Billionaire conservative politician Olivier Dassault was killed on Sunday in a helicopter crash, French President Emmanuel Macron said on Twitter.
Dassault, 69, was the eldest son of French billionaire industrialist Serge Dassault, whose group builds the Rafale war planes and owns Le Figaro newspaper.
"Olivier Dassault loved France. Captain of industry, lawmaker, local elected official, reserve commander in the air force," Mr Macron said on Twitter.
"During his life, he never ceased to serve our country, to value its assets. His sudden death is a great loss. Thoughts to his family and loved ones."
A politician for the conservative Les Republicains party since 2002, he stepped down from his role on the board of Dassault to avoid any conflict of interest.
Olivier, regarded to be the favourite of founder Marcel, who died in 1986, was once considered the most likely to succeed Serge at the head of the family holding.
But that role went to former Dassault Aviation chief executive Charles Edelstenne.
Recipe: Spirulina Coconut Brothie
Ingredients
1 tbsp Spirulina powder
1 banana
1 cup unsweetened coconut milk (full fat preferable)
1 tbsp fresh turmeric or turmeric powder
½ cup fresh spinach leaves
½ cup vegan broth
2 crushed ice cubes (optional)
Method
Blend all the ingredients together on high in a high-speed blender until smooth and creamy.
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