Portrait of Stephen Mandel Jr

Rank #861

Stephen Mandel Jr

Net worth $5.0B

Hedge funds · United States

Born
Mar 12, 1956
Age
70
Source
Hedge funds
Residence
Greenwich, Connecticut
Citizenship
United States
Marital status
Married
Children
3
Education
Bachelor of Arts/Science, Dartmouth College; Master of Business Administration, Harvard University; Diploma, Phillips Academy Exeter

Net worth over time

Biography

  • One of Julian Robertson's "Tiger Cubs," Stephen Mandel started his hedge fund firm, Lone Pine Capital, in 1997.
  • Mandel stepped back from managing investments for Lone Pine Capital in January 2019 but remains a managing director.
  • Mandel built up a reputation as one of the hedge fund industry's best when it comes to fundamental analysis and bottom-up stock picking.
  • Mandel has poured hundreds of millions into his Zoom Foundation. The hedge fund also has its Lone Pine Foundation.
  • He is a big donor to charter schools and sits on the national board of directors of Teach for America.
  • Mandel donates to the Environmental Defense Fund, of which he is a board trustee.
  • Mandel named Lone Pine Capital after a pine tree that, legend has it, survived a lightning strike on the campus of Dartmouth College in 1887.