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Rum King Under Fire: How Billionaire Profits From Eu Subsidies

Summary by pal.be
A discreet French octogenarian built a beverage empire from €20 million to €2 billion in just a few decades. Jean-Pierre Cayard heads La Martiniquaise, which has a turnover of €1.5 billion and operates in 150 countries. His success? According to green and socialist activists, it's largely due to European agricultural subsidies. Between 2014 and 2021, 25 branches of his company reportedly raked in a staggering €150 million in taxpayer money. A sc…
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pal.bepal.be

Rum King Under Fire: How Billionaire Profits From Eu Subsidies

A discreet French octogenarian built a beverage empire from €20 million to €2 billion in just a few decades. Jean-Pierre Cayard heads La Martiniquaise, which has a turnover of €1.5 billion and operates in 150 countries. His success? According to green and socialist activists, it's largely due to European agricultural subsidies. Between 2014 and 2021, 25 branches of his company reportedly raked in a staggering €150 million in taxpayer money. A sc…

·Antwerp, Belgium
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pal.be broke the news in Antwerp, Belgium on Tuesday, October 21, 2025.
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