Name
Louis Bacon
Louis Bacon
Oyster Bay, New York
Bachelor of Arts/Science, Middlebury College | Master of Business Administration, Columbia Business School
United States
Moore Capital Management, LP
7
hedge funds, Self Made
$1,500,000,000
1511
#1511 Billionaires 2019
#374 Forbes 400 2016
One of Wall Street's macro-trading legends, Louis Bacon cut his teeth as a commodities and currencies trader, earning big profits in the 1987 crash.He created hedge fund Moore Capital in 1989 using trading profits and a small inheritance.Bacon's Moore Capital hedge fund manages $13.4 billion in assets and is not knocking out the kind of impressive returns that it used to score.
Bacon's environmental preservation-focused Moore Charitable Trust was defrauded out of $25 million by jailed banker Andy Caspersen.
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