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Oct 24, 2024 · Vinik, 65, made a fortune operating his own hedge funds and managing Fidelity's flagship Magellan Fund. His net worth is estimated at more than $600 million. He remains a part-owner of baseball’s Boston Red Sox.
Oct 28, 2019 · Of the many lessons to be gleaned from Jeffrey Vinik’s decades-long career as a stock-picking virtuoso, the most important came last Wednesday: Know when to pack it in. The billionaire founder of...
- Richard Teitelbaum
Oct 24, 2024 · As part of the deal, Jeff Vinik will retain full control of the team for the next three years before being transferred over to Ostrover and Lipschultz. According to the team, Vinnik will remain an ownership partner as an alternate governor and Vinik Sports Group board member.
Oct 24, 2024 · The NHL’s Board of Governors approved a partial sale of the Lightning from majority owner Jeff Vinik to a group of investors led by Doug Ostrover and Marc Lipschultz, the team announced today.
Oct 24, 2024 · The Tampa Bay Lightning's ownership group is expanding. Vinik Sports Group, run by titan investor Jeff Vinik, is selling a portion of the National Hockey League team to a group of investors led by ...
Aug 13, 2024 · TAMPA — Lightning owner Jeff Vinik is in the process of selling his majority stake in the team. The deal is not complete, and once it is done, Vinik will retain full operational control of the ...
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Vinik managed the Fidelity Magellan Fund from 1992 to 1996, where he averaged 17% annual returns. [6] After leaving Fidelity, he started hedge fund Vinik Asset Management, with partners including Michael Gordon (now President of Fenway Sports Group).
