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William Albert Ackman (born May 11, 1966) is an American billionaire hedge fund manager, who is the founder and chief executive officer of Pershing Square Capital Management, a hedge fund management company. [6] His investment approach has made him an activist investor.
1 day ago · William Ackman is a hedge fund manager and founder of Pershing Square Capital Management, with $9.3 billion net worth as of July 2024. He is known for his short of MBIA, his rescue of General Growth, and his outspoken views on various topics.
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Apr 28, 2024 · Bill Ackman, the billionaire investor and founder of Pershing Square, has concentrated his hedge fund in just eight to 12 companies. Learn about his bets on Chipotle, Hilton, Restaurant Brands, Alphabet, and more.
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Apr 16, 2024 · Bill Ackman is a Harvard-trained hedge fund manager who has over $4 billion in wealth. He survived a hostile takeover attempt by Elliott Investment Management with the help of JPMorgan, which loaned him $300 million in a handshake deal.
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- What Is Bill Ackman's Net Worth?
- Early Life and Education
- Gotham Partners
- Pershing Square Capital Management
- Herbalife Gamble
- Pershing Square Tontine Holdings
- Philanthropy
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Bill Ackman is an American hedge fund manager and philanthropist who has a net worth of $8 billion. Also known as William Ackman, he earned his fortune as the founder and CEO of Pershing Square Capital Management LP. Through Pershing, bill has launched a number of high-profile activist campaignsagainst companies including Wendy's and, most notoriou...
William Ackman was born on May 11, 1966 in Chappaqua, New York to Lawrence, the former chairman of the real estate financing firm Ackman-Ziff Real Estate Group, and Ronnie. He is of Jewish ancestry. For his higher education, Ackman went to Harvard College, graduating magna cum laude with a degree in social studies in 1988. He went on to attend Harv...
After college, Ackman co-founded the investment firm Gotham Partners with his fellow Harvard alum David P. Berkowitz. The firm soon gained interest from investors, and by the late 90s had amassed $500 million in assets under management. However, by 2002, Gotham had become ensnared in litigation with a variety of external shareholders who owned an i...
Using over $50 million of his personal funds, Ackman founded the hedge fund management company Pershing Square Capital Management in 2004. The company went on to become very successful, reaching a lifetime gain of $11.6 billion by 2014. Pershing has bought significant shares in such companies as Wendy's, Target, General Growth Properties, JCPenney,...
In late 2012, Ackman released a report criticizing the nutrition marketing corporation Herbalife for its business model, which he claimed was a pyramid scheme. As a result, Pershing sold $1 billion short the company's shares, causing the stock price of Herbalife to fall. In 2014, Ackman spent $50 million on an activist campaign against Herbalife wi...
In 2020, Ackman took his blank check company Pershing Square Tontine Holdings public at a value of $4 billion; it was the largest SPAC to IPO in history. The company features a Tontine structure that involves the incentivization of shareholders to hold their shares through merger once an acquisition target is found.
Beyond his business investments and financial management activities, Ackman has been substantially involved in philanthropic endeavors. He donated nearly $7 million to the Center for Jewish History, one of the largest individual gifts ever contributed to that institution. Ackman has also made numerous donations through his Pershing Square Foundatio...
Bill Ackman married his first wife, landscape architect Karen Herskovitz, in 1994. They had three children together, and eventually divorced in 2018. Early the following year, Ackman married designer and MIT professor Neri Oxman, with whom he has a child.
In 2011 Bill paid $22 million for a waterfront estate in the Hamptons hamlet of Bridgehampton. In 2015 they paid $23.5 million for a nearby six-acre property. In 2015 Bill paid $91.5 million for penthouse at NYC's One57 building, located at 157 W 57th street. In 2018 Bill paid $22.5 million for the 13-room penthouse at the NYC building 6-16 West 77...
Bill Ackman is an American hedge fund manager and philanthropist who has a net worth of $8 billion as of June 2023. He is the founder and CEO of Pershing Square Capital Management, which has launched activist campaigns against companies like Herbalife and Netflix.
Jun 22, 2024 · Learn how Bill Ackman made his fortune with Pershing Square Capital Management, a hedge fund that invests in large-cap value stocks and strategic hedges. Find out his net worth, portfolio, career highlights, and personal details.
May 31, 2024 · Ackman is believed to own nearly half of Pershing Square, and his net worth is valued at $4.3 billion, according to Forbes. The current Pershing funding round will boost this by more than $4...
