Who Is The Poorest Man In The World?


The poorest man on Earth is Jerome Kerviel. He is a trader, a consultant and a former employee at the Sociéte Generale Bank in Europe.

He was born in Ponte- l’Abbé to Marie-Josée and Charles Josée. His father was a carpenter while his mom was a hairdresser. He is 44 years of age as we speak.

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Jerome is well known as the trader who lost the largest amount of money in the world.

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Jerome graduated from the University of Nantess after he had a Bachelor’s degree in Finance.

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After that, he did his Master’s at the Lumière University Lyon 2 in the year 2000. He graduated with a Master’s degree in Finance specializing in the organization and control of financial markets.

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Jerome was taken in police custody after the bank(Sociéte Generale) he worked with filed a lawsuit against him for breach of trust, forgery and fraud. Initially, he was charged of abuse of confidence and illegitimate use of computers on 28 January 2008.

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This lawsuit was filed against him after his employers found out he had amassed a stock index futures position of $73 billion which resulted in costing the bank US$7.2 billion.

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It was reported that he started creating losing trades to offset his early gains and cover his tracks.

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Currently, Jerome Kerviel has a net worth of -$6.7 billion and is still a debtor to the Sociéte Generale Bank.


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