Frederic Chesnais Net Worth – OtakuKart

Frederic Chesnais Net Worth – OtakuKart

Don’t know who Frederic Chesnais is? Interested in knowing his net worth? For those who are interested and the one’s not interested, Frederic Chesnais is the founder and C.E.O. of AlphaVerse.

Born in Paris, France, in 1964, Frederic Chesnais is the C.E.O. of Alphaverse on NFT. Frederic Chesnais achieved his degree in finance from Ecole Polytechnique Federale de Lausanne in Switzerland. Frederic tried his hand at investment banking and finance by working at Goldman Sachs.

Frederic co-founded CBI, an investment firm, in 1997. CBI is a company that works on investing in technological companies, and it has previously invested in companies like Atari, Gameloft, and Ubisoft. Frederic Chesnais conquered Atari and became its C.E.O. in 2008 and led the company through several destruction and growth.

Several successful video games were released by Atari under Frederic’s leadership. Some of the video games released by Atari’s group are Alone in the Dark, Rollercoaster Tycoon 3, and Test Drive Unlimited. Frederic is a member of the board of directors of Syndicat National du Jeu Video, a French video game trade association.

Frederic Chesnais
Frederic Chesnais At An Event [Credits: Getty Images]

Frederic is a French businessman, for people who may confuse him to be an American businessman. Frederic has been in the video game industry for more than 20 years and has continued to maintain his position successfully in the industry.

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Currently, Frederic works as the Chairman of a blockchain technology company by the name of Crypto Blockchain Industries SA. Frederic started his career in the role of a financial consultant and lawyer before he moved on and joined Atari Group in 2001.

In 2007, Frederic left Atari to create Frees Reign East, his video game production company. In 2021, Frederic stepped down from Atari to work at Crypto Blockchain Industries. Frederic worked at Lazard Bank from 1995 to 2000 and started his work at Atari Group from 2001 to 2007.

Frederic has worked hard with determination to reach the level of accomplishments he has achieved. Frederic’s bet on Atari worked as it recorded a turnover of 7.6 M over the nine months of starting. Frederic has recently worked on the game concept around the LGBT community.

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Frederic Chesnais’s Net Worth

The brilliant entrepreneur, Frederic Chesnais, enjoys an estimated net worth of $1.4 B, most of which comes from his successful career as the C.E.O. of Atari and a businessman. There is no information available on Frederic’s real estate and car collection, as the entrepreneur keeps his life private.

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Frederic doesn’t have a massive social media presence, and he doesn’t have an account on Instagram. The entrepreneur has kept his life mostly under wraps and away from the eyes of the media.

Frederic makes most of his income from investing in different companies and buying shares of companies, then further invests the gains from it into another business. Frederic mostly invests in technological companies, and he has also invested in NFTs.

The only place Frederic is active is Linkedln as he uses it to keep his companies presence in the market. As Frederic Chesnais works in the production of video games, and he earns a part of his income from the sale of his video games. Over time Frederic Chesnais has built an excellent profile for himself in regard to his business.

Frederic Chesnais
Frederic Chesnais During An Interview [Credits: Getty Images]

With the creation of Crypto Blockchain, Frederic Chesnais has successfully completed financial transactions worth $1 B. Frederic Chesnais also has experience in interactive entertainment. Frederic bought Atari company while it was on the verge of bankruptcy and then turned it around for the company.

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Atari was successfully brought out of bankruptcy by Frederic Chesnais through several reconstructions. Frederic has opened up about the company being under a lot of debt and him taking a bet on Atari to make it work as it was under a debt of 35 million euros.

Frederic bought the company from Hasbro when it was losing millions of dollars ranging between $250 M-$300 M. Frederic has done an amazing job in turning the fate of Atari over time. In several of his interviews, Frederic Chesnais has openly talked about his struggles and hard work.

Frederic Chesnais has years of experience in bank investment. Frederic has successfully brought Atari into the blockchain gaming space. Frederic is a passionate advocate for the technologies involving blockchain. Frederic believes blockchain technology will prove revolutionary for the gaming industry.

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