Leon Cooperman Omega, Bio, Wiki, Age, Height, Wife, Holdings, and Net Worth

Leon Cooperman Bio | Wiki

Leon Cooperman is a noted American billionaire investor and hedge fund manager. He serves as CEO and Chairman of Omega Advisors an investment advisory firm managing over $3.3 billion in assets under management. He wrote a memoir From The Bronx To Wall Street in July 2023. In addition, he retired in 2016 and converted Omega into a family office in 2018.

Leon Cooperman Age

He was born in South Bronx, New York City, in the United States on April 25, 1943. Cooperman is 80 years old and celebrates his birthday every year on April 25.

Leon Cooperman Height

He is a man of average stature. Cooperman stands at a height of 5 ft 7 in ( approx. 1.7m ).

Leon Cooperman Family

He was born in South Bronx, New York City, in the United States to his Jewish parents. Cooperman holds American nationality. His parents are immigrants from Poland and grew up with a brother Howard J. Cooperman in a one-bedroom apartment. His father was a plumber who immigrated to New York at the age of 13. He was the first person in their family to earn a college degree.

Leon Cooperman Photo
Cooperman’s Photo

Leon Cooperman Wife

He married his loving wife Toby Cooperman in 1964. The two were graduates of Hunter’s Class of 1964 where Toby was the president while Cooperman was the vice president. Toby worked as a special-education specialist until she retired. The two are parents of two sons Wayne and Michael, and three grandchildren.

Leon Cooperman Brother

He grew up with his brother Howard J. Cooperman in a one-bedroom apartment. Howard is 87 years and a retired men’s clothing manufacturer. He worked as Chairman of Omega Advisors, a private hedge fund, and was also the Chief Executive of Goldman Sachs’ Asset Management division.

Leon Cooperman Grandchildren

He has two sons Wayne and Mike. Wayne lives in New Jersey and is a money manager with his wife Jodi. The two have two daughters one a Stanford graduate and the other a sophomore at Duke. Mike resides in Manchester, Vermont with his wife Anne and they have a son.

Leon Cooperman Education

He received his undergraduate at Hunter College and was an active member of the Alpha Epsilon Pi. In 1965, he became a quality control engineer at Xerox. Cooperman attained his MBA from Columbia Business School, graduating in 1967.

Leon Cooperman Short Hills Nj | House | Boca Raton

Cooperman resides in the Short Hills neighborhood of Millburn, New Jersey since the 1970s. However, he spends most of his time in Boca Raton, Florida. There is an aerial view of his houses, however, there are no clear details on the design of the houses.

Leon Cooperman Holdings | Top Holdings

His firm Omega Advisors consist of COOP holdings of 8.88% with GOOGL of 8.73% and Ath of 6.70%. The firm has disclosed 56 total holdings in its latest 13F filing with the SEC for the portfolio date of December 2021. The current portfolio value is calculated to be $1.99 Bil with a turnover rate of 4%.

Leon Cooperman Cnbc | Cnbc Today | Cnbc Full Interview

He appeared in an interview on CNBC to discuss the January 2021 GameStop short squeeze situation, angrily saying it was caused by “people sitting at home getting checks from the Government”. Moreover, he also attacked President Biden, for whom he said he had voted, regarding potential capital gains tax increases. Moreover, the Cnbc later cut that portion of the video from their online article about his appearance.

Leon Cooperman Portfolio | Stock Portfolio

Cooperman’s current portfolio as of December 2021, are the top 5 holdings including Mr. Cooper Group Inc (COOP), Alphabet Inc (GOOGL), Athene Holding Ltd (ATH), Devon Energy Corp (DVN), The Cigna Group (CI), not including call and put options. Moreover, Cooperman did not buy any new stocks in the current portfolio.

Leon Cooperman Stock Picks Today | Stocks | Top Picks

He shared some of his wisdom about investing as well as his stock picks for 2023 during an interview with Forbes. Cooperman is also a founding Master Player of the Portfolios with Purpose virtual stock trading contest.

Leon Cooperman 13f

His firm has disclosed 56 total holdings in their latest 13F filing has data from 13F quarterly reports, 13D/G beneficial ownership reports, and form 4 insider ownership change reports.

Leon Cooperman Alphabet

Alphabet Inc (GOOGL) is one of Cooperman’s top holdings and it is the best investment. He states that Alphabet “is my biggest position,” as a top stock with a fortress balance sheet.

Leon Cooperman St Barnabas

Cooperman and his wife Toby donated $100 million to Saint Barnabas Medical Center in Livingston, New Jersey on September 30, 2021. The donation was in honor of the family’s gift which will continue to develop as a state-of-the-art medical campus and a leader in protecting and supporting the health of the community.

Leon Cooperman Book

He has written a memoir From The Bronx To Wall Street: My Fifty Years in Finance and Philanthropy in July 2023. The book encompasses a quarter-century with Goldman Sachs and then the management of his own successful hedge fund, Omega Advisors. He traces his life story from his roots as the son of immigrant parents in the Bronx through his days as an undergraduate at Hunter College. The book has 212 pages available on Hardcover at $32.93.

Leon Cooperman Library

He has Leon and Toby Cooperman Library which is located at 695 Park Avenue, East Building, New York. The library has networked computer classrooms, individual and group study rooms, special facilities for students with disabilities, and labs for word processing and internet access.

Leon Cooperman Foundation

He is a charitable member of the Songs of Love Foundation which records personalized music for those facing chronic illness. He also presented a One Million Dollar Four-Year Challenge Grant from The Leon and Toby Cooperman Family Foundation on June 7, 2017. The Family Foundation  also pledged $25 million to the Saint Barnabas Medical Center for the construction of a new 200,000-square-foot Cooperman Family Pavilion in April 2014.

Leon Cooperman Events | Recession

He has a “cautious view” on the outlook for financial markets and the US economy, predicting a recession next year leading to a sharp decline in equities. During an interview with Bloomberg Surveillance, he stated “When the recession hits, which will be a 2023 event — the market will find a bottom somewhere between 35% and 40% below its peak of 4,800”.

Leon Cooperman Omega | Family Office

He serves as chairman and CEO of Omega Advisors, an investment advisory firm managing over $3.3 billion in assets under management. he formed the firm after leaving Goldman Sachs. Moreover, he retired in 2016 and converted Omega into a family office in 2018. His firm agreed to a $4.9 million settlement with the SEC which was part of the agreement, Omega Advisers admitted no wrongdoing. However, Cooperman and Omega agreed to ongoing compliance monitoring until 2022.

Leon Cooperman Net Worth | Net Worth 2021

Cooperman is an 80-year-old American billionaire investor, hedge fund manager, and CEO and Chairman of Omega Advisors. From his work, he has attained decent fortune. His net worth is $2.5 Billion.

Who Is Leon Cooperman

Cooperman is an 80-year-old American billionaire investor and hedge fund manager. He serves as CEO and Chairman of Omega Advisors an investment advisory firm managing over $3.3 billion in assets under management. He has written a memoir From The Bronx To Wall Street: My Fifty Years in Finance and Philanthropy in July 2023. In addition, he retired in 2016 and converted Omega to a family office in 2018.

How Old Is Leon Cooperman

He is 80 years old born in South Bronx, New York City, in the United States on April 25, 1943.

What Is Leon Cooperman Buying

His largest exposure is to energy stocks that “have cost me some money this year”. Also, he considering investing in mortgage REITs.