Portrait of Steven Schonfeld

Rank #1768

Steven Schonfeld

Net worth $2.4B

Hedge funds · United States

Born
Jul 03, 1959
Age
66
Source
Hedge funds
Residence
Old Westbury, New York
Citizenship
United States
Marital status
Married
Children
3
Education
Bachelor of Arts/Science, Emory University

Net worth over time

Biography

  • Schonfeld is the founder of Schonfeld Strategic Advisors, a hedge fund with $17.5 billion in assets under management.
  • He first launched his business in 1988 as a proprietary trading firm specializing in short-term trading and converted it into a family office around 2009.
  • Schonfeld evolved into a multi-strategy hedge fund that opened to outside investors in 2016. Its flagship fund has never had a losing year.
  • He built a private nine-hole golf course on 44 acres in the backyard of his Old Westbury, New York home.