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Suffered plunging fortunes in January when Adecco, the Swiss employment agency of which he owns 18%, announced it was investigating possible accounting errors. Adecco stock tumbled 35% that weekend. Matters got uglier when Klaus Jacobs, another billionaire owner of Adecco, publicly dissed Chief Jerome Caille, Foriel-Destezet's godson. Foriel-Destezet, who lives in London, kept mum. Partial vindication came in February when Adecco declared the accounting errors would be insignificant, lifting the stock halfway where it was before the accounting imbroglio.

Other Lists:
Foriel-Destezet, Phillipe	# 348 on World's Richest People 2003 , # 191 on World's Richest People 2002 , # 138 on World's Richest People 2001 , On World's Richest People 2000 , On World's Richest People 1999

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For billionaires with publicly traded fortunes, net worths were calculated using share prices and exchange rates from February 6, 2004.