How did Jerome Kerviel lose his money?

How did Jerome Kerviel lose his money?

Who Is Jerome Kerviel? Jerome Kerviel was a junior level derivatives trader for French securities firm Société Générale. He was charged with losing more than €4.9 billion in company assets by conducting a series of unauthorized and false trades between 2006 and early 2008.

Is Jerome Kerviel rich?

Jerome Kerviel Net Worth Jerome Kerviel has a net worth of -$6.7 billion making him the poorest person in the world. Kerviel would have become one of the 50 richest people in America if the debts he owes to French bank Societe Generale for fraudulent trades were assets.

Where is Jerome Kerviel now?

Jerome Kerviel is now working as a constant in France after serving his three-year prison term.

Who owes the most money in the world?

Japan, with its population of 127,185,332, has the highest national debt in the world at 234.18% of its GDP, followed by Greece at 181.78%.

Who is the most indebted person in the world?

Jerome Kerviel: The most indebted person in the world, owes $4.9 billion.

Who is Jerome Kerviel the rapper?

Jérôme Kerviel (French pronunciation: ​[ʒeʁom kɛʁvjɛl]; born 11 January 1977) is a French rogue trader who was convicted and imprisoned in the 2008 Société Générale trading loss for breach of trust, forgery and unauthorized use of the bank’s computers, resulting in losses valued at €4.9 billion.

Does China owe the US?

China has steadily accumulated U.S. Treasury securities over the last few decades. As of October 2021, the Asian nation owns $1.065 trillion, or about 3.68%, of the $28.9 trillion U.S. national debt, which is more than any other foreign country except Japan.

Who’s the poorest person alive?

Among the 689 million people living in extreme poverty on $1.90 or less a day, there is a man called Jerome Kerviel, who is the poorest person in the world. He was born on January 11, 1977, in Pont-l’Abbé, Brittany, France.