Rank #97
Israel Englander
Net worth $25.8B
Hedge funds · United States
- Born
- Sep 30, 1948
- Age
- 77
- Source
- Hedge funds
- Residence
- New York, New York
- Citizenship
- United States
- Marital status
- Married
- Children
- 3
- Education
- Bachelor of Arts/Science, New York University
Net worth over time
Biography
- Israel Englander founded Millennium Management in 1989 with $35 million. Now, the hedge fund firm manages over $77 billion.
- Israel Englander, or Izzy, is the son of Polish immigrants.
- Englander's hedge fund uses a multi-manager platform, feeding more capital to those who perform well and getting rid of traders who perform poorly.
- Englander once backed a professional gambler named Jeff Yass, who began trading on the Philadelphia Stock Exchange in 1981 and has since become a billionaire.