Mother: Nicole Lallouette, a professor of French, Latin and ancient Greek
Marriages: Wilfried Lagarde (1982-1992, divorced); Eachran Gilmour (divorced)
Children: with Wilfried Lagarde: Thomas and Pierre-Henri
Education: University Paris X Nanterre, J.D.; Political Science Institute in Aix en Provence, M.A.
Is an accomplished synchronized swimmer; earned a spot on the French national team while in her teens.
Speaks French, English and Spanish.
1981-2005 - Associate and later partner in the Paris office of the international law firm Baker & McKenzie.
1999-2005 - First female chairman at Baker & McKenzie.
July 2000 - Is appointed Knight of the Legion of Honour.
June 2, 2005-May 15, 2007 - Minister of Foreign Trade.
May 18-June 18, 2007 - Minister of Agriculture, Agribusiness and Forestry.
June 19, 2007-June 28, 2011 -
Is the first woman to serve as the Minister of Finance, Economy and Trade in France
June 28, 2011 -
Is appointed as IMF Managing Director and Madame Chairman of the Executive Board, replacing Dominique Strauss-Kahn.
July 5, 2011 - Begins her five-year term as managing director of the IMF. The IMF discloses that Lagarde will receive an annual salary of $467,940 after taxes and an annual allowance of $83,760 for living expenses.
March 20, 2013 - Lagarde's Paris home is searched as part of an investigation into her role in settling a business dispute while she was finance minister.
August 27, 2014 -
Lagarde announces she has been placed under formal investigation in France for her alleged involvement in a long-running fraud case that stems from 2008 when she was finance minister under former French President Nicolas Sarkozy.
Prosecutors believe that Lagarde was negligent in dealing with a case in which a supporter of Sarkozy -- Bernard Tapie -- was awarded a settlement worth 285 million euros plus interest. Prosecutors believe Lagarde gave Tapie preferential treatment.
December 17, 2015 -
It is announced that Lagarde has been ordered to appear in court over her alleged involvement in the Bernard Tapie fraud case.
July 2016 - Lagarde is appointed to her second five-year term as the Managing Director of the IMF.
July 22, 2016 -
It is decided in a French court that Lagarde must stand trial
over her handling of a long-running fraud case involving the rewarding of 285 million euros plus interest of public funds to French businessman Bernard Tapie.
September 12, 2016 - A French court rejects Lagarde's appeal and sets a December trial date
at a special court that tries ministers for crimes in office.
December 12, 2016 - Lagarde's trial begins
. She will take leave from her job but will still be "working during the evenings and at night with her [IMF] colleagues," a spokesman said.
December 19, 2016 -
Lagarde is found guilty of negligence
but will not be fined or serve any time in jail.
December 4, 2018 -
Forbes ranks Lagarde third on its list of the world's most powerful women
, behind German Chancellor Angela Merkel and UK Prime Minister Theresa May.