{"id":3935,"date":"2024-12-14T12:26:49","date_gmt":"2024-12-14T11:26:49","guid":{"rendered":"https:\/\/lama-fortune.com\/?p=3935"},"modified":"2025-02-13T16:05:06","modified_gmt":"2025-02-13T15:05:06","slug":"roland-dieteren-family-fortune","status":"publish","type":"post","link":"https:\/\/old.lama-fortune.com\/en\/famille-roland-dieteren-fortune\/","title":{"rendered":"Roland d'Ieteren Family: Influence and Heritage in the Automotive Industry"},"content":{"rendered":"

Fortune of the Family D'Ieteren<\/strong><\/strong><\/h2>\n\n\n\n

The D'Ieteren family, head of D'Ieteren<\/a> SA<\/strong>is one of Belgium's most prosperous dynasties, with an estimated fortune of more than 6.5 billion euros<\/strong> en 2026. From its humble beginnings before the invention of the automobile, D'Ieteren has established itself as a world leader in the automotive sector <\/a>thanks to strategic decisions and judicious investments.<\/strong><\/p>\n\n\n\n

History and Initial Development<\/strong><\/h3>\n\n\n\n

D'Ieteren can look back on a history that goes back to 1805, when Jozef D'Ieteren<\/strong>a Dutch carpenter, settled in Brussels and set up a horse-drawn carriage workshop. This was the beginning of a long and remarkable family epic.<\/p>\n\n\n

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\"Roland
Roland d'Ieteren's fortune<\/figcaption><\/figure>\n<\/div>\n\n\n

After the First World War, Lucien D'Ieteren<\/strong> began to establish international contracts, manufacturing bodies for prestigious brands such as Minerva and Hispano-Suiza. With the advent of mass production ofHenry Ford<\/strong> in the United States, Lucien realized that importing vehicles was the future. D'Ieteren began importing cars in addition to production, laying the foundations for future growth.<\/p>\n\n\n\n

Post-War II expansion and growth<\/strong><\/h3>\n\n\n\n

After the Second World War, the family built a car assembly plant in forest, where they first assembled Studebakers, then Volkswagen<\/a>, including the famous \"Beetle\". This step marks a significant acceleration in D'Ieteren's growth as a car importer in Belgium.<\/strong><\/p>\n\n\n

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\"photo
Roland D'Ieteren fortune<\/figcaption><\/figure>\n<\/div>\n\n\n

Diversification and Success<\/strong><\/h3>\n\n\n\n

Under the direction of Roland D'Ieteren<\/strong>In the 1990s, the company diversified by acquiring the car rental company Avis Europe<\/strong>. Although financially demanding, this acquisition has been a success through an IPO on the London Stock Exchange.<\/strong><\/p>\n\n\n

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\"D'Ieteren
D'Ieteren family logo<\/figcaption><\/figure>\n<\/div>\n\n\n

D'Ieteren expands further by taking control of Belron<\/strong>known for its Carglass<\/strong> and Autoglass<\/strong>the world leader in automotive glass repair and replacement. The Belron division becomes the group's main growth engine, strengthening the family fortune.<\/strong><\/p>\n\n\n\n

Challenges and Repositioning<\/strong><\/h3>\n\n\n\n

Despite its success, Belron<\/strong> is experiencing difficulties in the UK, with a decline of 40 % in 2014 due to the economic crisis. In China, some 30 service centers are closed, resulting in a drop in profits of over 10 %. As a result, D'Ieteren is restructuring its distribution network to D'Ieteren Auto<\/strong>while focusing on its lucrative international activities. Thanks to this strategy, Belron is recovering rapidly and confirming its central position within the Group.<\/strong><\/p>\n\n\n

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\"Soci\u00e9t\u00e9<\/figure>\n<\/div>\n\n\n

Strategic Investments<\/strong><\/h3>\n\n\n\n

In 2017, D'Ieteren sold part of Belron to CD&R<\/strong>a private equity company, a holding acquired by BlackRock<\/strong> in 2021. The proceeds from this sale will enable the D'Ieteren family to acquire Moleskine<\/strong>an Italian brand of notebooks, for 506 million euros. However, Moleskine's performance was disappointing.<\/strong><\/p>\n\n\n\n

In 2021, D'Ieteren invests\u00a01.2 billion euros<\/strong>\u00a0to buy a minority shareholding of 40 % in\u00a0TVH Parts<\/strong>,<\/a> a company specializing in the sale of parts for forklift trucks, construction and agricultural machinery. These strategic investments reinforce the Group's diversification and financial stability.<\/p>\n\n\n

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Nicolas D'Ieteren multi-billionaire, heir to Roland<\/figcaption><\/figure>\n<\/div>\n\n\n

Current Leadership<\/strong><\/h3>\n\n\n\n

In 2020, Roland D'Ieteren<\/strong> died of COVID-19 at the age of 78. Nicolas D'Ieteren<\/strong>his son, takes over the reins of the Group. Under his leadership, D'Ieteren continues to incorporate modern approaches such as the ESG (Environment, Social, Governance) strategy and places particular emphasis on reducing CO2 emissions, thus ensuring the company's sustainability and social responsibility.<\/p>\n\n\n\n

Summary of D'Ieteren Family Key Assets<\/strong><\/h3>\n\n\n\n