Olivier Sarkozy
| Olivier Sarkozy | |
|---|---|
 Sarkozy at London Business School Private Equity conference, 2011 | |
| Born |
Pierre Olivier Sarkozy May 29, 1969 France or Mexico |
| Alma mater | University of St. Andrews |
| Occupation | Banker |
| Spouse(s) |
Charlotte Bernard (m. 1997; div. 2011) Mary-Kate Olsen (m. 2015) |
| Children | 2 |
| Relatives |
Guillaume Sarkozy (paternal half-brother) Nicolas Sarkozy (paternal half-brother) Jean Sarkozy (nephew) |
Pierre Olivier Sarkozy[1] (born c. 1969)[1] is a French banker based in the United States. His half-brother is Nicolas Sarkozy, former President of France.
Early life
Sarkozy was born to Pal Sarkozy de Nagy-Bocsa, of Hungarian descent, and Christine de Ganay, of French descent.[2] His father was previously married and had three children with his first wife, including Nicolas,[3] with whom Sarkozy met weekly during his early childhood. De Ganay divorced Pal Sarkozy, and then married an American diplomat, when Sarkozy was 7. He spent the rest of his childhood and adolescence outside France, living in Zambia, Egypt, and a boarding school in the UK. Sarkozy later studied at the University of St Andrews, where he earned an M.A. in medieval history.[2]
Career
In 1990 Sarkozy was hired by American investment bank Dillon, Read & Co.. He left three years later to join Credit Suisse First Boston, where he held several senior posts, including Managing Director in the Financial Institutions Group.[4]
While at CSFB, Sarkozy advised Wachovia in its merger of equals with First Union and concurrent defense against a competing hostile proposal from Suntrust, Dime Bancorp in its merger with Washington Mutual, CoreStates Financial in its sale to First Union, and Wells Fargo in its merger with Norwest Corporation and acquisition of First Interstate, and others.[2]
In January 2003 he joined UBS Investment Bank, where he was Global Co-Head of the Financial Institutions Group. At UBS, he worked on such transactions as Sallie Mae's attempt to go private and subsequent recapitalization, ABN Amro's $21 billion sale of LaSalle Bank to Bank of America, Mellon's $17 billion merger of equals with the Bank of New York, Charles Schwab's sale of U.S. Trust to Bank of America, MBNA's $36 billion sale to Bank of America, Wachovia's $14 billion acquisition of Southtrust, National Commerce's $7 billion sale to Suntrust, and Regions Financial's $6 billion merger of equals with Union Planters.
Sarkozy was responsible for CIBC's $2.9 billion recapitalization and Sallie Mae's $3.0 billion recapitalization. He also acted as lead advisor in a number of other notable transactions, including Dime Bancorp's private placement of preferred and other equity securities to Warburg Pincus, as part of their successful defense against a hostile tender offer from North Fork to the recapitalization of Glendale Federal Bank, representing the then- largest recapitalization in history. On March 3, 2008, he was appointed Co-head and Managing Director of the Carlyle Group's Global Financial Services Group. Olivier Sarkozy is based in New York City and is a member of the Board of Directors of BankUnited.[4]
Personal life
In the 1990s, Sarkozy married Charlotte Bernard, a freelance fashion writer and author of children's books, who grew up in Paris. They were married by his half-brother, Nicolas, who was then mayor of Neuilly-sur-Seine. They have two children.[5] Sarkozy and Bernard were married for 14 years before separating in 2010, with their divorce being finalized the following year.[6]
Sarkozy began a relationship with former child actress Mary-Kate Olsen, who is 17 years younger, in May 2012.[6] The two were married on November 27, 2015, at a private residence in New York City.[7]
His net worth is estimated at $60 million as of 2016.[8]
References
- 1 2 "Executive Profile: Pierre Olivier Sarkozy". Bloomberg Business. Archived from the original on October 28, 2015. Retrieved October 28, 2015.
- 1 2 3 Olson, Parmy (May 9, 2007). "The Other Sarkozy: Big Apple Dealmaker". Forbes. Archived from the original on April 27, 2015. Retrieved April 19, 2008.
- ↑ Schmemann, Serge (15 May 2007). "The New French President's Roots Are Worth Remembering". The New York Times. Retrieved 28 September 2008.
- 1 2 "The Carlyle Group Names Olivier Sarkozy Co-head of Global Financial Services Group". The Carlyle Group. 2008-03-03. Archived from the original on 2008-05-12. Retrieved 2008-04-19.
- ↑ Grove, Lloyd (November 12, 2007). "Expatriate Games". New York. Archived from the original on October 8, 2012. Retrieved April 19, 2008.
- 1 2 Maresca, Rachel (August 16, 2013). "Mary-Kate Olsen bonds with boyfriend Olivier Sarkozy's young daughter during shopping trip". Daily News. New York City. Archived from the original on February 18, 2015. Retrieved October 28, 2015.
- ↑ "Mary-Kate Olsen had 'bowls of cigarettes' for guests at wedding". People. November 29, 2015. Archived from the original on November 29, 2015. Retrieved November 29, 2015.
- ↑ "Olivier Sarkozy net worth". Retrieved March 17, 2016.