Salma Hayek Pinault and her billionaire husband keep their finances separate — just like many Gen Z and millennial couples
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- Salma Hayek Pinault told the Wall Street Journal that she and her husband keep their finances separate.
- Her husband is François-Henri Pinault, the billionaire CEO of Kering.
- Many young couples are also choosing to keep their finances separate rather than having joint accounts.
Salma Hayek Pinault said she and her husband, François-Henri Pinault, the billionaire CEO of Kering, keep their finances separate.
Hayek Pinault, 58, is one of Hollywood's biggest stars, and The Times of London estimated in May that her net worth exceeds £100 million (over $129 million).
Her 62-year-old husband, whom she married in 2009, is even wealthier. Kering, which his father founded, owns multiple major fashion brands, including Gucci, Balenciaga, Alexander McQueen, and Saint Laurent. The same Times of London piece estimated his net worth was £6.147 billion (roughly $7.984 billion).
Hayek Pinault told The Wall Street Journal in an interview published Tuesday that she did not sign a prenup, unlike many high-net worth individuals do before they marry.
"I support a lot of the aspects of my life and myself," Hayek said. "I have the pressure to make a certain amount of money, and I like it. And now, I decided, I want to make more."
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Hayek Pinault said she's pursuing business ideas, and her husband likes her ambition.
"I think he finds it kind of sexy," she said.
A 2023 Bankrate/YouGov survey of 2,233 U.S adults — 1,124 of whom were married or living with their partner — found that 38% of Gen Zers (aged 18 to 27) kept their finances separate, followed by 32% of millennials (aged 28 to 43). That was compared to 24% of Gen Xers (aged 44 to 59) and 16% of baby boomers (aged 60 to 78).
Millennials and Gen Xers were also more likely to choose a mixture of joint and separate accounts than other generations, instead of completely separating or combining finances.
A 2018 survey commissioned by Bank of America involving 1,500 people aged between 18 and 71 similarly found that 28% of millennials said they kept their finances separate, compared to 11% of Gen Xers, and 13% of Baby Boomers. The survey included non-married people, which may have skewed the results as the millennials were younger and less likely to be married.
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Gillian Coote, the founder of Australian law firm Coote Family Lawyers, told The Guardian in 2023 that the pattern could be a symptom of a rise in people being skeptical about commitment, or a fear of being controlled by a partner.
"People are thinking differently about relationships. To be honest, they're more mercenary. It's no longer, 'Well we're going to be together forever and aren't we happy and aren't we lucky?'" Coote said. "It's more, 'Well we're together now and it's going OK, but what can I do to prevent disaster?'"
Jen Glantz, an entrepreneur from New York City who founded two small businesses, previously wrote in an essay for Business Insider that keeping her finances separate from her husband helped their marriage because they have different money habits.
"This worked because when I saw my husband overspending on things I never would, I could relax because it was his money he was spending, and mine wasn't being wasted," she wrote.
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