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Olivier Dassault, a French politician and son of the late aviation billionaire Serge Dassault, was killed in a helicopter crash.
The fatal accident on Sunday (NZT Monday) was pointed out by French President Emmanuel Macron on Twitter, calling it a “great loss” for the country.
“Olivier Dassault loved France. Captain of industry, deputy, local elected official, reserve commander in the air force – during his life, he never stopped serving our country,” Macron said.
The 69-year-old was the 12th richest person in France with a net worth of $ 7.5 billion, according to the Bloomberg Billionaires Index.
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His grandfather, Marcel Dassault, was a World War I aircraft designer who founded an aviation empire.
Olivier worked in the family business before becoming a politician in the conservative Les Republicains party in 2002.
The helicopter crashed near Deauville, on the northwestern coast of France, AFP reported.