Edouard Carmignac

Edouard Carmignac founded Carmignac Gestion, one of Europe's largest asset managers, in 1989.Carmignac owns 73% of the company, which now has nearly $70 billion in assets under management; employees and executives own the rest. His daughter Maxime, who works at the company, is the heir apparent. His son is a guitarist and another daughter, Lucrece, is an actress.In 2018, Carmignac stepped back from managing Carmignac Investissement, which he has run since 1989. The Foundation Carmignac opened an exhibition space in 2018 to show nearly 300 art works on Porquerolles, an island off the South of France.