Jean-Pierre Van Rossem
| Jean Pierre Van Rossem | |
|---|---|
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| Belgian Chamber of Representatives | |
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In office 1991 – 1995 |
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| Member of the Flemish Parliament | |
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In office 1992 – 1995 |
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| Personal details | |
| Born |
29 May 1945 Bruges, Belgium |
| Nationality | Belgian |
| Political party | ROSSEM |
| Children | Nicholas Piki Van Rossem Youri Van Rossem |
| Alma mater | Ghent University, Wharton School of the University of Pennsylvania |
| Occupation | stock market guru, economist, econometrician, author, philosopher, public figure, politician and former member of the Belgian & Flemish Parliament |
| Awards | The International Scholarship of Flanders-prize |
| Website | www |
Jean-Pierre Van Rossem (born 29 May 1945) is a Belgian stock market guru, economist, econometrician, author, philosopher,public figure, politician, and former member of the Belgian & Flemish Parliaments.
He studied economics at the University of Gent in 1963-67. With his final term paper 'De omloopsnelheid van het geld : theoretische begripsbenadering en praktische toepassing in België' ('The velocity of money: Theoretical approach to understanding and practical applications in Belgium') he won the International Scholarship of Flanders-prize and was able to study two years of econometrics under Noble Price winner Lawrence Klein at the Wharton School of the University of Pennsylvania.
He became famous as a guru with 'Moneytron', an investment company that could offer apparently endless returns. His customers included the moneyed Europe, including the Belgian Royal Family. Van Rossem claimed that the 'Moneytron' was a supercomputer able to predict economic fluctuations, and the access to its room was strictly forbidden, behind a closed door in Van Rossem's office.
Van Rossem also claimed that he had developed a model that could predict the stock market and beat the capitalist system. His sympathies for the theories of Karl Marx did not stop him investing for the very wealthy and accumulating 860 million dollars for himself. At his most successful, Van Rossem owned a yacht, The Destiny, 108 Ferraris and two Falcon 900 aircraft. Later everything was sold to pay debts. He also printed false shares.
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Wikipedia