In 1989 he founded Carmignac, an independent and family-owned asset management firm, for which he has acted as chairman and CEO ever since.
He grew up in Peru, where his father ran an import-export business, and studied at a British school, Markham College, until the age of 12.
[2][3] He then received a master's degree in economics from the Sorbonne in 1969, followed by an MBA from Columbia University's Business School in 1972.
[6] In 1977, Edouard Carmignac moved to the Banque de la Société Financière Européenne, specializing in off-balance sheet financing in the energy and mining sector.
[7][8] In 1989, legal changes concerning the finance sector in France meant that individual stockbrokers were strongly incentivised to sell their firms to their banking clients.
[17] Artists collected include Max Ernst, Warhol, Basquiat, Roy Lichtenstein, John Baldessari, Alexander Calder, Maurizio Cattelan, Urs Fischer, Douglas Gordon, Keith Haring, Zhang Huan, Jeff Koons, Roy Lichtenstein, Shirin Neshat, and Ed Ruscha.
The award is endowed with a grant of €50,000 and aims to support the independence of photojournalists by providing them with the means to carry out in-depth fieldwork for investigative photo reportages.
[19] In 2012, Edouard Carmignac hosted a private Rolling Stones concert at the Théâtre Mogador in Paris.
[20] Open to 1600 people, attendees included employees, business associates, financial advisers and journalists.
[20] Following the concert, Edouard Carmignac was named "European Personality of the Year 2012" by Funds Europe magazine.
[22] Other exclusive concerts organized by Carmignac include ones with Rod Stewart, Lou Reed, Ana Carolina, Neil Young and Simply Red.