Portrait of Philippe Laffont

Rank #470

Philippe Laffont

Net worth $7.9B

Hedge fund · United States

Born
Sep 16, 1967
Age
58
Source
Hedge fund
Residence
New York, New York
Citizenship
United States
Marital status
Married
Children
0
Education
Bachelor of Arts/Science, Massachusetts Institute of Technology; Master of Science, Massachusetts Institute of Technology

Net worth over time

Biography

  • Philippe Laffont runs Coatue Management, a hedge fund and venture capital firm that focuses on technology-themed investing.
  • Laffont founded Coatue Management in 1999. He is a so-called Tiger Cub, having spent time working at Julian Robertson's Tiger Management hedge fund.
  • Coatue Management has $54 billion in assets under management.
  • Coatue has invested in Tik Tok-parent Bytedance, Snapchat parent Snap and music streaming service Spotify, among many other companies.
  • Laffont is a staunch proponent of artificial intelligence, and Coatue's largest public stockholdings include Nvidia, Broadcom, Meta and CoreWeave.