What is Paul Fribourg's Net Worth?
Paul Fribourg is an American businessman who has a net worth of $100 million. Paul Fribourg was born in New York City and holds a bachelor degree from Amherst College and completed the Advanced Management Program at Harvard Business School. He is currently the Chairman, President, and CEO of the ContiGroup Companies, a position he has held since 1997. Formed in 1813, ContiGroup Companies, Inc (CGC) was formerly known as Continental Grain, and is a multinational corporation with offices and facilities in 10 countries while employing more than 13,500 people worldwide. He has held a variety of positions at CGC – from Merchandiser and Product Line Manager to Group President and Chief Operating Officer. Fribourg is also a director of Loews Corporation, Burger King Holdings, Inc, and Estee Lauder Companies. He gained notoriety in 2007 for a years long affair with former CNN news anchor Paula Zahn. Fribourg was a friend of Zahn's husband. At the time of the affair, Fribourg was in the process of divorcing his wife Josabeth. He later reconciled with his wife. In 2012, Fribourg paid $27.2 million for a five bedroom, five bathroom apartment located at 998 Fifth Avenue in Manhattan. Additionally, he is on the Board of Dean's Advisors at Harvard Business School, a Trustee of the Fribourg Family Foundation, and a Member of the Council on Foreign Relations, Brown University Advisory Council on China, and International Business Leaders Advisory Council for the Mayor of Shanghai.
(Photo by Sean Zanni/Patrick McMullan via Getty Images)
Paula Zahn Relationship
Paul Fribourg allegedly began having an affair with a then-married Paula Zahn, the news anchor, in 2006. At the time the allegedly began seeing each other romantically, Zahn was still married to real estate developer Richard Cohen. She and Cohen divorced in 2007. After their divorce Zahn sued Cohen, alleging the he had grossly mismanaged her career earnings. The lawsuit was thrown out. Zahn and Fribourg reportedly continued dating for then next 13 years.
