{"id":4014,"date":"2024-07-22T14:51:27","date_gmt":"2024-07-22T12:51:27","guid":{"rendered":"https:\/\/lama-fortune.com\/?p=4014"},"modified":"2025-02-13T13:05:33","modified_gmt":"2025-02-13T12:05:33","slug":"le-hodey-family-ipm-fortune","status":"publish","type":"post","link":"https:\/\/old.lama-fortune.com\/en\/famille-le-hodey-ipm-fortune\/","title":{"rendered":"Le Hodey family: Belgium's 104-million-euro media empire in full metamorphosis"},"content":{"rendered":"

Le Hodey family<\/h2>\n\n\n\n

The le Hodey family is a prominent figure in the Belgian media landscape, mainly through the company IPM Group.<\/strong> Today, Fran\u00e7ois le Hodey, son of Philippe le Hodey, plays a central role in the company. Fran\u00e7ois is best known for his role as Chairman of the Board at N-SIDE. The family media empire <\/a>includes renowned publications such as La Derni\u00e8re Heure and La Libre Belgique<\/strong>and the Belgian version of Paris Match magazine. The Le Hodey family has an estimated fortune of over \u20ac104,278,190. <\/p>\n\n\n\n

\"Le<\/figure>\n\n\n\n

Philippe le Hodey<\/strong>active in Christian and French-speaking Democrat (PSC) politics in the 1950s and 1960s, also laid solid foundations in the world of business. As a senator and member of the European Parliament, he made a name for himself in political circles. Married to Elisabeth Copp\u00e9e, they merged two great Belgian industrial dynasties. Elisabeth founded the women's movement within the PSC, while Philippe ran the Copp\u00e9e family business specializing in building materials, before its merger with France's Lafarge<\/strong> in the 1980s.<\/p>\n\n\n\n

\"logo<\/figure>\n\n\n\n

Visit Philippe's three children<\/strong> continue his work on various fronts. Fran\u00e7ois, in addition to his responsibilities at IPM, is involved in the organization of the famous Queen Elisabeth Competition<\/a>. Patrice le Hodey, meanwhile, thrives in the world of comics and animated films, while Philippe is recognized as a real estate expert and art collector. Their late brother, Dominique le Hodey, directed the Catholic television channel KTO Belgique<\/strong> and maintained close relations with King Albert II.<\/a><\/p>\n\n\n\n

The foundations of company IPM<\/strong> have been showing signs of economic tension for several years. The continuing decline in sales of their main newspapers is a major concern. In 2012, La Derni\u00e8re Heure, a popular newspaper comparable to Het Laatste Nieuws <\/a>in Flanders, and La Libre Belgique, a high-quality conservative newspaper, had a combined circulation of around 95,000 copies a day. Six years later, in 2018, circulation had almost halved to just 47,000 copies for La Derni\u00e8re Heure<\/strong>.<\/p>\n\n\n

\n
\"Photo<\/figure>\n<\/div>\n\n\n

In response to these challenges, the le Hodey family has sought to diversify and strengthen its support base. In 2014, they issued a 15 million euro bond. They also sought to merge La Derni\u00e8re Heure with Vers l'Avenir, property of Nethys,<\/a> <\/strong>but this project never came to fruition. In addition, occasional collaborations were established with the Walloon and Brussels governments, as well as with the Tecteo cable group. Tecteo acquired 49 % of IPM-Twizz Radio to support the company.<\/p>\n\n\n\n

\"Le<\/figure>\n\n\n\n

In 2022, IPM expanded its influence in the field of television by acquiring the LN24 news channel.<\/strong> Rapid technological development and changes in media consumption continually demand strategic adaptations from the le Hodey family.<\/p>\n\n\n\n

Recent acquisitions and investments<\/strong> reveal a strategy focused on resilience and diversity. In 2023, Swedish company Betsson bought Belgian sports betting site betFIRST for the impressive sum of 120 million euros. IPM held a majority stake in betFIRST, strengthening the family's influence in the digital and sports betting sector.<\/p>\n\n\n\n

\"logo<\/figure>\n\n\n\n

Philippe le Hodey<\/strong>invested in real estate, and Patrice<\/strong> and Fran\u00e7ois<\/strong>active in their respective fields, demonstrate the diversity and persistence of the family's interests. Their enthusiasm and dedication continue to guide the family in an ever-changing media industry.<\/p>\n\n\n\n

Family genealogy chart:<\/strong><\/p>\n\n\n\n

Name<\/th>Relationship<\/th>Roles\/Activities<\/th><\/tr><\/thead>
Philippe le Hodey<\/td>Father<\/td>Politician, company director, senator, member of the European Parliament<\/td><\/tr>
Elisabeth Copp\u00e9e<\/td>Mother<\/td>Founder of the PSC women's movement, company director<\/td><\/tr>
Fran\u00e7ois le Hodey<\/td>Wires<\/td>President of N-SIDE, Managing Director of IPM<\/td><\/tr>
Patrice le Hodey<\/td>Wires<\/td>Specialist in comic strips and animated films<\/td><\/tr>
Philippe le Hodey<\/td>Wires<\/td>Real estate expert, art collector<\/td><\/tr>
Dominique le Hodey<\/td>Son (deceased)<\/td>President of KTO Belgium, friend of King Albert II<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

The rich and diverse history of the le Hodey family bears witness to their enduring influence on Belgium's economic and media landscape. What has enabled the Hodey dynasty to have aassets in excess of 100 million euros.<\/strong><\/p>","protected":false},"excerpt":{"rendered":"

The Le Hodey family, a pillar of the Belgian media landscape with a fortune estimated at over 104 million euros, skilfully navigates a changing industry. At the helm of IPM Group, owner of prestigious titles such as La Libre Belgique and La Derni\u00e8re Heure, Fran\u00e7ois le Hodey continues the family legacy while diversifying activities. Faced with declining newspaper sales, the family has orchestrated bold strategic moves, including the acquisition of LN24 and the lucrative sale of betFIRST for 120 million euros. This family saga, blending politics, media and innovation, illustrates the resilience and adaptability of a Belgian dynasty in the face of the challenges of the 21st century.<\/p>","protected":false},"author":3,"featured_media":4943,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"categories":[118,65,14,15,33,120,10,124],"tags":[5,32,25,12,125],"class_list":["post-4014","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sport","category-art","category-audiovisuel","category-divertissement","category-famille","category-livres","category-media","category-politique","tag-belgique","tag-entreprise-familiale","tag-immobilier","tag-media","tag-politique"],"taxonomy_info":{"category":[{"value":118,"label":"Sport"},{"value":65,"label":"Art"},{"value":14,"label":"Audiovisuel"},{"value":15,"label":"Divertissement"},{"value":33,"label":"Famille"},{"value":120,"label":"Livres"},{"value":10,"label":"Media"},{"value":124,"label":"Politique"}],"post_tag":[{"value":5,"label":"Belgique"},{"value":32,"label":"Entreprise 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