Florian Homm Net Worth

Short introduction

Florian Homm is probably the most famous value protected fund manager in Germany. For a long time, HOMM manages the Protection Fund for Absolute Capital Management Value (ACM), which sometimes has a volume of up to three million US dollars. This hedging fund completely collapsed in 2007 and investors made a loss of $ 200 million. This was followed by immersion and spectacular escape Florian Homm from US authorities such as FBI and DEA. A number of transactions that cannot be explained by managers still exist today. Florian Homm now lives in Germany and, although there is a warrant for arrests from the FBI and Switzerland, not extradition.

Early life

Successful Protection Fund Manager, Florian Homm was born on October 7, 1959 in Oberursel. He grew up in Bad Homburg, Hesse, the son of a medium handicraft businessman named Joachim Homm. His great uncle is a famous businessman Josef Neckermann. Homm successfully completed his studies at Harvard Business School with Master of Business Administration. He then began his career as an investment banker in the US financial industry.

Career

With the promising completion of Harvard Business School, Florian Homm began his first job as an investment banker at the Merrill Lynch Investment Bank. He then turned to a famous US fund provider named Fidelity Investments. In the following years, Homm also worked for Swiss private banks Julius Baer and Asset Assets manager TWOEEDY BROWNE.

Career highlights

In 1993, the dedicated value of protected fund manager laid the foundation for his success story by starting his own business with Kevin Devine America. Mapan Investment Companies Value Management & Research AG (VMR) focus on small companies. The concept includes unsuccessful companies such as Comtelco registered in internet exchanges such as Frankfurt Neuer Markt. After the company was founded, there was a stock market explosion that finally made managers rich. At the beginning of the new millennium, Homm left VMR, which at that time had an EUR 500 million market value, and established a Hedge Fund Absolute Capital Management Holding Ltd. company. with others. (ACM).

In the most successful Florian Homm period, he then managed the company he founded with around three billion euros in the client’s assets. By doing that, he succeeded among the 300 richest Germans. In this context, he received the title of this year’s hedge fund leader from an investment magazine which is famous as an alternative investment news. With a commitment of 20 million euros, he saved the Borussia Dortmund soccer club during these times. He has given lectures on regular management since 2014 and continues to market his autobiography, Hunt Money Hunt with great success.

Florian Homm runs a successful YouTube channel and also the character of the documentary film title by Amazon Studios. Since 2017, he has continued to design the opinion section at RT Deutsch, entitled Florian Homm to speak ordinary text.

Amazing facts

Florian Homm became very famous because of his spectacular escape in 2007. The ACM company, which he followed, was under increasing pressure, because it was very common to invest in non -liquid funds. Speculation gives Florian Homm the number of escapes up to 150 million euros.

In this context, the US and DEA exchange regulators filed a demand for entrepreneurs in 2011. Private investigators even placed a prize of 1.5 million euros at HOMM seizures. There was extensive speculation and false reports about the existence at the time.

In 2013, Homm was finally arrested by an Italian police and was in extradition custody in Pisa. However, in June 2014, he was released from detention because the maximum period of extradition resistance had expired. In the United States, he faced a maximum sentence of up to 225 years in prison.

In 2000, at the peak of his career, he was diagnosed with multiple sclerosis at the age of 40 years. His sister died of the same illness in 2005.

james

See author's posts