Net Worth & Profile
Bill Ackman Biography and Net Worth
William Albert Ackman is an American billionaire, who leads Pershing Square Capital Management as its founder and CEO.
Who is Bill Ackman?
William Albert Ackman is an American billionaire, who leads Pershing Square Capital Management as he is the founder and CEO.
Bio Data
| Name | Bill Ackman |
| Gender | Male |
| Date of Birth | May 11, 1966 |
| Age | 57 years old |
| Place of Birth | New York |
| Profession | Investor, Film Producer |
| Nationality | United States of America |
| Net worth | $3.4 Billion |
Biography
Ackman was born and raised in Chappaqua, New York, to Ronnie and Lawrence David Ackman, former chairman of Ackman-Ziff Real Estate Group. He is of Ashkenazi Jewish heritage.
In 1988, he graduated magna cum laude in social studies from Harvard College. His thesis explored Harvard admissions. In 1992, he earned an MBA from Harvard Business School.
Career
Ackman co-founded Gotham Partners with fellow Harvard alum David P. Berkowitz. The firm quickly attracted investors, amassing $500 million in assets by the late 90s. However, by 2002, Gotham faced legal issues with external shareholders. Ackman profited from credit default swaps on MBIA corporate debt.
In 2004, Ackman used over $50 million of his own money to establish Pershing Square Capital Management. It thrived, accumulating a lifetime gain of $11.6 billion by 2014. Notable investments included Wendy’s, Target, and General Growth Properties.
Net Worth
Bill Ackman is an American hedge fund manager and philanthropist and has an estimated net worth of $3.4 billion. He made his fortune by founding and leading Pershing Square Capital Management LP. In his earlier career, Ackman co-established the investment firm Gotham Partners.
Personal Life
Bill Ackman wed landscape architect Karen Herskovitz in 1994, and they raised three children before divorcing in 2018.
The next year, Ackman married designer and MIT professor Neri Oxman. They now have a child together.
FAQs
Q: Who is Bill Ackman?
A: Bill Ackman is a successful American investor and hedge fund manager. He is the founder of Pershing Square Capital Management, a renowned hedge fund.
Q: What are some notable investments made by Bill Ackman?
A: Bill Ackman and Pershing Square have invested in companies like Wendy’s, Target, and General Growth Properties. Ackman is also known for his involvement with Herbalife and Valeant Pharmaceuticals.
Q: Is Bill Ackman married?
A: Yes, Bill Ackman has been married twice. His first wife was landscape architect Karen Herskovitz, and they had three children together. In 2019, he married designer and MIT professor Neri Oxman, with whom he has a child.
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