Michael Steinhardt
Mount Kisco, New York
University of Pennsylvania
United States
hedge funds, Self Made
$1,100,000,000
1941
#1941 Billionaires 2019
Forbes 400 1993
A pioneer of the modern hedge fund, Michael Steinhardt closed his fund in 1995 after making a fortune in the 1990s from stellar returns.He came out of retirement a decade later to help run WisdomTree Investments, where he is the chairman and a leading shareholder.WisdomTree is a publicly traded asset manager that focuses on ETF investing.Steinhardt cofounded Birthright Israel, a foundation that provides funding for young Jewish Americans to take heritage trips to Israel.
He maintains a zoo at his 57-acre Bedford, N.Y. estate -- complete with 90-year-old land tortoises, rare zonkies, camels and "oodles and oodles of berries."
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