Bernard Cornfeld

Financier Playboy
Born Aug 17, 1927

Bernard "Bernie" Cornfeld was a prominent businessman and international financier who sold investments in US mutual funds, and was tried and acquitted for orchestrating one of the most lucrative confidence games of his era.

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News + Updates

Browse recent news and stories about Bernard Cornfeld.

  • Economy &Amp; Business; Corruption, Crime, Chicanery: Business Through The Ages
    NYTimes - Dec 16, 2002
  • Off The Shelf; An Old School Mind Not Fooled By The New Economy
    NYTimes - Oct 06, 2002
  • Film;Smile When You Say Documentary
    NYTimes - Jun 02, 1996
  • And They're Off: Manager Races Index Fund
    NYTimes - May 28, 1995


Learn about the memorable moments in the evolution of Bernard Cornfeld.


1927 Birth Born on August 17, 1927.


1955 27 Years Old In 1955, he left New York for Paris and started his own company selling mutual funds, using his savings of a mere few hundred dollars. … Read More


1962 34 Years Old In 1962, IOS launched its "Fund of Funds," which meant investment in shares of other mutual funds, including some other IOS vehicles. … Read More


…  The domicile (but not the offices) of IOS was switched to Canada, and the public offering took place there in the summer of 1969. … Read More
1973 45 Years Old Consequently, he was charged with fraud in 1973 by the Swiss authorities. … Read More
1976 48 Years Old …  In 1976 he married a former Christian Dior cosmetics model and cover girl Lorraine Dillon Armbruster at his Beverly Hills mansion Grayhall. … Read More


1979 51 Years Old His trial did not take place until 1979 and lasted three weeks, with Judge Pierre Fournier finally acquitting Cornfeld.


1995 68 Years Old Bernard Cornfeld suffered a stroke and died of MRSA on February 27, 1995 in London, England.
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