Meet the 10 richest people in finance, which includes hedge fund stars and reclusive investment moguls – Finance

Forbes magazine just came out with his list of top billionaires in the US.

We narrowed down the list to look at the most successful people in finance, including investment, trading, hedge funds, and money management.

Read on to see the 10 richest people in finance.

10. Philip Anshutz


10. Philip Anshutz
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10. Philip Anshutz

(AP)

Net Value: $ 11.3 billion USA

Age: 78

A country: US

Industry: Diversified investment

Source of wealth: Handmade

The final billionaire Philippe Anshutz built a fortune on oil, railways, real estate, sports and entertainment.

Anschutz also owns the NHL king team and part of the Lakers basketball team.

He is trying to build the world's largest wind power plant in Wyoming.

9. David Tepper


David Tepper
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David Tepper

(Reuters)

Net Value: 11.6 billion dollars. USA

Age: 61

A country: United States

Industry: Hedge funds

Source of wealth: Handmade; Appaloosa Management

In 1993, Tepper founded his hedge fund Appaloosa Management and now manages $ 15 billion.

Tepper bought the professional Carolina Panthers NFL football team for 2.3 billion dollars earlier this year.

In September, Tepper said his firm had cut its US stock holdings.

“If you ask me what we are involved in, I think this is a late game,” said Tepper, who manages $ 14 billion in assets. told CNBC nine-year bull market in stocks.

Appaloosa in may said he sold his entire stake in Apple, which previously accounted for more than 7% of its portfolio.

The foundation also insists on changing in the pharmaceutical company Allergan.

8. Steve Cohen


8. Steve Cohen
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8. Steve Cohen

(Point72)

Net Value: 13 billion dollars

Age: 62

A country: US

Industry: Hedge funds

Source of wealth: Handmade; Asset Management Point72

Steve Cohen has run SAC Capital for many years, one of the most successful hedge funds. Cohen was forced to close the SAC after the firm pleaded guilty to insider trading charges. is he Point72 Asset Management launched and began accepting foreign capital in 2018 after he had previously worked as a family office. Now he manages 13 billion dollars.

Earlier this year, female employee Lauren Bonner filed a lawsuit that alleges widespread gender discrimination in the fund, including discrepancies in total pay between men and women for the same job. Doug Haynes, the former president of the firm and former executive director of McKinsey, who was named in the lawsuit, soon left. Bonner’s lawsuit was dismissed in federal court last week and will now be considered.

7. Steve Schwartzman


Founder and CEO of Blackstone Stephen Schwartzman
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Founder and CEO of Blackstone Stephen Schwartzman

(REUTERS / Brendan McDermid)

Net Value: $ 13.8 billion USA

Age: 71

A country: US

Industry: Attachments

Source of wealth: Handmade; Blackstone band

Stephen Schwartzman, son of a dry goods store owner, founded Blackstone in 1985 with Pete Peterson. Currently, the world's largest private investment company, Blackstone, manages assets of $ 439 billion.

Schwartzman took home $ 786 million last year, making it a highly paid direct investment manager.

In the past few years, Schwartzman has taken the back seat in everyday decisions at Blackstone, but he still remains noticeable in fundraising.

Earlier this year, Blackstone raised real estate firm Jonathan Gray as president and chief operating officer, who paved the way for him to replace Schwartzman as CEO.

6. Karl Icahn


6. Karl Icahn
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6. Karl Icahn

(REUTERS / Jeff Zelevansky)

Net Value: $ 16.3 billion USA

Age: 82

A country: US

Industry: Attachments

Source of wealth: Handmade; Icahn enterprises

Karl Icahn made a lifelong habit and lucrative career because of the rush of undervalued and poorly managed companies to change their ways. Since the founding of its own investment firm in 1968, Icahn has become one of most influential people in financeby investing in a variety of high-profile companies, including RJR Nabisco, Philips Petroleum, Viacom, Marvel, Time Warner, Netflix and Herbalife.

Currently, Icahn Enterprises has assets under management of about $ 8 billion.

In August, Ikan canceled its position on the purchase of the insurance company Cigna in the United States of the pharmaceutical subscription company Express Scripts.

Icahn said he has no plans to move away from harassment of corporate executives. is he was President Trump's special adviser on regulation until his resignation in August 2017.

5. Abigail Johnson


5. Abigail Johnson
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5. Abigail Johnson

(REUTERS / Brian Snyder)

Net Value: 17.3 billion dollars. USA

Age: 65

A country: US

Industry: Money management

Source of wealth: Inherited; Fidelity Investments

Abigail Johnson has been the CEO of the giant Fidelity Investments fund since 2014, when she took responsibility with his father Ned Johnson III.

Her grandfather – the company in 1946.

Johnson owns about 24.5% of the shares of a company that manages $ 2.5 trillion.

Johnson, the first woman who runs Fidelity, is known for being very private. Earlier this year, she made a rare speech trying to eliminate inappropriate workplace behavior, such as sexual harassment in Fidelity.

She also publicly advocated the use of bitcoin.

4. Ray Dalio


4. Ray Dalio
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4. Ray Dalio

(Thos Robinson / Getty Images)

Net Value: 18.1 billion dollars. USA

Age: 69

A country: US

Industry: Hedge funds

Source of wealth: Handmade; Bridgewater Community

Ray Daliohedge fund bridgewater associates, is the world's largest portfolio manager about $ 160 billion in global investment,

At the top of his industry and amassed a huge fortune, Dalio recently focused on the distribution of money and advice. He was taken Promisepledging to donate most of his wealth to charity. He also stared at his very coveted “investment secrets”, albeit in an unorthodox manner for the advocate, 30 minute youtube video, Its 123-page, self-published leadership according to its principles of capital management and leadership, it is also seen as something like a bible among the investment world.

Dalio has always taken a radical approach to management, doing everything he and his foundation do. completely transparent for staff. And it worked well for him: Bridgwater, sometimes seen as “cult”, is one of the most desirable places to work in the financial industry. Dalio said that he attributes his success, in particular, to remind himself that history repeats itself and keeps track of the decisions he made that did not work.

To make sure Bridgewater runs without him, he recently stepped back from his leadership staying active in an investment strategy.

Recently Dalio sat down with CEO of Business Insider Henry Blodget discuss his new book, which destroys the anatomy of credit crises throughout history.

3. James Simons


3. James Simons
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3. James Simons

(AP Images)

Net Value: 20 billion dollars

Age: 80

A country: US

Industry: Hedge funds

Source of wealth: Handmade; Renaissance Technology

Before revolutionizing the hedge fund industry with a math-based approach, Quant King James Symons worked as a code switch for the US Department of Defense during the Vietnam War, but was fired after criticizing the war in the press. He headed the department of mathematics at Stony Brook University for a decade, until he left in 1978 to start a trading company with a quantitative assessment. This firm, now called Renaissance Technologies, has more than $ 57 billion of assets under management among its many foundations.

He gave away more than 2.7 billion dollars during his lifetime.

2. Thomas Peterfi


2. Thomas Peterfi
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2. Thomas Peterfi

(Lucas Jackson / Reuters)

Net Value: $ 20.2 billion USA

Age: 74

A country: United States

Industry: Brokerage discount

Source of wealth: Handmade; Based online brokers

Thomas Peterfi, who is often considered the father of modern trading, founded the trading company Interactive Brokers in 1993. He took over the company in 2007, but still owns a majority.

In 1965, Peterfiri immigrated to the USA from Hungary without money and did not speak English. He began working as a software developer, and then bought a spot on the American Stock Exchange for options to sell in the 1970s. He built a laptop computer and used it to trade on the floor of the exchange, the first time it was done.

He is also known for his steadfast opposition to socialism. He conducted a series of television announcements during the 2012 election cycle. warning of the dangers of the distribution of wealth. Peterfi also spoke publicly about his support for President Donald Trump.

1. Warren Buffett


1. Warren Buffett
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1. Warren Buffett

(Steve Paup / Getty Images)

Net Value: $ 88.3 billion USA

Age: 88

A country: US

Industry: Diversified investment

Source of wealth: Handmade; Berkshire hathaway

Berkshire Hathaway CEO Warren buffett started his amazing investment career at a young age. As a child, he delivered newspapers to his bike, and on 11 Nebraska's premature native bought his first stock market shares – Cities Service Preferred for $ 38 apiece – and sold them for a profit of $ 5. He was abandoned harvard business school, so Buffett went to Columbia Business School instead and found out under the iconic investor of value Benjamin Graham, who will become a mentor to a novice financier. Buffett worked as a securities analyst in the early 1950s, before starting his own investment firm. He bought the Berkshire Hathaway textile company in 1969, turning it into a holding company that would house many lucrative investments that would help build his great fortune and get the nickname “Oracle Omaha”.

The array of portfolio companies and the investments that made him rich may seem random – he has relied on companies, including Coca-Cola, American Express, Geico, Fruit of the Loom, Dairy Queen and General Motors, but they all generate cash long term value.

Humble man with love junk foodPerhaps the most impressive piece of the wealth of Buffett, worth $ 88 billion, is that it does not include the $ 31.5 billion that he has already given. He is friends with Microsoft’s co-founder Bill Gates, whom he collaborated with create a promise to make a promise that billionaires donate at least half of their wealth to charity. He said he gives 99% of his wealth.

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