanon and then settled in Porto Velho, the state capital of Rondonia.

2. Ghosn became very Sick at the Age of 2 from Drinking Unsanitary Water

Carlos Ghosn was born in Porto Velho where he grew up but his family had to relocate after something happened to him. At the age of two, Carlos Ghosn drank unsanitary water which made him very sick.

This event made his mother move with him from Porto Velho to Rio de Janeiro in search of treatment for the ailing Carlos Ghosn. However, he never got a full recovery even after they moved to Rio de Janeiro.

In 1960, at the age of 6, Carlos, his mother and his sister moved to Beirut, Lebanon where they joined his grandmother and two sisters. He had recovered before they moved to Beirut.

3. He Received Good Education and Graduated as an Engineer

Carlos Ghosn. Author BsBsBs

Born into a well-off family, Carlos Ghosn received better education even though his early life was threatened by disease after taking unsanitary water. He completed his secondary school studies in Lebanon at the Jesuit school College Notre-Dame de Jamhour.

Carlos Ghosn then completed his classes preparatoires in 鶹APP at the College Stanislas and the Lycee Saint-Louis. Ghosn later graduated as an engineer from the Ecole Polytechnique in 1974, and in 1978 from the Ecole des Mines de 鶹APP.

4. He Spent 18 Years at Europe’s Largest Tore Maker, Michelin

In 1978 after his graduation, Carlos Ghosn did not hunt for jobs for long as he was employed at Michelin. At Michelin, the largest tire maker in Europe, he spent eighteen years. Initially, he trained and worked in several plants of Michelin in France and Germany.

He later became plant manager in Le Puy-en-Velay, France in 1981. Ghosn was later named the Head of research and development for the company’s industrial tyre division in 1984. At the age of 30, Carlos Ghosn was appointed chief operating officer of Michelin’s South American operations.

He returned to Rio de Janeiro where he reported directly to François Michelin. Carlos was tasked by Michelin with turning around the operation which was unprofitable and kept on struggling under Brazil’s hyperinflation.

5. Carlos was Made President and COO of Michelin North America after His Work in Rio

The tasks that were given to Carlos Michelin in Rio de Janeiro did not take long for him to make an impact. He formed cross-functional management teams to determine best practices among the French, Brazilian and other nationalities.

His multicultural experience in Brazil formed the basis of his cross-cultural management style and emphasis on diversity as a core business asset. “You learn from diversity, but you’re comforted by commonality,” Carlos once stated. This turned around the business which returned to profitability in two years.

In 1989, Carlos was appointed president and COO of Michelin North America after the major turnaround of Michelin’s South American operations. He moved to Greenville, South Carolina with his family after the promotion. Carlos was later promoted to CEO of Michelin North America in 1990.

6. He Managed to Turn Around the Fortunes of Debt-Ridden Nissan

Carlos Ghosn. Author Norsk Elbilforening.

Carlos Ghosn joined Nissan as the chief operating officer in June 1999. He later became its president in June 2000 and was named chief executive officer in June 2001. During this period, Nissan had a consolidated interest-bearing net automotive debt of more than $20 billion.

This debt was more than 2 trillion yen and only three of its 46 models that were sold in Japan were gaining a profit. The company believed that no one could turn around the sinking fortunes they were experiencing.

However, Ghosn began the Nissan Revival Plan which was announced in October 1999. Carlos Ghosn called for a return to profitability in the fiscal year 2000, a profit margin of over 4.5% of sales by the end of the fiscal year 2002. A 50% reduction in the current level of debt by the end of the fiscal year 2002.

After several changes in Nissan, profits started flooding in. During the first year of the Nissan Revival Plan, they consolidated a net profit after tax climber to $2.7 billion from a consolidated net loss of $6.46 billion previously.

12 months later, Nissan had returned to profitability and within three years, it was one of the most profitable automakers in the industry. Operating margins consistently went above 9% more than twice the industry average.

7. Carlos has Served in Several Advisory Roles

Other than being CEO, COO and president of major automotive manufacturers, Carlos Ghosn has also held various advisory roles in other industries. He served on the International Advisory Board of the Brazilian bank Banco Itau until 2015.

Carlos is also a member of the advisory board of the Tsinghua University School of Economics and Management in Beijing. He was given an honorary doctorate from the American University of Beirut. He is also a member of the Strategies Council, at the Saint Joseph University of Beirut.

In 2014 and 2015, Carlos was elected president of the European Automobile Manufacturers Association. He also serves as the governor of the World Economic Forum.

8. He Married Two Wives But Divorced his First Wife

Carlos Ghosn at Nissan’s Honmoku Wharf.Author BsBsBs

In 1984, Carlos Ghosn met Rita Kordahi in France. She originally came from Rayfoun, Lebanon but they met in France. The two got married and had four children: Caroline, Nadine, Maya and Anthony. Carlos divorced Rita in 2012.

In May 2016, Carlos Ghosn married Lebanese-American woman Carole Nahas. A few months later in October, Carlos threw a large-scale Marie Antoinette-themed party at the Grand Trianon of the Palace of 鶹APP. This was to celebrate both the wedding and Carole’s 50th birthday.

9. Forbes Named Him the Hardest-Working Man Who Owns 6 Private Residences

Forbes magazine named Carlos Ghosn as the “hardest-working man in the competitive global car business.” He used to split his time between 鶹APP and Tokyo and logging roughly 241,400 km in aeroplanes for business as of 2006.

This earned him the title “Seven-Eleven” by the Japanese media meaning work very hard from early morning till late at night. Carlos Ghosn is reported to have six private residences in Tokyo, 鶹APP, Rio de Janeiro, Amsterdam, Beirut and New York.

10. Carlos has Triple Citizenship and Multilingual

Ghosn is a citizen of three nations. He holds citizenship in Lebanon, France and Brazil.

Other than his triple citizenship, Carlos Ghosn is also multilingual. He speaks four languages fluently: Arabic, English, French and Portuguese. He has also studied Japanese.

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