Rank #3091
Thomas Sandell
Net worth $1.2B
Hedge funds · Sweden
- Born
- Feb 01, 1961
- Age
- 65
- Source
- Hedge funds
- Residence
- London
- Citizenship
- Sweden
- Marital status
- Married
- Children
- 1
- Education
- Master of Business Administration, Columbia Business School; Bachelor of Arts/Science, Uppsala University
Net worth over time
Biography
- Former hedge fund manager and activist investor Thomas Sandell closed up shop in 2019, transforming his Sandell Asset Management into a family office.
- Hit hard by the great recession, the Swedish credit market specialist has built up his fortune twice.
- Sandell earned an MBA from Columbia University and landed a spot at Bear Stearns in 1988 before founding Sandell Asset Management a decade later.
- Initially a risk arbitrage specialist, Sandell later shifted tactics and engaged in loud proxy battles with firms like Bob Evans Farms in 2013.
- At Bear Stearns he worked with famed investment banker Ace Greenberg on such deals as Kirk Kerkorian's attempted buyout of Chrysler.
- Sandell is a former badminton champion in his native Sweden.
- Sandell privately invests in modern art, and owns pieces by Lichtenstein and Basquiat.