Jean-Pierre Van Rossem

Politician, Person

1945 –

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Who is Jean-Pierre Van Rossem?

Jean Pierre Van Rossem is a Belgian scholar, socialite and writer.

He studied economics at the University of Gent in 1963-1967. With his final term paper he won the International Scholarship of Flanders-prize and was able to study two years of econometrics at Lawrence Klein. He became famous with 'Moneytron', a stockmarket investment company that could offer apparently endless returns. The Moneytron was supposed to be a super computer able to predict economic fluctuations, and the access to its room was strictly forbidden, behind a closed door in Van Rossem's office. When he was imprisoned, a Belgian TV-team interviewed a cleaning lady about this famous room, she answered it was just the broom closet.

Van Rossem had developed a model that could predict the stock market and beat the capitalist system. His sympathies for the theories of Karl Marx did not stop him investing for the very wealthy in the world and accumulating 800 million dollars for himself. He declares himself an "anarchist".

Due to belief in the Moneytron system and also his sense of show and publicity he made large sums of money. He also traded duplicated stocks, according to him, 'A way to f*ck the system'.

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Born
May 29, 1945
Bruges
Also known as
  • P.A.J. van Rossem
Nationality
  • Belgium
Profession
Education
  • Ghent University
Lived in
  • Bruges

Submitted
on July 23, 2013

Citation

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