Bill Ackman Net Worth, Age, Wife, and Twitter
Bill Ackman is an American investor and hedge fund manager who’s best known for founding and running Pershing Square Capital Management. With a net worth of $3.2 billion, Ackman is one of the richest people in the world. In addition to his investing career, Ackman is also known for his failed attempt to take over Canadian company Valeant Pharmaceuticals and his public feud with fellow hedge fund manager Carl Icahn.
|Full Name||William Albert Ackman|
|Birth Date / Age||May 11, 1966 / 55 Years Old|
|Birth Place||Chappaqua, New York, USA|
|Source of Wealth||CEO / Investor|
|Relationship Status||Married To Neri Oxman|
|Height||5 ft. 9 in. / 175 cm.|
|Net Worth||$3.2 Billion|
Bill Ackman Early life:
In May 1966, Lawrence David and Ronnie (née Posner) gave birth to William Albert Ackman in Chappaqua, New York. His father is the head of the Ackman-Ziff Real Estate Group, a firm that finances real estate transactions. He is also Jewish of Ashkenazi origin and has a sister named Jeanne.
Ackman graduated from Harvard College in 1988 with a Bachelor of Arts in social studies, magna cum laude. His thesis was titled “Scaling the Ivy Wall: The Jewish and Asian American Experience in Harvard Admissions.”
He earned his MBA from Harvard Business School four years later. Upon graduating, Ackman co-founded the investment firm Gotham Partners with one of his classmates.
On June 3, 2012, it was announced that Ackman married Karen Ann Herskovitz, a landscape architect. They have three children: Eloise Ackman, Lucy Ackman, and Liza Ackman. It was reported on December 22, 2016, that the pair had separated. In 2013, he owned a Gulfstream G550 business jet. In 2018, at age 59, Ackman got engaged to Neri Oxman. On January 1 of this year (2019), Oxman and Ackman tied the knot at the Central Synagogue in Manhattan and soon thereafter became parents to their first kid.
Bill Ackman Career:
In 1998, Gotham had amassed $500 million in AUM. Showing his skill as a financier, Ackman increased his wealth during the 2007-2008 financial crisis by buying credit default swaps against MBIA corporate debt and selling them for profit.
Most notably, Ackman was successful in suing Carl Icahn for $4.5 million plus 9% interest. In 2004, the billionaire and his former business partner Leucadia National used $54 million from their personal funds to start Pershing Square Capital Management.
Since then, his largest financial moves have included holding a 10% stake in the Target Corporation, owning a 38% stake in Borders Group, and reaching a buyout of Barnes & Noble for $900 million.
Astoundedly, Ackman predicted the 2020 stock market collapse by hedging Pershing Square’s portfolio. He was putting up $27 million to secure creditworthiness by taking out insurance coverage.
In just one month, the hedge fund made an astounding $2.6 billion dollars. Recently, Ackman revealed that Pershing Sq. had bought a stake in Netflix after the company’s stock fell 30 percent due to disappointing subscriber growth projections for early 2022.
Bill Ackman Instagram and Twitter:
Bill Ackman has 539.3K Followers on his Twitter account,
Please see the attached for more details on how the @ptpaplayers will transform tennis with its new leadership @AhmadNassarBiz and newly-formed and capitalized for-profit affiliate Winners Alliance. https://t.co/gwGx03wN6X
— Bill Ackman (@BillAckman) August 26, 2022
Bill Ackman is not active on social media. However, there are many fan pages dedicated to him on both Instagram and Twitter. However, He does have an account on Business Insider, where he posts about his investment ideas and opinions.
Achievements & Recognition:
In 2011, when the Chronicle of Philanthropy compiled its “Philanthropy 50,” Ackman was regarded as the most charitable. In February of that year, he was ranked number 256 on the Forbes 400 list. The Challenged Athletes Foundation honored him with a ceremony at New York City’s Waldorf Astoria Hotel in July 2014 for raising $2.3 million for the organization.
Bill Ackman Net Worth:
Bill Ackman’s net worth is currently estimated at $3.2 billion. Pershing Square Capital Management is largely responsible for its wealth. Despite depleting his assets to $1.1 billion in 2018-19, he bounced back strongly.
The filing of Pershing Square Tontine Holdings, Ltd., a $3 billion blank-check company IPO in 2020, will contribute to his value. He owns a Gulfstream G550 business jet with an equipped price of $54.5 million, which he bought in 2017 through the sale of Valeant Pharmaceuticals International Inc shares (VALE).