John Arnold
Houston, Texas
Bachelor of Arts/Science, Vanderbilt University
United States
Centaurus Advisors
8
hedge funds, Self Made
$3,300,000,000
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5
#667 Billionaires 2019
#239 Forbes 400 2018
John Arnold shocked the hedge fund world in 2012 when, at just 38 years old, he announced he would no longer manage other people's money. A hugely successful energy trader, Arnold once worked at Enron, earning the disgraced company a reported $750 million the year it went bankrupt.From its ashes, Arnold built his own hedge fund, Centaurus Advisors. At Centaurus he churned out triple-digit returns for several years and minted a billion-dollar fortune in the process. Today he spends most of his time on philanthropy, employing the same contrarian philosophy that made him so rich in his prior life.
A Democrat, Arnold has worked with the ultra-conservative Koch brothers on criminal justice reform.The Laura & John Arnold Foundation is endowed with more than $2 billion.
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