Mark Coombs’s profile picture

Mark Coombs

Mark Coombs’s profile picture
Net worth 2018: $2.24 Billion
Industry: Finance
Residence: London, United Kingdom
BirthDay: 1960
BIOGRAPHY

Mark Coombs was bornon 1960 in London, United Kingdom, United Kingdom. Mark Coombs is #1092 in List Billionaires People In The World. A Cambridge law graduate, Mark Coombs started his career at Australia & New Zealand Banking Group. He founded investment manager Ashmore as a new division of the company in 1998, then led a buyout a year later and took it public in 2006. The London-based firm specializes in emerging markets, and manages some $50 billion in its head offices across a dozen countries. With tumultuous markets, Ashmore has seen its assets under management drop by billions for three years straight, as investors became skittish over developing economies. Combs reportedly lives in a modest home in Wimbledon.

NET WORTH STATISTIC
2010

$1.4 Billion

2011

$2.1 Billion

2012

$2.4 Billion

2013

$2.1 Billion

2014

$2.2 Billion

2015

$1.9 Billion

2016

$1.4 Billion

2017

$1.8 Billion

2018

$2.24 Billion

TIMELINE
2014

According to Forbes, as of December 2014, he has a net worth of $1

1999

In 1999, Coombs led a management buyout, and took Ashmore public in 2006

1998

In 1998, he started Ashmore as a new division of the company

1983

Coombs' first career job was in 1983 in the Latin American department at Grindlays Bank, which was later acquired by the Australia and New Zealand Banking Group

1960

Mark Langhorn Coombs was born in April 1960, and was educated at Dulwich College and St John’s College, Cambridge with a degree in law

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