Modern mother

Swiss billionaire Margarita Louis-Dreyfus gives birth to twins at 53


Swiss billionaire Margarita Louis-Dreyfus, majority owner and chairwoman of global trading house Louis Dreyfus Commodities, has given birth to twins at the age of 53. Louis-Dreyfus, the widow of French businessman Robert Louis-Dreyfus (cousin of actress Julia Louis-Dreyfus), is ranked the 171st richest person in the world by Forbes with a net worth of $7.1 billion. Louis Dreyfus Commodities confirmed mother and children were doing well in an emailed statement on Monday morning. In January, the company had announced that Louis-Dreyfus would continue her duties as non-executive chairwoman until the birth, and that she planned to take a short break following it.

The Russian-born Louis Dreyfus assumed control of the trading group after the death of husband Robert in 2009 of leukemia. The change in management led to a shakeup of the company, raising the possibility of opening the group’s capital to outside investors. But Ms. Louis Dreyfus has progressively upped her majority stake and has said she will to continue to buy shares. The CEO, who already had three sons — including twins — with Robert, says her husband’s dying wish was to preserve Louis Dreyfus Commodities for his heirs. She is currently dating Swiss banker Philipp Hildebrand, 52, vice-chairman of US investment firm BlackRock but has not confirmed whether he is the father of the newborn twin girls.

Read the full story at The Daily Mail.

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