Connect with us

Hi, what are you looking for?

Lifestyle

Who is the person most in debt?

jerome kerviel
jerome kerviel
Advertisement

Debt is anything, usually money borrowed by one party from another party. “Who is the person most in debt” may look somehow weird or rhetorical a question but in reality, is not.

The most indebted person in the world is Jerome Kerviel. He is a 44-year-old French trader and consultant who bases in France. He began his tertiary education at the University Of Nantes. Jerome Kerviel graduated from Luminiere University Lyon and was awarded a Masters degree in Finance in 2002. He specialized in the organization and control of financial markets.

jerome kerviel

Jerome Kerviel

After graduating from school, Jerome worked with the French-based company Societe Generale. From a court ruling in October 2010, Jerome Kerviel owes his former employer, Societe Generale, an amount of $6.3 billion. Societe General are the second largest bank in France and has spread throughout all parts of the world.

Advertisement
societe generale

Societe Generale

It was revealed that Jerome has engaged in unauthorized trade He was given a criminal penalty of three years of imprisonment due to breach of trust, forgery and entering false data in relation to the unauthorized trades. He was released from prison in September 2015.

The $6.3 billion debt of Jerome Kerviel is too huge and thus making him the person most in debt. Others describe Jerome as the poorest man in the world.

You May Also Like

News

Advertisement Buckingham Palace on behalf of Queen Elizabeth II has released a statement following Prince Harry and Meghan Markle’s interview with Oprah Winfrey. The Queen...

Lifestyle

Advertisement Mexico, just like any other country, is battling the deadly virus, COVID-19. Though the country has reported the new strain of the Covid-19...

Lifestyle

Advertisement Former WWE superstar, Gabbi Tuft has now released worldwide news on her social media as he’s come out transgender with a lengthy statement....

News

Advertisement Lil Nas X is in the middle of a holy war now — legally speaking — because Nike’s going after the company making...