Some Of The Richest Stock Investors In The World

Knowing the Elder Statesmen of the market is to know the real stock market legends. These men have consistently outperformed the norm, raking in billions of dollars in profits for both their investor and themselves.

Carl Icahn
Net Worth: $15.5 billion

Through his stock market investing endeavors, Carl Icahn has significantly increased his net worth. Carl Icahn has made billions from the stock market for more than fifty years and is one of the most well-known investors in the world. Icahn began his career as a stock broker as “just a regular guy” from Queens, New York. Later, after experiencing some disappointments, he rebuilt himself in the arbitrage and options trading industries.

After he turned become a corporate raider, his career truly took off to incredible new heights. He built the cornerstone of his riches at the time by owning hostile interests in businesses like TWA, RJR Nabisco, US Steel, and Time-Warner. Apple and Herbalife have been the focus of his most recent deals.

James Simons
Net Worth: $23.5 billion

Simons began his career on a very non-financial path, but after earning a BS in mathematics from MIT and a PH.D. in the same field from UC Berkeley, Simons was hired by the National Security Agency. His mathematical abilities were initially put to use during the Vietnam War to decipher codes.

Later, Simons went back to school and was appointed chair of the math department at Stony Brook University. Then, in 1982, he established the hedge fund management firm Renaissance Technologies. With an average yearly return to investors of 35% after fees, it is regarded as one of the most successful hedge funds in history.

George Soros
Net Worth: $8.6 billion

Soros is a significant player in the stock market despite being known for defying the Bank of England on a currency bet and making a tidy $1 billion profit in the process.

In order to finance his aspiration to become a writer and philosopher, Soros initially set out to make $500,000 in five years with the launch of his flagship Quantum Fund in 1973. The fund had made over $40 billion in profits as of 2013.

According to quotes from Soros’ son Robert, his father’s investment technique frequently has to do with the physical discomfort. For instance, if he started to experience back spasms, he would interpret that as a signal to liquidate a stake.

Soros, a supporter of liberal and progressive causes, has given his charity organizations $8.5 billion.

Julian Robertson
Net Worth: $4.3 billion

In 1980, Robertson established Tiger Management Corp. with help from his loved ones and friends. The fund had $22 billion under management at one point.

Discover the 200 finest firms in the world and invest in them, then find the 200 worst companies in the world and go short them, according to Robertson, who also claimed credit for Tiger’s approach. You should probably work in another industry if the 200 top performers don’t outperform the 200 worst.

Robertson stopped his fund in 2000 after making some mistakes, most notably a poor investment in U.S. Airways, despite being successful for the majority of his career and producing a number of “cubs” who went on to run successful funds of their own.

Let’s now examine the market gurus. Investors from all over the world listen intently to what these hedge fund managers have to say in an effort to glean any information.

Bruce Kovner
Net Worth: $5.3 billion

When Kovner was profiled in the influential book Market Wizards, the general public first became aware of him. When his mother committed suicide while he was a student at Harvard, Kovner quit school just short of earning his Ph.D. and started working odd jobs, including driving a cab.

His first trade, which he claims taught him about risk/reward, was funded by a cash advance on his MasterCard.

He later received guidance from renowned trader Michael Marcus and eventually founded Caxton Associates in 1983.

Kovner, a well-known conservative, has contributed to several Republican political campaigns.

Paul Tudor Jones
Net Worth: $5.8 billion

A 1987 PBS documentary titled TRADER: The Documentary featured PTJ as a youthful, somewhat conceited trader who essentially predicted the market meltdown. This was the means by which he cemented his reputation as a market guru.

Jones is well-liked by celebs and is frequently spotted at several humanitarian events on Martha’s Vineyard. His closest pals include Sting and his wife Trudy Styler.

He stated the following about his personal style in the Market Wizard’s book: “The public will say that Paul Tudor Jones called the bottom of the market, but they won’t know about the five, ten, or fifteen times I tested the bottom theory but was stopped out.”

Steve Cohen
Net Worth: $14.1 billion

Steve Cohen is arguably one of the most well-known figures in the stock market. He seems to be surrounded by the financial journalists everywhere he goes. Everyone is interested in what Steve is doing, whether it’s an addition to his remarkable collection of fine art or the newest Westchester house he’s bought.

In his SAC Capital Partners Fund, Cohen developed a reputation as a “hands on trader” frequently managing up to 10% of the portfolio.

Cohen trades quickly and infrequently keeps positions for long periods of time.

Cohen closed SAC and converted it into a family office as a result of recent run-ins with the SEC.

Stanley Druckenmiller
Net Worth: $4.4 billion

As a management trainee at Pittsburgh National Bank and then a consultant to Dreyfus, Druckenmiller’s financial career got off to a very dull start.

But he didn’t start to become well-known until George Soros hired him in 1988 to take Victor Niederhoffer’s seat at the Quantum Fund.

Because of his connection to Soros and the success of his own Duquesne Capital fund, he has remained a steadfast favorite among investors.

Like his mentor Soros, Druckenmiller is a top-down investor with a similar approach.

He also hedges his stock positions using futures and currencies.

Because of his $705 million in charitable contributions to numerous foundations in 2009, he was named the most benevolent guy in America.

The market’s Young Guns will be discussed next. These are the legends concerning the future of the stock market. In hedge fund years, the youngest is 39 and the oldest is 38, making them both teenagers.

John Arnold
Net Worth: $3.3 billion

In actuality, John Arnold has technically amassed a fortune through energy futures trading, first as a bright young thing at Enron and later with his own Centaurus Fund. He is the youngest trader on this list, though, and the only one I have really met, so I decided to include him.

With a $6.5 billion victory over Amaranth Advisors and fellow wunderkind Brian Hunter in a natural gas competition in 2006, Arnold proved his mettle.

Despite declaring his retirement from managing his hedge fund in 2012, many believe that given his advanced age, he will eventually come back.

Ken Griffin
Net Worth: $15 billion

Griffin, a fellow Harvard undergrad who founded two hedge funds out of his dorm room, advertised that he would make trades in between lectures. His initial fund had $265K in seed money, including funds from his grandmother. His first significant gain came from shorting the stock market in 1987.

With $14 billion under management, his Citadel hedge fund is regarded as one of the biggest and most successful hedge funds in the world.

Griffin and Daniel Loeb, a rival hedge fund manager, have a well-known rivalry that has resulted in both parties trying to snare the staff of the other.

David Einhorn
Net Worth: $1 billion

If you enjoy playing poker, you’ve probably seen David Einhorn at one of the World Series of Poker’s many final tables. He is regarded as one of the leaders in the hedge fund industry.

Einhorn’s claim to fame is his 2007 shorting of various companies involved in the subprime markets in addition to Lehman Brothers.

His frequent press interviews, particularly his “power point presentation” have been known to drastically change the value of specific stocks.

Bill Ackman
Net Worth: $2 billion

Ackerman, another Harvard alumnus, launched his first hedge fund immediately following his graduation in 1992. But when he founded Pershing Square Capital Management in 2004 with $54 million in investment — made up of his own cash and that of his former business partners — his star started to soar.

He has held prominent positions with Target and Herbalife, with the latter placing him on the other side of the conflict with eminent investor Carl Icahn.

He was also one among the select few who profited handsomely from shorting MBIA credit default swaps (CDS) during the 2008 financial crisis.

Ackman is a well-known philanthropist who has given through his Pershing vehicle more than $160 million since its establishment.

This includes a gift of $10 million to Human Rights Watch, $25 million to support Newark, New Jersey, public schools, and a gift of $25 million to the Signature Theatre to support cutting-edge cultural initiatives.

The market’s enigmas will now be discussed. These are the “mystery men,” the ones that, despite many attempts, no one has ever really figured out. However, despite being opaque, they have easily outperformed the markets.

Ray Dalio
Net Worth: $17 billion

At the age of 12, Dalio purchased $300 worth of Northeast Airlines and tripled his investment. This marked the beginning of his career as an investor. After that, there was a period at Long Island University and a Harvard MBA.

He founded Bridgewater Associates in 1975, the world’s largest hedge fund with over $154 billion in assets under management.

In an essay titled “How the Economic Machine Work; A Template for Understanding What is Happening Now.” Dalio foresaw the financial crisis in 2007.

Recently, a bit more light has been shed on his method thanks to the “investment secrets” he’s begun disclosing in the quick, cartoon YouTube movies he narrates.

David Tepper
Net Worth: $13 billion

He came from a poor family in Pittsburgh, Pennsylvania, and worked in the library to pay his way through the University of Pittsburgh. He continued his education at Carnegie Mellon University and received an MBA there after graduating.

He initially intended to work for Republic Steel, but was ultimately hired by Goldman Sachs. He lasted there for six years before quitting to launch his fund, Appaloosa Management.

By investing in undervalued financial companies early in the year and then selling them when they experienced a recovery later in the year, Appaloosa made $7 billion in profit.

Tepper is a generous donor who has given to many charities, including his alma mater Carnegie Mellon, to the tune of $55 million.

Eddie Lampert
Net Worth: $1.3 billion

His grandmother, who was an avid reader of Louis Rukeyser’s Wall Street Week, gave him an early introduction to the stock market. They would sit and discuss her daily newspaper stock recommendations for hours.

Later attending Yale, Lampert is a part of the notorious “Skull and Bones” group.

He worked at Goldman Sachs after graduating, frequently alongside Robert Rubin.

After leaving in 1988, he established ESL Investments with support from David Geffen, an industry titan, and financier Richard Rainwater.

Most of the recent coverage of Lampert has focused on his purchase of Sears. The company’s stock has kept falling, and neither the general public nor the financial press can clearly identify the purpose of the investment.

Seth Klarman
Net Worth: $1.5 billion

Compared to the other people on this list, Klarman may be the least well-known. Klarman started out in poverty but went on to get degrees from Cornell and Harvard.

He is the author of the book Margin of Safety, Risk Averse Investing Strategies for the Thoughtful Investor, a copy of which is said to be on Warren Buffett’s desk and which, if discovered, can fetch up to $1,500 per copy.

He purchases controversial assets and then hedges them using a variety of contracts because he is a conservative investor.

He rarely gives interviews or public speeches.

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