Gilbert de Botton

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Gilbert de Botton (February 16, 1935 – August 27, 2000) was a financial pioneer in the 20th century, who is considered the inventor of the open architecture model of asset management.[1] He was fluent in 12 languages. He was also a prominent art collector.

In 1968, when the British and French Rothschild banking houses decided jointly to establish an operation in Zurich, de Botton was recruited as its first managing director. He went on to serve briefly as president of Rothschilds in New York in 1982.[2]

In 1983, Gilbert de Botton founded the Global Asset Management financial firm, a multinational asset management firm, later incorporated into UBS AG until December 2005, when it was acquired by Julius Baer.[3] On selling his stakes in the company in 1999, de Botton received a large sum of money, whose size has never been officially confirmed by buyer or seller. De Botton's wealth was estimated by one source to have reached £234 million in 1999.[4]

In 2003, GAM and the London School of Economics and Political Science (LSE) have announced the creation of the ‘GAM Gilbert de Botton Award in Finance Research’, annual award given in recognition of outstanding research in finance, in honour of Gilbert de Botton.[5]

Personal life[edit]

Gilbert de Botton was born in Alexandria, Egypt, to a distinguished Sephardic Jewish family. Among his ancestors was the rabbinical scholar Abraham de Boton. Gilbert was brought up largely by his mother's parents. His mother died in 1959. He also saw little of his father, who was an oil company representative.[2]

Gilbert was educated at Victoria College, Alexandria; the Hebrew University of Jerusalem, where he studied economics; and Columbia University in the United States, where he took a master's degree.[2]

Gilbert de Botton married Jacqueline Burgauer in 1962. The marriage was dissolved in 1988. They had two children: a son, the writer Alain de Botton, and a daughter, Miel de Botton, a philanthropist and art collector. In 1990, he married Janet Green (formerly Janet Wolfson), the eldest daughter of the immensely wealthy Sir Isaac Wolfson, of the Great Universal Stores family, and previously the wife of multi-billionaire Michael Green. Janet de Botton is also a prominent collector of modern art.[2][6]

References[edit]

  1. ^ GAM and the London School of Economics and Political Science announce award in honour of Gilbert de Botton
  2. ^ a b c d "Gilbert de Botton", The Telegraph, obituaries, 30 Aug 2000.
  3. ^ https://www.gam.com/en/About/History.htm
  4. ^ Post. "Sunday Times Rich List". Thesundaytimes.co.uk. Retrieved 2011-05-08. 
  5. ^ Financial Markets Group
  6. ^ "Life and times of Michael Green", BBC News, Monday, 20 October 2003, accessed 2 July 2010.

External links[edit]