Sunderland co-owner Kyril Louis-Dreyfus makes major life announcement on social media

Sunderland owner Kyril Louis-Dreyfus has announced the birth of his first child.

Taking to Instagram alongside his wife Alexandra Louis Dreyfus, Kyril Louis-Dreyfus wrote: "A month ago we were blessed with the biggest gift. Welcome to the world, little one."

Kyril Louis-Dreyfus' net worth is thought to be around £2billion and that would make him the 17th richest owner in the Premier League should Sunderland ever be promoted from the Championship, though that is unlikely to be during the 2023-24 season.

The Louis-Dreyfus family founded the Louis-Dreyfus group in 1851 and the company has been involved in agriculture, food processing, international shipping and finance over the years.

The company made over $1billion in profit during the last fiscal year, according to Fortune, though Kyril Louis-Dreyfus does not have full control of the company. The organisation employs over 22,000 people.

His father, Robert, was also the CEO of Adidas and Saatchi & Saachi and a previous owner of Olympique de Marseille before he passed away in 2009. Kyril Louis-Dreyfus' mother, Margarita, has a current net worth of £2.7billion, according to Forbes.