Turkey's Sahenk family stacks up luxury holdings
Turkey's richest family is expanding its commercial ties with luxury's biggest names, in the Sahenks' own country and throughout the Middle East.
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Established on the Promenade des Anglais for over 30 years, iconic Nice restaurant La Petite Maison has been branching out into the Middle East with the backing of an Emirati group whose shareholders include two Saudi royals.
François-Henri Pinault is making sure his travels don't show up on flight-tracking websites. The Kering CEO, who has owned a large-cabin private jet for two years, is keen to avoid the fate that befell Bernard Arnault, who was famously obliged to give up his own aircraft under pressure from plane-spotters tracking his movements.
Rattled by the violent demonstrations in Tehran, the Iranian regime retains a handful of striking real estate assets inside Paris's coveted Golden Triangle. But it can't sell them off or move on while sanctions persist.