Edouard Carmignac
Overview
- Source of Wealth
- Asset management
- Industry
- Finance & Investments
- Residence
- Paris
- Marital Status
- Married
- Children
- 5
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.
About
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.