From Billionaire Trader to “World’s Poorest Man”: The Jerome Kerviel Story

He walks the streets of Paris like any other man. No tattered clothes, no visible signs of hardship. Yet, Jerome Kerviel carries a burden heavier than most – the weight of a financial catastrophe that shook global markets and earned him the title of the “world’s poorest man.”

The Man Behind the Billions

Jerome Kerviel’s story is one of stark contrasts. From a seemingly ordinary background, he rose to become a trader handling billions. But behind this facade of success lay a ticking time bomb of risky bets and hidden losses.

A Catastrophe Unfolds

Kerviel’s actions triggered a financial earthquake, impacting not only his own life but sending shockwaves through Societe Generale, the bank where he worked, and the wider financial world. The losses were staggering, impacting global markets and leaving a trail of unanswered questions.