Ivan Boesky Biography
Ivan Frederick Boesky is a one-time American stock trader who became infamous for his major role in an insider trading scandal that happened in the United States during the mid-1980s. He was accused and begged guilty to insider trading, was fined a record $100 million, served three years in prison, and became an informant.
Here is a list are 10 facts
10 Quick Facts About Ivan Boesky
- Name: Ivan Frederick Boesky
- Age: 87 Years Old
- Birthday: March 6, 1937, in Detroit, Michigan, United States
- Zodiac Sign: Aries
- Height: 6 feet 1 inch (1.85 m)
- Nationality: American
- Occupation: Stock trader
- Marital Status: Divorced
- Salary: Not Available
- Net worth: $5 million
Ivan Boesky Age
Boesky is 87 years old. He was born on March 6, 1937, in Detroit, Michigan, United States. He celebrates his birthday on March 6 every year and his birth sign is Pisces.
Ivan Boesky Height
Boesky stands at a height of 6 feet 1 inch (1.85 m) tall.
Ivan Boesky Weight
Boesky weighs 80 kg (176 lbs).
Early Life and Education
Boesky was born on March 6, 1937, in Detroit, Michigan, to Russian immigrant parents. His father was a successful businessman, owning several restaurants and bars in the city. Boesky was a bright and ambitious student. He attended the Cranbrook School in Bloomfield Hills, Michigan, before graduating from Detroit’s Mumford High School.
He then attended courses at Wayne State University, Eastern Michigan University, and the University of Michigan. Despite lacking an undergraduate degree, Boesky was admitted to Detroit College of Law (now Michigan State University College of Law) and graduated in 1964. After law school, Boesky worked as a law clerk for a federal district court judge.
Rise to Fame
Boesky rose to fame in the early 1980s as a successful arbitrageur. Arbitrage is a trading strategy in which a trader buys and sells shares simultaneously in two different markets to profit from price differences. Boesky was particularly skilled at identifying and profiting from mergers and acquisitions.
Boesky’s rise to fame was fueled by the bull market of the 1980s and the wave of corporate takeovers that occurred during that time. Boesky was able to make huge profits by buying shares in companies that were about to be acquired.
Ivan Boesky Parents
Boesky’s parents were Russian immigrants. His father, William Boesky, was a successful businessman who owned several restaurants and bars in Detroit, Michigan. However, our efforts to find out more about his family came to no avail as no such information is publicly available. Thus, the identity of Ivan’s mother is still unclear. We will update this section once this information is available.
Ivan Boesky Siblings
Ivan had one sister named Suzanne Joyce Davis.
Ivan Boesky Wife
Boesky was married to his lovely wife Seema Silberstein, the daughter of a Detroit real estate magnate whose holdings included The Beverly Hills Hotel in California. The couple was married from 1962–1991.
Ivan Boesky Children
Boesky together with his ex-wife Seema Silberstein are proud parents of a daughter named Marianne Boesky, and three sons namely; Jonathan Boesky, Theodore Boesky, and William Boesky.
Ivan Boesky Net Worth
Boesky has an estimated net worth of $5 million dollars. This includes his assets, money, and income. His primary source of income is his career as a Stock Trader. Through his various sources of income, Boesky has been able to accumulate good fortune but prefers to lead a modest lifestyle.
Ivan Boesky Measurements and Facts
Here are some interesting facts and body measurements you should know about Ivan Boesky.
Ivan Boesky Wiki
- Full Names: Ivan Frederick Boesky
- Popular As: Stock Trader
- Gender: Male
- Occupation / Profession: Stock Trader
- Nationality: American
- Race / Ethnicity: White
- Religion: Not Known
- Sexual Orientation: Straight
Ivan Boesky Birthday
- Age: 87 Years Old
- Zodiac Sign: Pisces
- Date of Birth: March 6, 1937
- Place of Birth: Detroit, Michigan, United States
- Birthday: March 6
Ivan Boesky Body Measurements
- Height / How Tall?: 6 feet 1 inch (1.85 m)
- Weight: 80 kg (176 lbs)
- Eye Color: Blue
- Hair Color: Gray
- Shoe Size: To be Updated
- Chest Size: To be Updated
- Waist Size: To be Updated
Ivan Boesky Family and Relationship
- Father (Dad): William Boesky
- Mother: Not Known
- Siblings (Brothers and Sisters): Suzanne Joyce Davis
- Marital Status: Divorced
- Wife/Spouse: Seema Silberstein (m. 1962–1991)
- Children: Marianne Boesky, Jonathan Boesky, Theodore Boesky, William Boesky
Ivan Boesky Net Worth and Salary
- Net Worth: $5 million
- Salary: Not Available
- Source of Income: Stock Trader
Career
Boesky is a former stock trader who became infamous for his renowned role in an insider trading scandal that occurred in the United States during the mid-1980s. Boesky was born in Detroit, Michigan, in 1937. He studied law at Michigan State University and began his career as an attorney in Los Angeles. In 1965, he moved to New York City to work as a stockbroker.
Boesky was a successful stock trader and built a fortune through arbitrage. Arbitrage is a trading strategy in which a trader buys and sells shares simultaneously in two different markets to profit from price differences. In the 1980s, Boesky began to engage in insider trading. Insider trading is the buying or selling of shares based on non-public information.
Boesky bought shares based on information he had received from insiders, such as corporate executives and shareholders. In 1986, Boesky was charged with insider trading. He pleaded guilty and was sentenced to three years in prison. Boesky was also forced to pay $100 million in fines and restitution. Boesky was released from prison in 1989.
Ivan Boesky Contacts
- Youtube
- Tiktok
- Website
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