Mark Langhorn Coombs (born April 1960) is a British billionaire businessman, CEO of the Ashmore Group.
Mark Coombs | |
|---|---|
| Born | Mark Langhorn Coombs April 1960 (age 63–64) |
| Nationality | British |
| Education | Dulwich College |
| Alma mater | St John's College, Cambridge |
| Occupation(s) | CEO, Ashmore Group |
| Spouse | Rebecca Coombs |
Early life edit
Mark Langhorn Coombs was born in April 1960,[1] and was educated at Dulwich College and St John's College, Cambridge with a degree in law.[2][3]
Career edit
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.[2] In 1998, he started Ashmore as a new division of the company. In 1999, Coombs led a management buyout, and took Ashmore public in 2006. He later bought the money manager Emerging Market Management.[3] In 2007, he held 42.5% of the Ashmore Group.[2]
In 2019, Coombs disposed of 10 million shares in Ashmore Group, which earned him £43.5 million.[4]
According to the Sunday Times Rich List in 2020, Coombs is worth £1.42 billion, a decrease of £88 million from 2019.[5]
Personal life edit
References edit
- ^ "Ashmore Group plc". Companies House. Retrieved 10 August 2015.
- ^ a b c Burgess, Kate (27 February 2007). "Ashmore's reluctant debutante". FT. Retrieved 31 December 2014.
- ^ a b c "Mark Coombs". Forbes. Retrieved 31 December 2014.
- ^ Janiaud, Alex (25 June 2020). "Ashmore CEO banks £43.5m in share sale". www.investorschronicle.co.uk. Retrieved 25 August 2020.
- ^ Times, The Sunday. "Rich List 2020: profiles 51-100, featuring Bernie Ecclestone". The Times. ISSN 0140-0460. Retrieved 17 July 2020.
- ^ "Low profile city financier to join dollar billionaire club". ES. 15 September 2006. Retrieved 31 December 2014.