Andrew Formica Net Worth 2022 (June) Essential Details

Why is Andrew Formica all over the news? Who is he? What is Andrew Formica Net Worth 2022? Find answers to your questions in this article.

Did you read about the resignation of Andrew Formica? The entire Internet has taken over a spur after this shocking announcement from Andrew Formica. What is the truth behind it? When will he resign? There are many questions that our readers want to be answered.  

Many of you may not know about him, so whether you are from the United StatesCanada, or the United Kingdom, you will find all the details regarding Andrew Formica in this article, including Andrew Formica Net Worth 2022.

So, let us begin!  

Andrew Formica 2022 Net Worth

Andrew Formica is the well-known CEO and Director of the Jupiter Fund Management company. However, he recently announced his resignation and retirement without proper explanation.

The Internet is talking about him, and people are asking more and more questions about his personal life, salary, and net worth.

There is no official source claiming the net worth or salary of Andrew Formica; however, there are some estimates available online. As per some sites, Andrew Formica’s Net Worth in 2022 is $25 million approximately.

Andrew Formica Salary, Wife: Biography

Andrew Formica has managed to keep his life private and hidden. However, little information is available online about Formica.

He earned his Master’s Degree in Economics in 1993 from Macquarie University and an MBA in 2001 from London Business School. He is 51 years old, has been in the fund management industry since 1993, and has held several senior roles at various organizations.

Before taking the role of CEO and Director at Jupiter Fund Management, he was the Director at Henderson Group Plc.

Formica is married and has 4 children, but Andrew Formica Wife is still unknown. There is no name or any other related information available online.

And as far as his salary is concerned, he receives a GBX1,322,000 salary from Jupiter Fund Management.

About Jupiter Fund Management:

It is a UK-based fund management group with Andrew Formica as the CEO and Nichola Pease as the chairman. This group handles equity and bond investments for institutional and private investors.

They manage assets across UK-based and international mutual funds, institutional mandates, and investment companies. It was founded in 1985 and is headquartered in London, UK. The company is a constituent of the FTSE 250 Index and is listed on the London Stock Exchange. Now that you have learned about Andrew Formica Net Worth 2022, let us discover all the hype about it.

Latest news and update on Andrew Formica:

On 28 June 2022, Andrew Formica, the current CEO and Director of the UK-based Jupiter Fund Management group, announced his resignation from his post.

It is reported that he will leave the position on 1 October 2022 and will also resign as the Director. He will be succeeded by the now-CIO, Matthew Beesley.

Andrew Formica has stated that he has no further plans for the moment and wants to sit by the beach and do nothing.

Final Words:

People are searching for Andrew Formica Net Worth 2022, and we hope that you have now received your answer for the same. You can learn more about the Jupiter Fund Management here  

Please share your further queries and doubts in the comment section!

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