Rank #133
Michael Platt
Net worth $20.9B
Hedge funds · United Kingdom
- Born
- Mar 18, 1968
- Age
- 58
- Source
- Hedge funds
- Residence
- Geneva
- Citizenship
- United Kingdom
- Marital status
- Children
- 0
- Education
- Bachelor of Arts/Science, London School of Economics; Bachelor of Arts/Science, London School of Economics
Net worth over time
Biography
- Michael Platt is the cofounder and CEO of BlueCrest Capital Management, which he started in late 2000 after nearly a decade at JP Morgan.
- Platt built BlueCrest into one of the world's largest hedge fund firms; at its peak, it managed more than $35 billion in assets.
- A push into equities and poor results led to investor exits and he returned outside investors' money in 2015, remaking BlueCrest into a family office.
- The firm has flourished since then, generating returns as high as 153% in 2022 and 95% in 2020, with no years worse than 20%.