Edouard Carmignac
$1.1B
Born
Sep 04, 1947
Age
78
Source of Wealth
Asset management
Residence
Paris,
Citizenship
France
Marital Status
Married
Children
5
Education
- Edouard Carmignac founded Carmignac Gestion, one of Europe's largest asset managers, in 1989.
- Carmignac owns 79% of the company, which now has over $40 billion in assets under management; employees and executives own the rest.
- His daughter Maxime works at the company and is the heir apparent. His son directs Foundation Carmignac and another daughter, Lucrece, is an actress.
- In 2019, Carmignac stepped back from managing Carmignac Patrimoine, which he had run since 1989. He is chairman and chief investment officer.
- The Foundation Carmignac opened an exhibition space in 2018 to show nearly 300 art works on Porquerolles, an island off the South of France.
- Edouard Carmignac wanted to be a rock star but settled for finance after receiving a BA in economics from the University of Paris and an MBA from Columbia.
- Carmignac is a keen polo player. His team reached the semi final of the prestigious Deauville Gold Cup in 2017.
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