Michel Combes was born in France and is a businessman. He was the CEO of Sprint, a telecommunications corporation based in the United States. Combes has also held CEO positions at Vodafone Europe, Alcatel-Lucent, and Altice, among others.
Michel’s perseverance has paid off, as he has amassed enormous wealth and renown during his career. Michel Combes’ net worth could be in the millions, if not billions, as one of the most successful businessmen. Michel has amassed the most of his wealth through his various business ventures.
What is the Net Worth of Michel Combes?
As previously stated, Michel Combes’ overall earnings must be substantial. As a businessman and via his various projects, he has amassed enormous renown and money.
Income as a Business Owner
Michel attended Télécom ParisTech after graduating from École Polytechnique in 1983. He then went on to Paris Dauphine University and the Conservatoire National des Arts et Métiers to complete his education (Cnam). Michel went on to work for several ministries, France Télécom, and TDF. In 2008, he was appointed as the CEO of Vodafone Europe. Until 2012, he was the CEO of Vodafone Europe for four years. He received a sizable income from the corporation, which helped him boost his overall earnings.
Alcatel-Lucent
On February 22, 2013, after Combes’ tenure as CEO of Vodafone Europe came to an end, Alcatel-board Lucent’s of directors named him as the company’s new CEO. Michel revealed his ambitions to focus on the company’s networking technologies and high-speed internet operations in order to save expenses by 1 billion euros by 2015. Nokia revealed its desire to purchase the firm in 2015. Combes left Alcatel-Lucent in September of the same year, before the merger was completed. Michel Combes’ net worth grew over time as a result of his pay in the country.
After leaving Alcatel-Lucent, he became the COO of Altice, a French international telecommunications organization. He then went on to become the CEO of Altice, a position he held from 2016 to 2017. Combes’ compensation must have been high because he held these roles for numerous years.
Sprint Corporation
Combes was named as Sprint’s CFO in January 2018. Combes made a lot of money as the CFO and President of Sprint, and here’s how much he made in two years.
Year | Salary | Stock | Other Compensation | Stock Options | Bonus | Total Compensation |
2018 | $1,500,000 | $4,614,003 | $166,144 | – | – | $6,280,147 |
2017 | $349,315 | $12,629,403 | $3,760 | $462,815 | $1,298,630 | $14,743,923 |
After previous Sprint CEO Marcelo Claure was promoted to executive chairman in early May 2018, Combes was promoted to CEO. Combes and Claure were paid the same $1.5 million base pay. Combes’ term ended in April 2020, when Sprint merged with T-Mobile US. After leaving his position as CEO, he is expected to earn $26.1 million in stock options. Combes’ earnings increased dramatically from his previous wage at the organization.
Combes has also made a lot of money being a member of the McLaren Formula One team’s board of directors. He is a member of McLaren’s Business Advisory Group, with prominent business leaders like as Jaime Bergel, Sebastian Coe, Lee Daley, and others. Combes earns $322,643 as an Independent Director at F5 Networks. This demonstrates that Combes has amassed a sizable fortune throughout the course of his career.
Assets and Lifestyle
Michel Combes’ net worth is expected to be substantial, as previously stated. With that kind of money, Combes, a successful businessman, can afford to live well in France with his wife, Christie Julien, and their children.
Trivia
- Michel Combes is married to Christie Julian.
- Michel and Christie have three children.
- He was born on March 29, 1962.
- Michel has 69K followers on Twitter.
Quick Facts
Birth Name | Michel Combes |
Birth place | Boulogne-Billancourt |
Profession | Businessperson |
Nationality | French |
Zodiac Sign | Aries |
Hair Color | white |