Bill Ackman

Quick Facts

Full Name	Bill Ackman
Date Of Birth	May 11, 1966(1966-05-11)
Age	58
Birthplace	New York
Country	United States
Horoscope	Taurus

Bill Ackman Biography

Bill Ackman is one of the most popular and richest Investor who was born on May 11, 1966 in New York, United States.

In 1988, he received a bachelor of arts degree magna cum laude in the Committee on Degrees in Social Studies from Harvard College. His thesis was “Scaling the Ivy Wall: the Jewish and Asian American Experience in Harvard Admissions.” In 1992, he received an MBA from Harvard Business School.

In 1992, Ackman founded the investment firm Gotham Partners with fellow Harvard graduate David P. Berkowitz. The firm made small investments in public companies. In 1995, Ackman partnered with the insurance and real estate firm Leucadia National to bid for Rockefeller Center. Although they did not win the deal, the bid generated increased interest in Gotham from investors, which led to $500 million in assets by 1998. By 2002, Gotham had become entrenched in litigation with various outside shareholders who also owned an interest in the companies in which Gotham invested.

William Albert Ackman (born May 11, 1966) is an American investor and hedge fund manager. He is the founder and CEO of Pershing Square Capital Management, a hedge fund management company. Ackman is considered by some to be a contrarian investor but considers himself an activist investor.

Bill Ackman Net Worth

Net Worth: Bill Ackman has accrued a net worth of $1.5 billion as of 2020, a wealth amassed primarily from his work in investment. His assets comprise of personal investments, shares in various companies, and returns from his hedge fund management company, Pershing Square Capital Management. In comparison to the industry average, Ackman’s wealth situates him amongst the top tier hedge fund managers, along with Ray Dalio and Jim Simons, showcasing his professional success.

Career and Financial Growth: Ackman’s career began with the establishment of his investment firm, Gotham Partners. His success skyrocketed with Pershing Square Capital Management, delivering outstanding returns to its investors. He made significant profit from the controversial short-selling of MBIA’s bonds during the 2007-2008 financial crisis, further expanding his wealth. Ackman’s investment in J.C. Penney, Valeant Pharmaceuticals, and Chipotle Mexican Grill have notably proven successful despite their contentious nature.

Source of net worth: Primarily, Ackman’s substantial net worth emanates from his influential role as an investor. His wealth was initially established from returns on investments made by his hedge fund, Pershing Square Capital, and his personal investments in multiple businesses. Notably, his work as an activist investor, making significant investments and influencing company policies, significantly contributes to his wealth accumulation.

Personal Projects and Ventures: In addition to his professional career in investment, Ackman actively engages in philanthropy through the Pershing Square Foundation, which he founded. He is also a recurrent financial contributor to several charities, demonstrating his commitment to philanthropy.

Philanthropy: Ackman is a signatory of The Giving Pledge, evidencing his commitment to donate at least half of his fortune to charitable causes. Through the Pershing Square Foundation, he has made contributions to various sectors, including education, healthcare, human rights and urban development.

Recent Developments: Recently, Ackman has been involved in a high-profile hedge against the market crash due to COVID-19. This strategic move led to a profit of $2.6 billion, significantly boosting his wealth. However, the continuous economic instability may impact his future net worth, potentially leading to a change in his investment strategies.

Height, Weight & Body Measurements

Bill Ackman height Not available right now. Bill weight Not Known & body measurements will update soon.

Who is Bill Ackman Dating?

According to our records, Bill Ackman married to Neri Oxman , Karen Ann Herskovitz. As of January 13, 2024, Bill Ackman’s is not dating anyone.

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

In 2006, Ackman, and then wife Karen, founded the Pershing Square Foundation to support innovation in economic development, education, healthcare, human rights, arts and urban development. The foundation is a major donor to Planned Parenthood. Since its inception, the foundation has committed more than $400 million in grants since 2006. In 2011, the Ackmans were on The Chronicle of Philanthropy’s “Philanthropy 50” list of the most generous donors.

Facts & Trivia

Bill Ranked on the list of most popular Investor. Also ranked in the elit list of famous people born in United States. Bill Ackman celebrates birthday on May 11 of every year.

In December 2007, his funds owned a 10% stake in Target Corporation, valued at $4.2 billion through the purchase of stock and derivatives.

Did Ackman sell Netflix?

Hedge Fund Manager Bill Ackman Sells Entire Netflix Stake , Taking $400 Million Loss.

Does Bill Ackman have a book?

Confidence Game: How Hedge Fund Manager Bill Ackman Called Wall Street’s Bluff : Richard, Christine S.: 9781118010419: Books.

What does Pershing Square do?

Pershing Square Capital Management is an American hedge fund management company founded and run by Bill Ackman, located at 787 11th Avenue in New York.

How do you buy Pershing Square Holdings?

1. Choose a platform. …
2. Open your account. …
3. Confirm your payment details. …
4. Search the platform for stock code: PSH in this case.
5. Research Pershing Square Holdings shares. …
6. Buy your Pershing Square Holdings shares.

How much did Ackman lose on Netflix?

Billionaire investor William Ackman liquidated a $1.1 billion bet on Netflix on Wednesday, locking in a loss of more than $400 million as the streaming service’s stock plunged following news that it lost subscribers for the first time in a decade.