Bill ackman net worth $2.3 Billion. Bill Ackman is a popular American hedge fund manager and investor. He served as the chief executive officer of Pershing Square Capital Management. Ackman is also a philanthropist and has made contributions worth millions of dollars. He is an activist investor and previously founded an investment firm called Gotham Partners.
Well, how well do you know about Bill Ackman? If not much, we have compiled all you need to know about Bill Ackman’s net worth in 2022, his age, height, weight, wife, kids, biography and complete details about his life. Well, if you’re all set, here is what we know about Bill Ackman to date. Cathie Wood Net Worth
Bill ackman Biography
|Full Name:||William Albert Ackman|
|Popular Name:||Bill Ackman|
|Birth Date:||May 11, 1966|
|Parents:||Lawrence David Ackman and Ronnie I. Posner Ackman|
|Birth Place:||New York|
|Education:||Harvard College and Harvard Business School|
|Marital Status:||Married to Neri Oxman (from 2019); previously married to Karen Ann Herskovitz (from 1994 until their divorce in 2018)|
|Children:||3 from his first marriage to Karen Herskovitz (Eloise Ackman, Lucy Ackman, and Liza Ackman) and 1 child from current marriage to Neri Oxman|
|Net Worth:||USD 2.5 billion|
|Source of Wealth:||Entrepreneurial Ventures|
|Height:||5′ 9″ (1.75 m)|
|Weight:||78 kg; In pounds: 172 lbs.|
Bill ackman net worth
|Net Worth:||$2.3 Billion|
|Date of Birth:||May 11, 1966 (55 years old)|
|Profession:||Investor, Film Producer|
|Nationality:||United States of America|
Bill ackman Bio
Bill Ackman is an American hedge fund manager and philanthropist. Also known as William Ackman, he is best known as the founder and CEO of Pershing Square Capital Management LP (a hedge fund management company).
William Ackman was born on May 11, 1966. He is the son of Lawrence David Ackman, the chairman of a New York real estate financing firm, Ackman-Ziff Real Estate Group. Bill received a B.A. degree and graduated magna cum laude from Harvard College in 1988. He subsequently earned an MBA from Harvard Business School in 1992. In 1992, Bill Ackman founded the investment firm Gotham Partners, along with a fellow Harvard graduate. Gotham made small investments in public companies. In 2004, Ackman started Pershing Square Capital Management. In 2005, Pershing bought a significant share in the fast food chain, Wendy’s, and successfully pressured Wendy’s to sell its Tim Hortons doughnut chain. Wendy’s spun off Tim Hortons through an IPO in 2006 and raised $670 million for Wendy’s investors. After Ackman sold his shares at a substantial profit, the stock price collapsed, raising criticism that the sale of Wendy’s fastest-growing unit left the company in a weaker market position. Ackman blamed the poor performance on their new CEO. Ackman’s funds went on to own stakes in Target Corporation, Borders Group and others. Ackman’s notorious battle with the MBIA (Municipal Bond Insurance Association), which began in 1992, was documented in a book written by Bloomberg News reporter Christine Richard called Confidence Game. More recently Bill Ackman has earned headlines for his criticism of Herbalife. Ackman’s stance is that Herbalife is a pyramid scheme.
Bill ackman Early Life
William Albert Ackman was born on May 11, 1966, in Chappaqua, New York. His parents were Lawrence David and Ronnie I. Ackman. His father served as s the chairman of a real estate financing firm in New York.
Bill ackman Age, Height, Weight
So, how old is Bill Ackman in 2022 and what is his height and weight? Well, Bill Ackman’s age is 55 years old as of today’s date 17th April 2022 having been born on 11 May 1966. Though, he is 6′ 3″ in feet and inches and 191 cm in Centimetres tall, he weighs about 185 lbs in Pound and 84 kg in Kilograms.
Bill ackman Education
After receiving a high school degree, Bill Ackman went to Harvard College. He has received his bachelor of arts degree in social studies with a magna cum laude. Later, he went to Harvard Business School for his MBA degree.
Bill ackman Dating, Girlfriends, Wife, Kids
In 1994 Bill Ackman got married to landscape architect Karen Ann Herskovitz. They are parents of three children named Eloise, Liza, and Lucy axeman. The couple separated in 2016. In 2019, he got married to Israeli designer Neri Oxman. They have one child together. Ackman is also a philanthropist and has made contributions worth millions of dollars. He has made donations to various organizations and is the founder of the Pershing Square Foundation. His foundation supports innovation in education, economic development, healthcare, urban development, and human rights.
Bill Ackman became the founder of the investment firm called Gotham Partners in 1992. His firm used to make small investments in various companies. He also had an unsuccessful bid for Rockefeller center in 1995. In 1998, he was able to have $500 million in AUM (assets under management). In his career, Ackman has called for research into the Municipal Board Insurance Association. In 2003, he entered into a legal battle with Carl Icahn. The following year, he came up with Pershing Square Capital Management. It had a significant share in Wendy’s International. His firm had stakes word $4.2 billion in Target Corporation. By December 2010, he has stakes of 38% in Borders Group. In 2012, his company came up with Pershing Square Holdings. It was a permanent capital vehicle that will restrict investors to withdraw funds directly. He also bought shares of J. C. Penney. Ackman has also issued a research report for the business model of Herbalife.
Bill ackman Awards
One of the biggest achievements of Bill Ackman is to be a successful hedge fund manager. He has not won an award in his career. However, he has appeared in the list of Forbes 400 in 2016. In 2011, he appeared in the list of “Philanthropy 50” by the Chronicle of Philanthropy. Ackman was also honored by the Challenged Athletes Foundation in 2014.
Bill Ackman was born on May 11, 1966, in New York, to Lawrence David Ackman and Ronnie I. Posner Ackman. Ackman graduated from Harvard College in 1988 with a B.A in Social Studies. He later earned an MBA from Harvard Business School in 1992. Bill Ackman kicked off his professional business career in 1992 by founding the investment company Gotham Partners, along with fellow Harvard graduate David P. Berkowitz. Gotham Partners mostly invested in public companies. Bill and David spent the next couple of years popularizing their startup. In 1995, Ackman teamed up with the insurance and real estate company Leucadia National to bid for Rockefeller Center. Although the bid was unsuccessful, it generated widespread interest in Gotham Partners. Three years later, the company was managing assets worth $500 million.
In 2004, Bill Ackman invested $54 million from his personal fund to found the hedge fund company Pershing Square Capital Management. In 2005, Pershing acquired a significant stake in the fast-food chain Wendy’s International. However, leadership disputes soon ensued, forcing Ackman to sell his Wendy’s shares. In 2007, Pershing Square Capital Management commanded a 10% stake in Target Corporation. The stake was valued at $4.2 billion. By December 2010, Pershing held a 38% stake in Borders Group. The same month, Ackman revealed his intentions of financing a buyout of Barnes & Noble, to the tune of $900 million. In December 2012, Pershing Square Capital Management unveiled a new closed-end fund known as Pershing Square Holdings. The fund raised $3 billion during an October 2014 Initial Public Offering (IPO) on Amsterdam’s Euronext stock market. In January 2015, Pershing Square Capital Management reported a net gain of $4.5 billion for investors in 2014. By this time, the fund had recorded $11.6 billion in lifetime gains since its establishment in 2004.