'''Financier''' (
IPA: /ˌfi nã
n ˈsjei/) is a term for a person who handles large sums of
money, usually involving
money lending, financing
projects, large-scale
investing, or large-scale money management. The term is
French, and derives from ''
finance'' or ''payment''. The term ''financier'' has upscale and haughty connotations, and the
stereotype portrayed by the term is typically of a wealthy and powerful person.
A financier today can be someone who makes their living from
investments, particularly in investing in up and coming
companies and
businesses. A financier makes money through this process when his or her investment is paid back with interest or from a certain percentage of the company awarded to them as specified by the business deal. The word financier also is synonymous with someone who handles money in any form, noted especially for his or her skill in doing so. By today's standards both a
personal accountant and a
stockbroker could then be considered financiers.
Job prerequisites
Officially, there are no degrees or schooling needed to be called a financier as it is a term to describe someone who handles money. Certain financier avenues do require degrees and licenses including
stockbrokers,
public treasurers,
trust fund managers, and
accountants. Investing, on the other hand, has no requirements and is open to all by means of the
stock market or by word of mouth requests for money.
Types of financiers
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Accountants
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Stockbroker
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Treasurer
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Trust fund manager
Notable financiers
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Nathan Mayer Rothschild
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Carl Icahn
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Edward Lampert
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Michael Milken
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J. P. Morgan
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Anthony J. Drexel
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T. Boone Pickens
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Warren Buffett
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Jacob Schiff
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Haym Solomon
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George Soros
See also
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Philanthropy