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Mark Coombs

From Wikipedia, the free encyclopedia

Mark Coombs
Born
Mark Langhorn Coombs

April 1960 (age 66)
EducationDulwich College
Alma materSt John's College, Cambridge
OccupationsCEO, Ashmore Group
SpouseRebecca Coombs

Mark Langhorn Coombs (born April 1960) is a British billionaire businessman, CEO of the Ashmore Group.[1]

Early life

[edit]

Mark Langhorn Coombs was born in April 1960,[2] and was educated at Dulwich College and St John's College, Cambridge with a degree in law.[3][4]

Career

[edit]

Coombs' first career job was in 1983 in the Latin American department at Grindlays Bank, which was later acquired by the Australia and New Zealand Banking Group.[3] In 1998, he started Ashmore as a new division of the company. In 1999, Coombs led a management buyout, and took Ashmore public in 2006. He later bought the money manager Emerging Market Management.[4] In 2007, he held 42.5% of the Ashmore Group.[3]

In 2019, Coombs disposed of 10 million shares in Ashmore Group, which earned him £43.5 million.[1] According to the Sunday Times Rich List in 2020, Coombs is worth £1.42 billion, a decrease of £88 million from 2019.[5] In February 2026, Mark Coombs was listed on the Sunday Times Tax list with an estimated £19.3 million.[6]

Personal life

[edit]

Coombs is reported to live with his wife Rebecca in Wimbledon, London.[7][4]

References

[edit]
  1. 1 2 Janiaud, Alex (25 June 2020). "Ashmore CEO banks £43.5m in share sale". www.investorschronicle.co.uk. Retrieved 25 August 2020.
  2. "Ashmore Group plc". Companies House. Retrieved 10 August 2015.
  3. 1 2 3 Burgess, Kate (27 February 2007). "Ashmore's reluctant debutante". FT. Retrieved 31 December 2014.
  4. 1 2 3 "Mark Coombs". Forbes. Retrieved 31 December 2014.
  5. Times, The Sunday. "Rich List 2020: profiles 51-100, featuring Bernie Ecclestone". The Times. ISSN 0140-0460. Retrieved 17 July 2020.
  6. Watts, Robert (31 January 2026). "Who are the UK's biggest taxpayers? The 2026 Tax List revealed". www.thetimes.com. Retrieved 3 February 2026.
  7. "Low profile city financier to join dollar billionaire club". ES. 15 September 2006. Retrieved 31 December 2014.