Philipp Hildebrand

Quick Facts

Full Name	Philipp Hildebrand
Occupation	Banker
Date Of Birth	Jul 19, 1963(1963-07-19)
Age	61
Birthplace	Bern
Country	Switzerland
Birth City	Bern
Horoscope	Cancer

Philipp Hildebrand Biography

Philipp Hildebrand is one of the most popular and richest Banker who was born on July 19, 1963 in Bern, Bern, Switzerland. Philipp Michael Hildebrand (born 19 July 1963) is a Swiss banker. He was head of the Swiss central bank, the Swiss National Bank (SNB) from 2010 until he resigned on 9 January 2012 after controversy surrounding his wife’s currency trading.

Prior to his resignation from the SNB, he was a member of the board of directors of the Bank for International Settlements in Basel, as well as vice- chairman of the Financial Stability Board. Since 2008, he has been a member of the Group of Thirty.

In August, 2011, Hildebrand’s wife Kashya made a CHF 60,000 ($64,400) profit on a currency transaction. At the time, Philipp Hildebrand reported the transaction to the SNB and moved to prevent future such trades with Bank Sarasin. His wife asserted her independent finance and banking experience as the basis for the “almost ridiculously cheap” trade. In January, 2012, Hildebrand denied accusations of insider trading in relation to the transaction, resisted calls for his resignation and called the coverage “a smear campaign”.

Hildebrand is considered a driving force behind the pegging of the Swiss Franc to the Euro announced on 6 September 2011. The central bank commits to undertake transactions to cap the value of the franc against the euro at a maximum of 1.20. In early August, the euro fell to near parity, at 1.00749, against the franc. After initial cautious reactions by analysts, the decision of the Swiss National Bank to aim to keep the Swiss Franc: Euro rate above 1.20 is considered to have been a success.

He worked at Moore Capital Management, a hedge fund in New York and London, where he met his wife. He then worked as head of hedge funds for Geneva-based Union Bancaire Privée before he joined the SNB. Hildebrand was said to be the “youngest ever policy maker” when he joined the SNB in 2003.

Philipp Hildebrand Net Worth

Philipp Hildebrand is one of the richest Banker from Switzerland. According to our analysis, Wikipedia, Forbes & Business Insider, Philipp Hildebrand 's net worth $5 Million. (Last Update: December 11, 2023)

Hildebrand was a member of the Swiss national swimming team in the 1980s, and he was Swiss national champion in 1983 and 1984.

Hildebrand attended the University of Toronto, Oxford University, and the Graduate Institute of International Studies in Geneva. He was part of a group of students that helped out during the Annual Meetings of the World Economic Forum in Davos, Switzerland. There, he met leading international government officials and bankers, and in 1994 he began his professional career at WEF.

In January, 2010, the Swiss Federal Council had appointed him to the positions of chairman of the governing board of the central bank of the SNB in Zurich. He had been a member of the central bank’s governing board since 2003. He currently serves as a vice chairman of BlackRock.

Height, Weight & Body Measurements

Philipp Hildebrand height Not available right now. Philipp weight Not Known & body measurements will update soon.

Who is Philipp Hildebrand Dating?

According to our records, Philipp Hildebrand is possibily single & has not been previously engaged. As of December 1, 2023, Philipp Hildebrand’s is not dating anyone.

Relationships Record : We have no records of past relationships for Philipp Hildebrand. You may help us to build the dating records for Philipp Hildebrand!

His partner is Margarita Louis-Dreyfus, the Russian-born Swiss billionaire businesswoman, chairman of Louis Dreyfus and the owner of Olympique de Marseille football team. On 4 January 2016, it was announced that she is pregnant with twin girls, and is due to give birth in early April. Isabella and Arina were born on 20 March 2016.

Facts & Trivia

Philipp Ranked on the list of most popular Banker. Also ranked in the elit list of famous people born in Switzerland. Philipp Hildebrand celebrates birthday on July 19 of every year.

Hildebrand was attacked after losses arising from SNB’s exchange rate interventions between March 2009 and June 2010. In this period, the SNB accumulated foreign currency reserves worth over 200 billion Swiss francs (Codes: CHF, SFr). As the Swiss franc has appreciated, the interventions caused losses on SNB foreign currency positions equivalent to 26.5 billion Swiss francs in 2010 and 11.7 billion Swiss francs in the first six months of

2011. The SNB has defended these interventions as they made “sense at the zero lower bound when the traditional monetary policy instrument is exhausted”. Some international press and financial market analysts considered the interventions a “costly failure”.