Jean-Pierre Van Rossem


Jean-Pierre Van Rossem was a Belgian stock market guru, economist, econometrician, convicted fraudster, author, philosopher, public figure, politician, and member of the Belgian and Flemish Parliaments.

Life and career

Van Rossem studied economics at the University of Gent in 1963–67. With his final term paper 'De omloopsnelheid van het geld : theoretische begripsbenadering en praktische toepassing in België' he won the International Scholarship of Flanders-prize and was able to study two years of econometrics under Nobel Prize winner Lawrence Klein at the Wharton School of the University of Pennsylvania.

Moneytron

Van Rossem became famous as a stock market guru with 'Moneytron', an investment company that could offer apparently endless returns. His customers included the moneyed of Europe, including the Belgian Royal Family.
Van Rossem also claimed that he had developed a model that could predict the stock market and beat the capitalist system. He invested for the very wealthy and accumulated 860 million dollars for himself. At his most successful, Van Rossem owned a yacht, The Destiny, 108 Ferraris and two Falcon 900 aircraft. Later everything was sold to pay debts. He also printed false shares.
In 1991, he was sentenced to five years in prison for fraud; according to him, it was "a way to fuck the system." In prison, he wrote a personal diary, Gevangenisboek, which was later published.

Formula One

Van Rossem sponsored a Formula One team in 1989, Moneytron Onyx, which placed 10th of the 21 teams. The biggest success he got with his team was 3rd place at the Grand Prix of Portugal with driver Stefan Johansson in 1989.

ROSSEM

In 1991, Van Rossem founded his own libertarian protest party ROSSEM, according to many, to gain political immunity, because of his problems with the Belgian Courts. The name of the party stood for ‘Radicale Omvormers en Sociale Strijders voor een Eerlijker Maatschappij’. Under the slogans ‘Geen gezwijn, stem libertijn’ & 'Geen gezeik iedereen Rijk', ROSSEM got 3.2% of the votes, or 3 seats in the Belgian Federal Parliament in the Parliamentary elections of 24 November 1991. Rossem himself had a seat in the Belgian Chamber of Representatives from November 1991 to May 1995 and the Flemish Parliament from January 1992 to May 1995.

ROSSEM 2

In 2014 he went back to the elections with his party ROSSEM but lost with only 0.3% of the votes for the Belgian Federal Parliament and 0.2% for the Flemish Parliament.

Controversies

Jean-Pierre Van Rossem had cameo roles in the comics series The Adventures of Nero by Marc Sleen, more specifically the albums Nerorock and De Man van Europa. Around the same time he was also featured in his own celebrity comics series, scripted by himself and drawn by Erik Meynen.

Other information