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Bruce S. Sherman (born May 1948) is an American businessman and co-founder of the wealth-management firm Private Capital Management [1] and the chairman and majority owner of the Miami Marlins of Major League Baseball.
Jun 19, 2020 · Current MLB-designated control person: Bruce Sherman AGE Source of wealth: Although Derek Jeter is the front-facing member of the ownership group, Sherman is the money man.
- Sherman’s Firm Was One of The Biggest Losers When Bear Stearns Collapsed
- Sherman Has Two Daughters Were Diagnosed with Crohn’s Disease
- Sherman’s Wife Cynthia Is A Retired Lawyer
In March 2009, Sherman retiredfrom Private Capital Management, the firm he co-founded, after 23 years. Its parent company is Legg Mason Inc. When Sherman retired, the firm wasn’t in good shape. As Naples News notes, the firm was once the biggest independent money management firm in the Southeast. But by the end of 2008, its assets shrunk to $2.4 bi...
Sherman has two daughters, who were both diagnosed with Crohn’s Disease. Sherman’s late father also fought the disease, which has no cure. With that in mind, the couple established the Sherman Prize, which honors researchers of Crohn’s and colitis, in 2016. “Fortunately, both daughters were able to access excellent medical care, allowing them to li...
Sherman’s wife Cynthia is a retired lawyer. She was a partner at Rogers & Wells before it merged with Clifford Chance. According to their New York Times wedding announcement, Sherman and Cynthia married in July 1999. She is a graduate of Queens College and earned her law degree from Georgetown University. Sherman graduated from the University of Rh...
Feb 28, 2022 · Chairman and principal owner: Bruce Sherman. Net worth: $500 million (2020) Purchase price: $1.2 billion (2017) Current franchise valuation: $990 million. Value appreciation:-17.5%
Feb 28, 2022 · While Sherman is the controlling owner of the team, Jeter was the club’s CEO and ran day-to-day operation of the Marlins before parting ways with the team Feb. 28. The Marlins have not had a ...
- mike.digiovanna@latimes.com
- Staff Writer
Sherman has been married to his wife Cynthia Kahn since 1999. The two don’t have any children. However, Sherman has two daughters with his first wife Marlene Bluestein.
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Jul 21, 2021 · Not one to just sit on his wealth, Sherman has always been something of a philanthropist. Together with his wife Cynthia, the couple support a number of charities.
