Jef Colruyt


Jozef Maria Damiaan "Jef", Baron Colruyt is a Belgian businessman. In 1994 he succeeded his father Jo Colruyt as head of Colruyt, a company with more than 26,000 employees. With an estimated fortune of 2.521 billion euro, he is one of the wealthiest people of Belgium.

Career

After his studies, Jef Colruyt became a representative at Dexion in 1985, a German company for logistic systems. In 1986 and 1987 he was a representative at Marchal Systems, a company for chemical pumps.
In 1987, Jef Colruyt started working in the family business.
When his father Jo Colruyt deceased unexpectedly in 1994, Jef Colruyt took over the operational management of the company at 36 years old. Under his leadership, the French market was entered into and new store formulas were developed, such as the local shop OKay, baby specialist DreamBaby, toys and gaming specialist DreamLand and the organic supermarket Bio-Planet. In 2003, Spar was also added to this.
Under the leadership of Jef Colruyt, Colruyt Group also started to pay more attention to sustainable entrepreneurship and social responsibility projects. The Collibri foundation for education, the transport charter, the charter concerning child labour and working conditions are examples of this. Also the participation in the wind farm Northwind is testimony to this.

Personal

Jef is the son of Jo Colruyt and grandson of Franz Colruyt, the founder of the Colruyt company. He was elected Manager of the Year by Trends magazine in 2002, ten years after his father Jo.
Jef Colruyt was made honorary citizen of the municipality of Beersel in 2008. In 2012, he was ennobled by King Albert II of Belgium. Since then, he may call himself baron.
Jef Colruyt is highly interested in spirituality and easters philosophies. After he had a heart attack in 2007, he went to a Hindu monastery in Bali to revitalise body and mind.