Philippe Junot (born 19 April 1940) is a French

venture capitalist Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which ha ...

and

property developer Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others. R ...

, who was the first husband of Princess Caroline of Monaco. He has business interests in Paris, Spain and

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Background and family

Junot is the son of Michel Junot, Deputy

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of Paris, former President of Maison de l'Europe, and Lydia Thykjær, the daughter of a Danish industrialist. His father worked as a politician for several years, including working with president John F Kennedy. Philippe is also a descendant of the Duke of Abrantes, General

Jean-Andoche Junot Jean-Andoche Junot, 1st Duke of Abrantes (24 September 1771 – 29 July 1813) was a French military officer during the French Revolutionary Wars and the Napoleonic Wars. Biography Early life Junot was born in Bussy-le-Grand, Côte-d'Or, son ...

who led Napoleon’s troops into Portugal. The family name figures on the Arc de Triomphe in Paris.

Education and career

Junot started his career in the

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(he was an early investor in the

Jack in the Box Jack in the Box is an American fast-food restaurant chain founded February 21, 1951, by Robert O. Peterson (1916–1994) in San Diego, California, where it is headquartered. The chain has over 2,200 locations, primarily serving the West Coast ...

fast-food hamburger chain), and then formed a series of small start up companies in France, ranging from real estate to renewable energy. Junot is one of the founders of Access International Advisors Group (AIA Group), a

hedge fund A hedge fund is a pooled investment fund that trades in relatively liquid assets and is able to make extensive use of more complex trading, portfolio-construction, and risk management techniques in an attempt to improve performance, such as ...

platform. He was among the large number of investors to be duped by

Bernard Madoff Bernard Lawrence Madoff ( ; April 29, 1938April 14, 2021) was an American fraudster and financier who was the admitted mastermind of the largest Ponzi scheme in history, worth about $64.8 billion. He was at one time chairman of the NASDAQ ...

Ponzi scheme A Ponzi scheme (, ) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors. Named after Italian businessman Charles Ponzi, the scheme leads victims to believe that profits are comin ...

which collapsed in late 2008.

Marriages and children

Monaco Monaco (; ), officially the Principality of Monaco (french: Principauté de Monaco; Ligurian: ; oc, Principat de Mónegue), is a sovereign city-state and microstate on the French Riviera a few kilometres west of the Italian region of Lig ...

, he married civilly on 28 June 1978, and religiously on 29 June, Princess Caroline, eldest daughter of Rainier III, Prince of Monaco, and former

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icon

Grace Kelly Grace Patricia Kelly (November 12, 1929 – September 14, 1982) was an American actress who, after starring in several significant films in the early to mid-1950s, became Princess of Monaco by marrying Prince Rainier III in April 1956. Kelly ...

. The couple were divorced on 9 October 1980. He married Nina Wendelboe-Larsen in October 1987, and they have three children: Victoria, Isabelle and Alexis. They separated in 1997. In 2005 Philippe Junot had a daughter in Paris named Chloé Junot Wendel with Swedish model Helén Wendel.

References

{{DEFAULTSORT:Junot, Philippe 1940 births Living people Businesspeople from Paris Venture capitalists French people of Danish descent