Olivier Sarkozy has connections in high places. His half-brother, Nicolas Sarkozy, is the former president of France, and Sarkozy himself is one of the nation’s most celebrated bankers. Over the years, Sarkozy has served as the lead advisor for a series of banks and conglomerates and has achieved substantial success. Despite his contributions to the banking world, Sarkozy is not a name you would hear often, and given the banker’s preference for privacy, his name doesn’t come up in media. At least, up until 2015, at which point Sarkozy tied the knot with former actor and fashion designer, Mary-Kate Olsen. In this article, we will take a closer look at the wiki-bio of Olivier Sarkozy.
Pierre Olivier Sárközy was born on the 26th of May, 1969, to Pal Sarkozy de Nagy-Bocsa and Christine de Ganay. While his father was a nobleman of Hungarian descent, his mother’s family were natives of France. Sarkozy’s parents divorced when he was 7 and his father remarried an American Diplomat. Following his father’s remarriage, Sarkozy ended up spending most of his early life outside of France, living in Zambia, Egypt, and attending a boarding school in the UK. Following his graduation, Sarkozy enrolled at the University of St Andrews and graduated with a Master’s in Arts in Medieval history.
In 1990, Sarkozy started working for the investment bank Dillon, Read & Co. He stayed with the company for three years before joining Credit Suisse First Boston. Over the years, Sarkozy held several positions including Managing Director in the Financial Institutions Group. During his time at CSFB, Sarkozy advised for the merger with First Union and against a competing hostile proposal from Suntrust, Dime Bancorp in its merger with Washington Mutual, CoreStates Financial in its sale to First Union, and Wells Fargo in its merger with Norwest Corporation and acquisition of First Interstate, and others.
After a 10-year stay with the CSFB, Sarkozy joined UBS Investment Bank and was Global Co-Head of the Financial Institutions Group. While at UBS, Sarkozy worked on a series of high profile transactions including Sallie Mae’s attempt to go private and subsequent recapitalization, ABN Amro’s $21 billion sale of LaSalle Bank to Bank of America, Mellon’s $17 billion merger of equals with the Bank of New York, Charles Schwab’s sale of U.S. Trust to Bank of America, MBNA’s $36 billion sale to Bank of America, Wachovia’s $14 billion acquisition of Southtrust, National Commerce’s $7 billion sale to Suntrust, and Regions Financial’s $6 billion merger of equals with Union Planters.
On the 3rd of March, 2008, Sarkozy was appointed as the Co-head and Managing Director of the Carlyle Group’s Global Financial Services Group. He stayed in the position for 8 years before choosing to resign in May of 2016. Sarkozy is currently a member of the Board of Directors of BankUnited.
Olivier Sarkozy was married to Charlotte Bernard in the 1990s. Bernard, who was then a freelance fashion writer and children’s book author, met Sarkozy during his early career. The pair were married by Sarkozy’s half brother, Nicolas, who then was the mayor of Neuilly-sur-Seine. The pair had two children, Margot and Julien, in their 14-years as a married couple and decided to call things off in 2010.
Following his split from Bernard, Sarkozy began dating Mary Kate Olsen. The pair met in 2012 and started dating after a few months. They eventually tied the knot on the 27th of November, 2015, in a private residence in New York. Olsen filed for divorce from Sarkozy in 2020. While neither of the pair has released an official statement for the divorce, a source close to the pair reported,
“It was simply erosion…growing apart. No cheating or betrayals…sometimes couples just run their course. The plan to move in his family was his way of moving on, and the final straw for Mary-Kate. The moment MK drove out of the driveway in April, Olivier had his mother, kids, and, wait for this, Charlotte, his ex-wife, move in to keep them in a safer place, away from COVID.”