Rank #3101
Edouard Carmignac
Net worth $1.2B
Asset management · France
- Born
- Sep 04, 1947
- Age
- 78
- Source
- Asset management
- Residence
- Paris
- Citizenship
- France
- Marital status
- Married
- Children
- 5
- Education
Net worth over time
Biography
- Edouard Carmignac founded Carmignac Gestion, one of Europe's largest asset managers, in 1989.
- Carmignac owns 79% of the company, which now has about $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.