Portrait of Michael Steinhardt

Rank #2566

Michael Steinhardt

Net worth $1.6B

Hedge funds · United States

Born
Dec 07, 1940
Age
85
Source
Hedge funds
Residence
Mount Kisco, New York
Citizenship
United States
Marital status
Married
Children
0
Education
University of Pennsylvania

Net worth over time

Biography

  • A pioneer of the modern hedge fund, Michael Steinhardt closed his fund in 1995 after making a fortune in the 1990s from stellar returns.
  • He came out of retirement a decade later to help run WisdomTree Investments, where he is still a leading shareholder.
  • He retired as chairman of the board in October 2019.
  • WisdomTree is a publicly traded asset manager that focuses on ETF investing.
  • Steinhardt cofounded Birthright Israel, a foundation that provides funding for young Jewish Americans to take heritage trips to Israel.
  • He maintains a zoo at his 57-acre Bedford, N.Y. estate -- complete with 90-year-old land tortoises, rare zonkies, camels and "oodles and oodles of berries."

Financial assets

Exchange Ticker Company Shares Price Currency