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Pierre Andurand


Pierre Andurand (born February 1977 in Aix en Provence, France) is a French businessman and hedge fund manager, specialising in the oil market.

In 2008 Forbes Magazine placed him in its list of the top 20 highest-earning hedge-fund managers. As of 2012, he is also the Chairman and majority shareholder of Glory Sports International, the parent company of the Glory World Series international kickboxing league.

Andurand was born in the French city of Aix en Provence. At eight years old, he moved with his family to the French island of Réunion, off the African coast. He spent six years there before returning to Aix en Provence. At the age of seventeen he moved to the city of Toulouse to attend the Institut National des Sciences Appliquées (National Institute of Applied Sciences) At INSA he achieved an Msc in Applied Mathematics before moving to École des Hautes Études Commerciales de Paris (HEC School of Management in Paris), where he achieved an MSc. in International Finance.

A keen swimmer in his youth, Andurand was a member of the French National Junior Swimming Team in 1993 and 1994.

After graduation Andurand was recruited by Goldman Sachs to work as an oil trader at Sachs' commodities trading unit in Singapore.

After Goldman Sachs he joined Bank of America Singapore as a Principal in oil trading. He then joined Vitol in Singapore as a trading manager. Privately owned Vitol is the world’s largest oil trading company, shipping in excess of 200 million tons of crude oil per year. Andurand then moved to London in 2004 and was made a partner. He was rumoured to be one of the most successful traders in the company, earning him a bonus payment of $20 million at the end of one particularly successful year's trading.


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