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Pierre van der Mersch & family
Rank #1560
BELGIUMFinance & InvestmentsInvesting

Pierre van der Mersch & family

Net Worth
$2.545B
+0.79% (24h)
Pierre van der Mersch, at 90 years old, is a prominent figure in the finance and investment industry, known for his astute investment strategies. His wealth source is primarily from Investing. Dubbed the 'Belgian Warren Buffett,' he began his career as a bank clerk in 1958 and built his fortune by taking control of publicly-traded shell companies in the 1980s. He is the leader of the Van der Mersch family. His asset management style focuses on long positions in undervalued companies, leading to his significant net worth and global ranking.

The Full Dossier

Early Life

Pierre van der Mersch began his career as a bank clerk in 1958.

Rise to Success

In the 1980s, van der Mersch started building his fortune by acquiring and controlling publicly-traded shell companies. He transformed these into the investment holding company, Brederode. His asset management style focuses on taking long positions in undervalued companies.

Key Business Strategies

Van der Mersch is known for his stock-picking strategy, investing in companies considered undervalued in the stock market with the best profitability and growth prospects. Brederode's diversified portfolio includes listed and unlisted companies, maximizing profitability while minimizing risk. He emphasizes the importance of profit and net asset value per share as key metrics.

Philanthropy

Specific philanthropy amounts are not readily available in the search results, and therefore, it is not possible to provide the exact amounts of his philanthropic work.

Career Timeline

2023

Honorary President of Brederode

Assumed the position of Honorary President of Brederode.

1980s

Building fortune

Building his fortune by taking control of a series of publicly-traded shell companies.

1970

Acquired Auxiliaire des Mines

Acquired Auxiliaire des Mines, an old coal holding company.

1958

Bank Clerk

Began his career as a bank clerk.

Wealth Trajectory