Bill Lipschutz Biography
Bill Lipschutz is an American foreign exchange market (forex) trader who was born and raised in Farmingdale, New York. He is the co-founder and Director of Portfolio Management at Hathersage Capital Management. He was also the former Global Head of Foreign Exchange at Salomon Brothers, where he worked from 1981 to 1990.
10 Facts About Bill Lipschutz
- Name: Bill Lipschutz
- Age: 66 years
- Birthday: January 1st
- Height: Under review
- Weight: Under review
- Nationality: American
- Occupation: Forex trader
- Marital Status: Married to Lynelle Jones
- Salary: Under Review
- Net Worth: $1 to $ 5 Million
Bill Lipschutz Age
Bill is 66 years as of 2022. He was born on January 1, 1956, in Farmingdale, New York. He celebrates his birthday on January 1st every year. His birth sign is Capricorn.
Bill Lipschutz Height
Bill appears to be quite tall in stature if his photos, relative to his surroundings, are anything to go by. However, details regarding his actual height and other body measurements are currently not publicly available. We are keeping tabs and will update this information once it is out.
Lipschutz Education
He attended Cornell University and earned a Bachelor’s degree in Fine Arts from their Architectural Design program after five years. He simultaneously enrolled in business classes and earned an MBA in finance in 1982 from the Johnson School of Management, also at Cornell University.
Bill Lipschutz Family
Bill was born and raised by his parents in Farmingdale, New York. n tennis and became an avid tennis player. Our efforts to find out more about his family came to no avail as no such information is publicly available. Thus, the identity of his parents is still unclear. It is also not known if he has any siblings. We will update this section once this information is available.
Bill Lipschutz Wife
Bill is happily married to his wife Lynelle Jones. During the time spent at Cornell, he met his wife, Lynnelle, who was working for economist Henry Kaufman as a research assistant.
Bill Lipschutz Children
He has not revealed any information about his children to the public. We will update this section once the details are available.
Bill Lipschutz Net Worth
Bill has an estimated net worth of about $2 Billion as of May 2020. He is the Co-founder as director of Portfolio Management at Hathersage Capital Management. He started earning through trading while he was a student.
At first, he earned $238000 in the initial stages. Unfortunately, a bad decision made him lost everything he owned. That event couldn’t stop him from moving forward. Just in 1985, he was able to earn $300 million in one year. Since 1995, he is securing the seat of director at Portfolio Management at Hathersage Capital Management.
Bill Lipschutz Measurements and Facts
Here are some interesting facts and body measurements you should know about Bill
Bill Lipschutz Wiki
- Full Names: Bill Lipschutz
- Popular As: Bill
- Gender: male
- Occupation / Profession: Forex trader
- Nationality: American
- Race / Ethnicity: Not Available
- Religion: Not Known
- Sexual Orientation: Straight
Bill Lipschutz Birthday
- Age / How Old?: 66 years (2022)
- Zodiac Sign: Capricorn
- Date of Birth: January 1, 1956
- Place of Birth: Farmingdale, New York
- Birthday: January 1st
Bill Lipschutz Body Measurements
- Height / How Tall?: Not Available
- Weight: Not Known
- Eye Color: Brown
- Hair Color: Blonde Gray
- Shoe Size: Not Available
Bill Lipschutz Family and Relationship
- Father (Dad): Not Known
- Mother: Not Known
- Siblings (Brothers and Sisters): Not Known
- Marital Status: Married
- Wife/Spouse or Husband/Spouse: Not Available
- Children: Sons (none) Daughter(s) (none)
Bill Lipschutz Networth and Salary
- Net Worth: $2 billion
- Salary: Under Review
- Source of Income: Forex trade
Bill Lipschutz Forex
While at the University of Cornell, Bill inherited $12,000 from his grandmother. He used this money to invest in stocks and diversified across 100 stocks. However, he unwinded his positions in the equity markets.
He managed to turn his $12,000 into $250,000 by trading. This was no mean feat. But a bad decision led him to lose the entire $250,000 that he made. Faced with humungous losses, he learned some valuable trading truths the hard way; the importance of risk management.
He continued trading and managed to improve his capital back. After graduating from the Cornell University, Lipschutz joined Salomon brothers as part of their trading program. Upon completion, Lipschutz joined their newly opened foreign exchange department.
Within a couple of years, he managed to make a steady $300 million for the firm. This was in 1984. A few years later, he quit the firm and started various other ventures such as the North Tower Group and the Rowayton capital management firms.
At a later stage, along with a few of his classmates from Cornell, he founded the Hatersage Capital Management in 1995. Gaining on his experience with the forex markets at Salomon brothers, his new firm focused on the trading of the G10 currencies.
The firm is still operational to this day. According to the website, the company manages assets for pension funds, private banks, endowments, family offices, and other funds. Their primary focus is, of course, the forex markets
Bill Lipschutz Forex Trading Strategy
There are many lessons that one can learn from the story of Bill Lipschutz. For one, he shows that it is possible to make money trading forex. His life experience of taking $12,000 to $250,000 is itself a remarkable achievement.
Many advanced to experienced traders today trade with this same amount of capital. But not many have managed to increase their capital tenfold and more. However, the fact that Lipschutz lost most of the $250,000 he made has another story for all of us.
If you do not manage your risk well, there is a good chance that you could end up giving back the profits you made. Capital preservation is one of the most important things when it comes to trading.
Bill Lipschutz Book
Lipschutz has been featured in two print books about market traders; The New Market Wizards: Conversations with America’s Top Traders by Jack D. Schwager. Written in 1992, it features several of the top market traders from the 1980s and 1990s.
Frequently Asked Questions About Bill Lipschutz
Bill Lipschutz is an American foreign exchange market (forex) trader who was born and raised in Farmingdale, New York. He is the co-founder and Director of Portfolio Management at Hathersage Capital Management. He was also the former Global Head of Foreign Exchange at Salomon Brothers, where he worked from 1981 to 1990.
Bill is 55 years as of 2022. He was born on January 1, 1956, in Farmingdale, New York.
He stands at an average height, he has not shared his height with the public. His height will be listed once we have it from a credible source.
Bill is happily married to his wife Lynelle Jones. During the time spent at Cornell, he met his wife, Lynnelle, who was working for economist Henry Kaufman as a research assistant.
He has not yet revealed his net worth. We will update this section when we get and verify information about the wealth and properties under his name..
Details about Bill’s salary are not yet disclosed. However, information about how much he makes will be updated as soon as it is available.
Because of security reasons, he has not shared his precise location of residence. We will immediately update this information if we get the location and images of his house.
He is alive and in good health. There have been no reports of him being sick or having any health-related issues.
He is still pursuing his career as a forex trade.
Bill Lipschutz Social Media Contacts
- Youtube
- Tiktok
- Website
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