Rank #1191
Leon G. Cooperman
Net worth $3.6B
Hedge funds · United States
- Born
- Apr 25, 1943
- Age
- 83
- Source
- Hedge funds
- Residence
- Boca Raton, Florida
- Citizenship
- United States
- Marital status
- Married
- Children
- 2
- Education
- Master of Business Administration, Columbia Business School; Bachelor of Arts/Science, Hunter College
Net worth over time
Biography
- A Wall Street legend, Leon Cooperman built up Goldman Sachs' asset management division, GSAM, in his quarter century with the investment bank.
- Cooperman founded Omega Advisors in 1991, a hedge fund known for strong performance; he shut down the fund at the end of 2018.
- In 2017, Cooperman settled SEC insider trading charges by paying $4.9 million, but neither admitted nor denied the accusations.
- In 2019 and 2020, Cooperman began shifting more of his assets into his charitable foundation. He plans to give his fortune away.
- The son of a plumber from the Bronx, Cooperman went to public schools, Hunter College and then got an MBA from Columbia University.
- A dedicated philanthropist, Cooperman has signed the Giving Pledge. He set up a college scholars fund and is a donor to Hunter College and Columbia Business School.