Bill Ackman is the founder of Pershing Square Capital Management. He has a net worth of $3.4 billion in 2018.
Bill Ackman is the founder of Pershing Square Capital Management which has a net worth of $3.4 billion in 2018. He was born in 1958 in New York City, New York to Ruth and Morris Ackman who were both professors at Yeshiva University, which is located in Manhattan’s Upper East Side neighborhood.
Who is Bill Ackman? Biography and Early Life
Bill Ackman is an American businessman, investor, hedge fund manager, and philanthropist. He is the CEO of Pershing Square Capital Management.
Bill Ackman was born in 1965 in New York City to parents of Jewish descent. His father worked for a large accounting firm while his mother was a homemaker. He had two siblings-both older than him-and attended the same elementary school as his sister, who would later become a lawyer. Bill was not interested in school initially but he made the most out of it by reading books on mathematics and economics.
Bill Ackman’s Career Highlights
Bill Ackman is a well-known hedge fund manager and the founder and CEO of Pershing Square Capital Management. He is also known for his philanthropic work.
Bill Ackman’s Career Highlights:
In 1986, Bill Ackman founded the investment firm, Pershing Square Capital Management. In 1991, he founded Genesis Financial Services, which became one of the largest independent financial services firms in the U.S. In 1992, he founded the hedge fund company JWM Partners LP with Julian Robertson and David Einhorn. From 2000 to 2006, Bill Ackman served as a partner at Goldman Sachs Group Inc., where he was involved in various financial transactions and investments in small and large-cap stocks and bonds around the world.
Bill Ackman was featured on Forbes magazine in a one-page article titled “Is Bill Ackman’s Value Short?”
Bill Ackman’s Accomplishments and Awards
Bill Ackman is a well-known hedge fund manager who is known for his strong performance. He is the CEO of Pershing Square Holdings, an investment management firm.
Bill Ackman has been awarded the following honors:
1) Forbes 400 – Forbes 400 ranking of the 400 wealthiest people in America in 1996
2) American Business Awards – Outstanding Business Leader Award, 2000
3) Crain’s New York Business All-Stars Award, 2000
4) Bloomberg 50 Most Influential People in Finance – 2007
5) Financial Times Top 100 Most Influential People in the World – 2016
How Much did Bill Ackman Earn from Investments?
Bill Ackman is an American investment manager and hedge fund manager. He co-founded the investment firm, Pershing Square Capital Management LLP in 2002. He is currently the chairman and CEO of Pershing Square Capital Management LLC.
Bill Ackman has made a total of $2.4 billion from investments in ten years and has a net worth of $2.9 billion as of September 2018.
Ackman’s annual income broke down to be $100 million in 2017, $85 million in 2016, $76 million in 2015, $73 million in 2014, $70 million in 2013, and $64 million in 2012.
Bill Ackman Collaborations with Others
Bill Ackman has collaborated with other people before, but never on such a large scale. This collaboration occurred in the form of the hedge fund, Pershing Square’s investment in Chipotle Mexican Grill.
Pershing Square’s investment in Chipotle Mexican Grill has all the traits of a typical Bill Ackman business venture. Bill Ackman is one of the most notorious names in investing. He is known for holding companies accountable to their shareholders through his deep research and rigorous analysis of company prospects.
This time around, he collaborated with another individual, Andrew Moeser to invest in Chipotle Mexican Grill shares. He was not alone however as he had others who contributed to this venture too.
Bill Ackman’s Homes and Cars
Bill Ackman owns a real estate investment company. He is most famous for his hedge fund, Pershing Square. In addition to that, he has a private jet and a fleet of luxury cars.
Bill Ackman is an American businessman and investor who has been one of the most successful investors in recent history. He is known for investing in companies such as Apple, Dell, General Motors, Herbalife, and Wal-Mart among many others.
His net worth is estimated to be $9 billion making him the 18th richest person in America and he is considered to be one of the most powerful people in finance today.
Interesting Facts About Bill Ackman
Bill Ackman is an American businessman, hedge fund manager, and activist. He is the co-founder and managing partner of Pershing Square Capital Management.
Bill Ackman was born in 1961 in Brooklyn with the given name William David Cohen. He changed his name to Bill Ackman after he immigrated to Canada at the age of 1. Bill attended Brookwood School in Surrey, British Columbia before entering high school at Burnaby South Secondary School where he met Bruce Goldowitz who would later become his partner and business partner.
Ackman attended McGill University graduating with a degree in finance and then earned a law degree from New York University’s School of Law studying under Alan Dershowitz and worked for five years as a clerk for the Southern District of New York Court System before founding Pershing Square.
What Can You Learn from Bill Ackman’s Success
Bill Ackman is a successful hedge fund investor and philanthropist who has been at the forefront of the company’s investments in the alcohol, tobacco, and cannabis markets. He is also known for calling out big companies that he feels are operating unethically or worse.
Bill Ackman was born in 1960 into a Jewish family and attended King’s College at Cambridge University. He graduated from Harvard Business School with an MBA and an MSc degree in mathematics before starting his first investment firm, Gotham Partners.
Ackman made his first fortune during the 1990s handling distressed investments after taking over a defunct insurance company called MediCorp. His second fortune came from taking over RJR Nabisco Holdings Jr., which was struggling to compete against its rival, Philip Morris Co.
- Alan Francis Net Worth, Height, Bio, Birthday, Wiki - May 15, 2022
- Varun Pruthi Net Worth, Height, Bio, Birthday, Wiki - May 15, 2022
- RJ Bell Net Worth, Height, Bio, Birthday, Wiki - May 15, 2022