Bill Ackman Net Worth

Bill Ackman is an American businessman and hedge fund manager. He is the founder, CEO, and managing partner of Pershing Square Capital Management, a hedge fund company. As of March 2021, Bill Ackman’s net worth was estimated to be $2.6 billion.

Ackman was born in 1966 in New York City. He graduated from Harvard Business School in 1992. After working at various firms on Wall Street, he founded his own hedge fund company, Pershing Square Capital Management, in 2004.

Since its inception, Pershing Square Capital Management has generated returns of over 20% annually for its investors. In 2020 alone, the firm’s flagship fund returned 42%. Ackman himself has been ranked as one of the world’s top 100 hedge fund managers by Forbes magazine multiple times.

In 2014, Bill Ackman’s net worth was estimated to be US$1.6 billion. Ackman is an American hedge fund manager, entrepreneur, and philanthropist. He is the founder and CEO of Pershing Square Capital Management, a hedge fund firm headquartered in New York City.

Ackman has been described as one of the most successful and controversial hedge fund managers of his generation. His investment philosophy is based on the belief that “the key to making money in investing is not to buy things when they are cheap but to buy them when they are about to become cheaper.” Ackman’s investments have often been contrarian and highly leveraged.

In 2002, he bet against the stock of McDonald’s Corporation by shorting its shares. The bet paid off when McDonald’s stock price declined by over 30% over the next two years. In 2007, Ackman made a $2 billion bet against bond insurer MBIA Inc., which he called “a fraud.”

The bet turned out to be profitable when MBIA’s credit rating was downgraded in 2008 during the financial crisis. In 2009, Ackman invested $27 million in General Growth Properties, a shopping mall operator that filed for bankruptcy protection in April 2009. The investment proved to be very lucrative as General Growth emerged from bankruptcy in 2010 and its stock price soared more than tenfold over the next five years.

Ackman has also been involved in some high-profile activist campaigns against companies such as Herbalife Ltd., JCPenney Company Inc., and Valeant Pharmaceuticals International Inc.. In December 2012, Ackman announced a $1 billion short position in Herbalife, accusing the company of being a pyramid scheme; Herbalife denied the accusations and its stock price fell sharply. In August 2014, Ackman sold his entire stake in Herbalife at a profit of more than $500 million.

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How Much Did Bill Ackman Pay for Netflix?

In 2012, Bill Ackman’s hedge fund Pershing Square Capital Management paid $811 million for a 10% stake in Netflix. At the time, this was the biggest bet ever made by the fund. Since then, Netflix’s stock has skyrocketed, and as of 2019 Ackman’s stake is worth over $2 billion.

In other words, he has more than doubled his money in just seven years. Ackman is known for making big bets on companies that he believes are undervalued and have high potential for growth. And it seems like his bet on Netflix has paid off handsomely.

Is Bill Ackman a Billionaire?

Yes, Bill Ackman is a billionaire. He is the founder and CEO of Pershing Square Capital Management, a hedge fund management company. As of March 2021, Forbes estimates his net worth to be $2.6 billion.

How Many Shares Does Bill Ackman Own?

In 2013, Bill Ackman owned 33 million shares of J.C. Penney Company, Inc. (NYSE: JCP), which represented about 18% of the company’s shares outstanding at that time. In February 2014, he sold about 3 million shares, reducing his stake to about 15%.

What Fund Does Bill Ackman Own?

What fund does Bill Ackman own? Bill Ackman is the founder and CEO of Pershing Square Capital Management, a hedge fund management company. As of February 2018, Pershing Square Capital Management held stakes in 11 public companies, with an estimated value of $9.6 billion.

The largest position in the portfolio was in Chipotle Mexican Grill, Inc., followed by Restaurant Brands International Inc., Howard Hughes Corporation, and Fannie Mae.

Bill Ackman – Lifestyle, Biography, & Net Worth!

Lawrence Ackman Net Worth

In case you haven’t heard, Lawrence Ackman is a pretty big deal. Not only is he the founder and CEO of Pershing Square Capital Management, one of the most successful hedge funds in the world, but he’s also worth an estimated $1.4 billion. That puts him in some pretty rarefied air when it comes to American billionaires.

So how did Ackman make all his money? Well, it turns out that he’s been pretty savvy when it comes to investing. Over the years, he’s made some very shrewd bets that have paid off handsomely.

For example, he was an early investor in companies like JCPenney and General Growth Properties, both of which have done extremely well over time. He’s also had success with more recent investments like Burger King and Valeant Pharmaceuticals. Of course, not every investment Ackman has made has been a winner.

He famously lost billions betting against Herbalife, though it sounds like he may finally be getting vindication on that front as well. But even with some losses here and there, Ackman has still managed to amass an impressive fortune through smart investing. And given his track record, there’s a good chance that his net worth will continue to grow in the years to come.

Bill Ackman Age

Bill Ackman is an American businessman and hedge fund manager. He is the CEO and founder of Pershing Square Capital Management, a hedge fund company. As of February 2018, Forbes estimates his net worth at $1.6 billion.

Ackman was born on May 11, 1966 in Brooklyn, New York City. He graduated from Harvard Business School in 1992. Prior to forming Pershing Square Capital Management, he worked as a consultant for Gotham Partners and as an analyst at Lehman Brothers.

Bill Ackman Height

Bill Ackman is an American businessman, investor, and philanthropist. He is the founder and CEO of Pershing Square Capital Management, a hedge fund management company. As of February 2021, Ackman’s net worth was estimated to be US$2.6 billion.

Ackman was born on May 11, 1966, in New York City. He grew up in a Jewish family in Lawrence, Nassau County on Long Island. Ackman’s father was a stockbroker and his mother was a homemaker.

He has two sisters. Ackman graduated from Harvard Business School in 1992 with a Bachelor of Science degree in business administration.

Bill Ackman Net Worth by Age

Bill Ackman is an American hedge fund manager and investor. He is the founder and CEO of Pershing Square Capital Management, a hedge fund management company. As of March 2020, Ackman’s net worth was estimated to be US$2.6 billion.

Ackman was born in 1966 in New York City. He graduated from Harvard College with a Bachelor of Arts degree in economics. He began his career as a consultant at McKinsey & Company before moving to Gotham Partners, an investment firm he co-founded in 1991.

In 2002, Ackman founded Pershing Square Capital Management with $54 million of seed money from investors. The Pershing Square Foundation, which makes charitable grants, had assets of $600 million as of December 31, 2019 As of March 2020, Bill Ackman’s net worth was estimated to be US$2.6 billion dollars.

This puts him at Rank 72 on Forbes’ list of the world’s billionaires and at Rank 11 for American hedge fund managers .

Conclusion

In 2019, Bill Ackman’s net worth was estimated to be $2.6 billion. Ackman is an American hedge fund manager and philanthropist. He is the founder and CEO of Pershing Square Capital Management, a hedge fund company with $20 billion in assets under management.

Ackman has been a successful investor, achieving an annualized return of 20% since founding his firm in 2004. He has also been active in philanthropy, donating millions of dollars to causes such as education and cancer research.