Edward Stern, often known as “Edouard Stern,” was a well-known financier of French fashion and an investor. He had just started dating Julia Lemigova, a well-known figure in the demo scene. She was a designated champion for delectable goods and made headlines when she debuted a line of cosmetics. They started dating right away, and Edward and she were deeply in love. They are said to have initially connected in 1997.
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Edward Stern is among the prominent investors. He was a posh, wealthy investor who was also a great money manager from France. Edward gained more popularity in the media due to his rumored relationship with Julia Lemieux. After their brief relationship, Julia’s initial pregnancy announcement gained greater notoriety.
It was discovered after an investigation that she was seeing other guys besides Edward Stern. Instead, there were three males who were good friends with Julia Lemigova. He ended all contact with her as soon as it became clear that he wasn’t the child’s father. The two were deeply in love with one another and had decided to get married shortly, thus this shocked the public.
Later, there was not much news of Edward, but after five years, the media released the news of his death, which came as a shock as his death was quite brutal. Edward’s body was wrapped in a plastic sheet, and he was tied to a seat in his room. He passed away while engaging in assaulted submission sex with a lady. It is thought that he passed away as a result of sadistic mesofemism and its sexual activities, not from any form of wrath.
The beginning life of Edward Stern
Édouard Stern was a well-known figure who was born in 1954 into one of the wealthiest families in France. Banque Stern, a private investment firm, belonged to his family. Father of Édouard Stern, Antoine Jean Stern, came from a wealthy Frankfurt banking family that dates back to the 19th century. His mother, Christiane Laroche, was the former spouse of Jean-Jacques Servan-Schreiber, a French journalist.
Stern grew up in a family of investors in the financial sector. Eventually, he continued his education at the Ecole Supérieure des Sciences Economiques et Commerciales. He received his business degree from a reputable business school in Paris, majoring in finance. Later in 1977, he joined the private investment house of his family.
His death was a result of his illegal lifestyle, which served as a lesson to many. This financial specialist was seen walking on the streets of different European cities many times. He had a long career in which he made several excellent business deals. His banking approach was well-liked and marked a fundamental shift in snug capitalism in France.
Career Journey of Edward Stern that says it all
Stern, who had always been ambitious, made the decision to join the family company when he was just a little boy. He took over the nearly bankrupt Banque Stern with the goal of bringing the business back to life. In the 1980s, Stern was successful in modernizing the bank. Stern interest in the financial industry grew. Later in 1985, he sold the bank to Lebanese investors for 300 million francs. The primary clause in the agreement allowed Stern to retain ownership of his last name in the bank. Even yet, Stern participated in mergers and acquisitions that placed him among the top financial CEOs.
After the successful sale, Stern opened another bank with the same business profile of the same name. It caught the attention of his previous clientele. In 1988, he traded this bank for an estimated 1.75 billion Swiss francs and sold it to Swiss Bank Corporation. Later, UBS and Swiss Bank Corporation combined to establish UBS S.A. Stern now has a solid reputation among affluent French families thanks to the combination. He was listed as the 38th richest family in France by Forbes.
Edward Stern did not stop there and joined Lazard Frères as a managing partner. After this partnership, he became the heir apparent and a star banker. Edward left Lazard Frères after he disagreed with Michel David-Weill, to set up his firm, Investment Real Returns. He even purchased shares in an international engineering group, Delta PLC. However, post his death, Valmont, a US company, purchased his Delta shares.
|Died||28 February 2005 (aged 50)|
|Alma mater||ESSEC Business School|
|Notable work||Bank Stern|
|Spouse||Béatrice David-Weill (divorced)|
|Relatives||Michel David-Weill (father-in-law)|
The life that Edward Stern lived
Edward Stern married Béatrice David-Weill in 1983. She was Michel David-Weill’s daughter. Sadly, their marriage did not last, and they decided to part ways in 1998.Louis, Mathilde, and Henri are the names of his three children. Later, his connection with Julia Lemigova, Miss USSR in 1990, attracted media notice. Even a child by the name of Maximillion was born to them. He became involved with Cecile Brossard later in 2000.
Edward Stern Death
Stern may have had a successful career, but his death was more shocking. Stern was found dead in his Geneva apartment. He was in a head-to-toe latex bodysuit of flesh color. He had a dildo inserted. Taki Theodoracopulos, a popular society columnist, reported that Stern was bisexual and had many girlfriends. His longtime lover, Cécile Brossard, was arrested for his death because of their sadomasochistic bondage session. Brossard received an eight-year and six months sentence. The court also ordered him to pay Stern’s kid one Swiss franc as moral damage.
After serving five years of her sentence, Cécile Brossard was released on parole in 2010. Later, when she admitted to regretting her deed, he also talked about the murder since the trial. She recalled Stern as having a positive, kind attitude.
Edward Stern’s real-life inspiration for Reel stories
Edward Stern’s sad demise led to the release of the French movie Une Histoire d’Amour. Even if the finale included a narrative with a different structure from his actual life, the plot was nonetheless strongly related to the events after his death. His story inspired Olivier Assayas’ 2008 film, The Boarding Gate. You can also see the FX animated series Archer, where an episode from the third season makes fun of his passing.
The earning of Edward Stern
Edward Stern reportedly had approximately $1 billion in total assets from his side enterprises and career in finance, according to research on his net worth. He also contributed to the earnings from other investments made by the former company.
Edward Stern has a reputation for living an odd life. He received media attention because of his prior association with Nicolas Sarkozy, the president of France. He had, however, already achieved important strides in the finance industry. Edward enjoyed eating and could eat sixty pieces of sushi in one sitting.