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(His partner in the deal is Patrick Bruel, a singer and professional poker player.) Last year he set up Jaina Capital, a fund through which he plans to invest €100m in five or six French start-ups over the next two years.

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Mr Simoncini says he has done what he can for Meetic and is looking to sell his 23% stake, which is valued at about €100m, by the end of the year.If all goes to plan, Mr Simoncini will soon convert his paper riches into cash.If he wishes, he will be able to spend the rest of his life in a deckchair in a pretty resort near his hometown of Marseilles. Apart from Meetic, he has invested several million euros in Winamax, a poker website.Rumor has it Tom Cruise wanted to send Suri away to a hardcore Scientology group called the "Sea Organization" prior to Katie Holmes' divorce filing last week.According to the latest Tom Kat story floating around, the couple had been "arguing about Suri's indoctrination into Scientology" and the whole Sea Org bit was the breaking point for Holmes. In response to reports involving Suri joining the Sea Organization, Gary Soter, who represents the Church of Scientology, International, tells E!

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Mr Simoncini had the idea for Meetic during dinner with three friends who had all recently divorced or separated. Mr Simoncini decided to help them, and others like them, for a lark. By 2003 Vivendi's share price had slumped from €116 to €12 and Mr Simoncini had debts of millions of euros. Losing his stash was “the best thing that has ever happened to me,” he says, “because otherwise I would not have worked so hard for Meetic.” Meetic charges a monthly fee for membership of what Mr Simoncini calls “the world's biggest nightclub”.In 2008 he launched Meetic Affinity, a matchmaking site, which is more expensive.After a false start he founded Opsion, an IT-services firm. Single bar aalen It took him 14 years to repay his debt to his father.:"With regard to your question about Suri Cruise joining the Sea Organization, Scientology's religious order: The first we've heard of this is from the media.

The story is preposterous and untrue."A lawyer for the church later told TMZ no one under the age of 16 can join the Sea Organization, and that without exception all minors must have the "consent of both parents and/or all legal guardians" in order to join.There are fewer bureaucratic hurdles than before, and the bursting of the internet bubble has reduced the stigma of failure by making it commonplace.Recent reforms have re-energised France's entrepreneurial culture, says Frédéric Iselin of HEC, a French business school, who has also been an internet entrepreneur.“I have been poor, very rich, ruined and now very rich again, at least on paper,” he says. Mr Simoncini dropped out of college after an internship at a company that worked with Minitel, a pre-world-wide-web online service.In 1986 his father lent him FFr20,000 (,000) to start his own business.


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