Who is Scott Shleifer?
Scott Shleifer was born in New York City, New York, United States on May 11th, 1962. He is an American hedge fund manager who is best known for his role as the founder and chief executive officer (CEO) of the investment firm SSgA LLC, which he founded in 2001. In 2002, Scott Shleifer became the CEO of SSgA LLC. Under his leadership, the company grew to over $10 billion in assets under management.
As of 2018, Scott Shleifer’s net worth is estimated to be around $1.8 billion. Scott Shleifer married Jennifer Cohen in 1991. Together they have two children named Alexander and Alexandra. Scott Shleifer is Jewish. He was born in New York City
About his Education
Scott Shleifer graduated from Harvard University in 1984 with a Bachelor of Arts degree in economics and political science. In 1989, he received a Master of Business Administration degree from Stanford Graduate School of Business. After graduating from college, Scott worked at Goldman Sachs before founding SSgA LLC. His first major project was the creation of a $100 million venture capital fund called the Shleifer Family Foundation.
Scott Shleifer was born in New York City on November 8th, 1952. He grew up in the Bronx and attended Stuyvesant High School where he graduated in 1970. Scott went on to attend Cornell University where he received his Bachelor’s degree in 1974 and then earned his Master’s Degree in 1976. In 1977, Scott started working at Goldman Sachs & Co. Inc., a Wall Street investment firm. After two years, he left Goldman Sachs to start his own hedge fund called S.S.F. Capital Management.
About the Career of Scott Shleifer
He started his career working for Goldman Sachs in the investment banking division. While there, he worked on mergers and acquisitions deals. He then moved over to work for Bear Stearns & Co. There, he focused on trading securities. He later joined Lehman Brothers Holdings Inc. where he worked as a managing director. At Lhman Brothers, he helped raise capital for the company. He left Lehman Brothers after they filed for bankruptcy.
Moreover, after leaving Lehman Brothers, he founded his own hedge fund called S.S.G Capital Management LLC. He manages the firm using a long/short strategy. He focuses on investing in stocks and bonds. He also invests in real estate. He uses a combination of quantitative and fundamental analysis to make his decisions. He has been involved in many different types of businesses including technology, retail, and financial services.
His business ventures have included several companies. These include Adirondack Bank, American International Group, and Loral Space & Communications. He has also invested in private equity firms. He has also invested money in start-up companies. He has also invested some of his time in non-profit organizations. He is a member of the Council on Foreign Relations. He is also a member of the Economic Club of New York.
Companies Owned by Scott Shleifer
Started investing in marijuana stocks. In 1982, Scott founded SSF Capital Management, LLC. His first major move was to invest $100 million in a company called International Cannabis Corp (ICNA). At the time, ICNA was selling medical marijuana products and had just been approved by the FDA to sell its product. After starting his own business, Scott began investing in many different types of businesses. One of these investments was in a company called Canna-Cor Holdings. In 1985, Scott invested $10 million in Canna-Cor Holdings and became their largest shareholder.
- Sold off some shares
- In 1990, Scott sold off some of his shares in Canna-Cor. He sold them for $20 million.
- Bought back some shares
- In 1994, Scott bought back some of his shares in the company. He bought them back for $40 million.
- Sold off some shares again
- In 1995, Scott sold off some more shares in Canna-cor. He sold them for about $30 million.
- Became a billionaire
- By 1998, Scott had become a billionaire. That year, he sold off some of his stock in Canna-cor for $60 million.
Scott Shleifer net worth is estimated at $500 million dollars. He was born in the United States and raised in Israel. He is currently based out of New York City. He graduated from Harvard University where he received his bachelor’s degree in economics. After graduating from college, he went on to receive his master’s degree in finance from Columbia Business School. In addition to being a successful businessman, he is also a philanthropist. His net worth comes from his business ventures and investments. In 2012, Forbes magazine named him as one of the top 25 richest people under 40 years old. He is married and has two children.