Early Life
Mark Langhorn Coombs was born in April 1960. He received his education at Dulwich College and later pursued a law degree at St John's College, Cambridge.
Rise to Success
Coombs began his career in 1983 at Grindlays Bank in the Latin American department. In 1998, he founded Ashmore as a new division of the company. He led a management buyout of Ashmore in 1999, gaining control of the company. Coombs' leadership and strategic decisions propelled Ashmore to new heights, and in 2006, he took the company public.
Key Business Strategies
Coombs is primarily associated with the Ashmore Group, a leading global investment management firm specializing in emerging markets. He founded Ashmore in 1998 and has been instrumental in its growth and success. He continued to expand Ashmore's reach by acquiring money manager Emerging Market Management. By 2007, he held a substantial 42.5% stake in the Ashmore Group. However, in 2019, he sold 10 million shares in the company for £43.5 million.
Philanthropy
Mark Coombs supports education and charitable causes.