Famous People in USA

Bill Ackman Biography

Bill Ackman is an American investor, hedge fund manager as well as a philanthropist who was born in the USA as William Albert Ackman.

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10 Quick Facts About Bill Ackman

1. Name: Bill Ackman
2. Age: 60 Years Old
3. Birthday: 11 May
4. Zodiac Sign: Taurus
5. Height: 6 feet 3 inches
6. Nationality: American
7. Occupation: Investor, Hedge fund manager, Philanthropist
8. Marital Status: Married
9. Salary: Under Review
10. Net worth: USD 2.9 billion

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Bill Ackman Age

Ackman is 60 years old. He was born on 11 May 1966, in the USA. He celebrates his birthday on May 11 every year, and his birth sign is Taurus.

Bill Ackman Height

Ackman stands at a height of 6 feet 3 inches.

Early Life and Education

Ackman was born on 11 May 1966, in the USA. He received a bachelor of arts magna cum laude in history from Harvard College in the year 1988. Ackman’s thesis was “Scaling the Ivy Wall: the Jewish and Asian American Experience in Harvard Admissions.” He then received an MBA from Harvard Business School.

Rise to Fame and Breakthrough Moment

Ackman is well known as an investor, hedge fund manager, as well as a philanthropist. He is considered by some to be a contrarian investor, however, he considers himself an activist investor. Ackman is the founder as well as the CEO of Pershing Square Capital Management.

Personal Life

Bill Ackman Family

Bill was born to Ronnie I. (née Posner) and Lawrence David Ackman, chairman of a New York real estate financing firm, Ackman-Ziff Real Estate Group, and his family is Jewish. He was born in the USA and raised along with his sister Jeanne Ackman by his parent in Chappaqua, New York.

Bill Ackman Wife

Ackman is married to Neri Oxman. The couple had their wedding in January 2019 at the Central Synagogue in Manhattan, and they had their first child together in spring 2019.

In late 2019, emails obtained by The Boston Globe showed Ackman requesting that the then MIT Media Lab director avoid naming his wife (Oxman) when responding to press inquiries about a $150,000 gift given to her lab in the year 2015 by Jeffrey Epstein.

Ackman was previously married to Karen Ann Herskovitz, a landscape architect. The couple tied the knot on 10 July 1994, and they have three children: Eloise Ackman, Lucy Ackman, and Liza Ackman. On 22 December 2016, it was reported that the couple had divorced. Ackman owned a Gulfstream G550 business jet in 2013.

Bill Ackman Children

Ackman has a total of four children from his two relationships. Three children are known as Eloise Ackman, Lucy Ackman, and Liza Ackman with his ex-wife Karen and one with his current wife Neri.

Bill Ackman Net Worth

Bill Ackman has an estimated net worth of USD 2.9 billion. This includes his assets, money, and income. His primary source of income is his career as an investor, hedge fund manager, and philanthropist. Through his various sources of income, Ackman has been able to accumulate a good fortune but prefers to lead a modest lifestyle.

Facts: Everything You Need to Know About Bill Ackman

Here are some interesting facts and body measurements you should know about Bill Ackman.

Bill Ackman Bio

• Full Names: William Albert Ackman
• Popular As: Investor
• Gender: Male
• Occupation / Profession: Investor, hedge fund manager, as well as a philanthropist
• Nationality: American
• Race / Ethnicity: Not Available
• Religion: Not Known
• Sexual Orientation: Straight

Birthday

• Age / How Old?: 60 Years Old
• Zodiac Sign: Taurus
• Date of Birth: 11 May 1966
• Place of Birth: USA
• Birthday: May 11

Body Measurements

• Height / How Tall?: 6 feet 3 inches
• Weight: Moderate
• Eye Color: Not Available
• Hair Color: Not Available
• Shoe Size: Not Available

Family and Relationship

• Father (Dad): Lawrence David Ackman
• Mother: Ronnie I. (née Posner)
• Siblings (Brothers and Sisters): Jeanne Ackman
• Marital Status: Married
• Wife/Spouse: Married to Neri Oxman, Karen Ann Herskovitz(divorced)
• Dating / Girlfriend: Not Applicable
• Children:  Sons (Not known) Daughter(s) (Eloise Ackman, Lucy Ackman, Liza Ackman)

Net Worth and Salary

• Net Worth: USD 2.9 billion
• Salary: Under Review
• Source of Income: Investor, hedge fund manager, as well as a philanthropist

Hedge Fund

In January 2015, LCH Investments named Bill one of the world’s top 20 hedge fund managers January 2015 after Pershing Square delivered $4.5 billion in net gains for investors in the year 2014. It brought the fund’s lifetime gains to $11.6 billion since its launch in 2004 through year-end 2014.

Stocks

• On 25 January 2013, Ackman’s position on Herbalife led to a discussion on live television with Herbalife supporter Carl Icahn for nearly half an hour on CNBC.
• In an emotional interview with CNBC, Ackman called upon President Trump for a “30-day shutdown” of the American economy to slow the spread of coronavirus and minimize loss of life and ensuing economic destruction resulting from the shutdown on 18 March 2020.
• Ackman warned that without intervention, hotel stocks were “going to zero” and said that America could “end as we know it.” He also cautioned U.S. companies to stop stock buyback programs because “hell is coming.”

Portfolio

Ahead of the 2020 stock market crash, Ackman hedged Pershing Square’s portfolio, risking $27 million to purchase credit protection, insuring the portfolio against steep market losses. The hedge was effective, generating $2.6 billion in less than one month.

House

• Ackman bought the Beresford, an iconic luxury co-op on the Upper West Side with celebrity residents past and present, including Diane Sawyer, Brian Williams, and Jerry Seinfeld.
• Over the past three months, Mr. Ackman has bought two units on the eighth floor of the pre-war building for a combined $22.078 million, according to property records.
• The fund manager who founded Pershing Square Capital Management bought the apartments to be closer to his three children, who reside at the Beresford in a unit Mr. Ackman used to share with his ex-wife, Mansion Global has learned.

Short

Ackman reported covering his short position on MBIA on January 16, 2009, according to the 13D filed with the SEC.

Holdings

Ackman’s Pershing Square Tontine Holdings, Ltd, filed $3 billion for the largest-ever blank-check company IPO in June 2020.

Investments

Ackman founded the investment firm Gotham Partners with fellow Harvard graduate David P. Berkowitz in 1992. The firm then made small investments in public companies.

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