Cirque de Soleil Founder and Billionaire Guy Laliberté in Custody for Growing Cannabis

Reuters
By Reuters
November 13, 2019Entertainment News
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Cirque de Soleil Founder and Billionaire Guy Laliberté in Custody for Growing Cannabis
Cirque du Soleil founder Guy Laliberte attends the ceremony honoring him and Cirque du Soleil with a star on the Hollywood Walk of Fame in Hollywood on Nov. 22, 2010. (Valerie Macon/AFP via Getty Images)

The founder of Cirque de Soleil, Guy Laliberté, has been taken into police custody in French Polynesia for growing cannabis, Laliberté’s investment firm said on Wednesday.

Montreal-based tech and innovation investment company Lune Rouge said Laliberté, 60, is being questioned regarding cannabis cultivated for “his personal use only” at his residence on Nukutepipi, an island in French Polynesia.

Laliberté, a billionaire according to the 2019 Forbes list, “categorically denies and dissociates himself completely from any rumors implicating him in the sale or the traffic of controlled substances,” Anne Dongois, head of communications for Lune Rouge, said in an emailed statement.

Reuters could not immediately reach French Polynesia officials for comment.

The statement described Laliberté as a medical cannabis user and said the company is collaborating with local authorities on the investigation.

Laliberté founded Cirque de Soleil in 1984 in Montreal, turning a passion for acrobatics and circus acts into a global entertainment empire.

Cirque du Soleil founder Guy Laliberte 2
Cirque du Soleil founder Guy Laliberte speaks at the ceremony honoring him and Cirque du Soleil with a star on the Hollywood Walk of Fame in Hollywood on Nov. 22, 2010. (Valerie Macon/AFP via Getty Images)

In 2015, a consortium led by U.S. private equity firm TPG Capital Management acquired a majority stake in Cirque de Soleil, with Laliberté’s family trust retaining a 10 percent stake, Reuters reported then.

By Moira Warburton