François Coty

French businessman
verifiedCite
While every effort has been made to follow citation style rules, there may be some discrepancies. Please refer to the appropriate style manual or other sources if you have any questions.
Select Citation Style
Share
Share to social media
URL
https://mainten.top/biography/Francois-Coty
Feedback
Corrections? Updates? Omissions? Let us know if you have suggestions to improve this article (requires login).
Thank you for your feedback

Our editors will review what you’ve submitted and determine whether to revise the article.

External Websites
Britannica Websites
Articles from Britannica Encyclopedias for elementary and high school students.
Quick Facts
Born:
May 3, 1874, Ajaccio, Corsica
Died:
July 25, 1934, Louveciennes, Fr. (aged 60)

François Coty (born May 3, 1874, Ajaccio, Corsica—died July 25, 1934, Louveciennes, Fr.) was a French perfume manufacturer who acquired newspaper interests to advance his right-wing political and social views.

By 1900 Coty’s small perfume business had become highly successful. In 1905 he opened a plant near Paris and during World War I became one of the wealthiest men in France. He gained control in 1922 of Le Figaro, a conservative Paris daily. To check the growth of French Socialism and Communism, he founded two other daily papers in 1928. Subsidized by the perfume business, both papers sold at half the price of other dailies and enjoyed wide circulation. In later years his wealth was much reduced.

This article was most recently revised and updated by Encyclopaedia Britannica.