Mark Coombs | |
Birth Name: | Mark Langhorn Coombs |
Occupation: | CEO, Ashmore Group |
Education: | Dulwich College |
Alma Mater: | St John's College, Cambridge |
Nationality: | British |
Spouse: | Rebecca Coombs |
Mark Langhorn Coombs (born April 1960) is a British billionaire businessman, CEO of the Ashmore Group.
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]
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]
He lives with his wife Rebecca[6] in Wimbledon, London.[3]