Gabe Plotkin Bio | Wikipedia
Gabe Plotkin ( full name: Gabriel Plotkin ) is a famous American businessman who is the founder of Melvin Capital Management. He is also the founder of Tallwoods Capital LLC and the majority owner of the Charlotte Hornets. In June 2023, he purchased the Charlotte Hornets from majority owner, Michael Jordan along with Rick Schnall. In addition, he has a net worth of $300M and founded Tallwoods Capital LLC in 2022, and is the firm’s chief investment officer.
Gabe Plotkin Age | Maine
He was born in Portland, Maine, in the United States in 1978. Plotkin is 45 years old.
Gabe Plotkin Height
He is a man of average stature. Plotkin stands at a height of 5 ft 8 in ( approx. 1.73m ).
Gabe Plotkin Family
He was born in Portland, Maine, in the USA to his devoted parents. Plotkin holds an American nationality and is from a Jewish family. He has not stated his parent’s whereabouts and their names as well as whether he has any siblings. Thus, information regarding his parents remains unknown to the public.
Gabe Plotkin Wife
He is married to his wife Yaara Bank-Plotkin since 2006. Yaara is Queens, New York native. The couple has a son Eytan Shmerel. The two share a passion for the land of Israel that connected them to the Chabad Israel Center and Rabbi Uriel and Shevy Vigler.
Gabe Plotkin Education
Upon graduating with his high school diploma, he enrolled at Northwestern University. He pursued and graduated with his degree in Economics.
Gabe Plotkin House | Miami House | Miami
In November 2020, he acquired the Choeff Levy Fischman-designed 6360 North Bay Road and 6342 North Bay Road on Miami Beach for $44 Million. Moreover, he applied to demolish an 80-year-old home on the 6342 North Bay Road site in order to build a tennis court. The 6360 North Bay Road mansion was designed by Choeff Levy Fischman and also offers the ultimate in waterfront living and year-round entertainment.
Moreover, it contains an eight-bedroom eight-bath main house, a four-bedroom four-bath guesthouse, and a cabana house. Furthermore, the mansion is spread over 13,381 square feet with 2,700 square feet of covered outdoor space and a 3,000 square foot rooftop deck.
Gabe Plotkin Gamestop
Plotkin struggled with heavy losses in 2021 as it reeled from wrong-way bets on GameStop. GameStop was targeted by members of the Reddit community Wall Street Bets. However, his firm received a $2.75 billion bailout following the trading fallout from Ken Griffin’s Citadel and Steven Cohen’s Point72.
Gabe Plotkin Melvin Capital
In 2014, he founded Melvin Capital named after his late grandfather. Plotkin announced that the fund would close and return any remaining customer funds by June 2022. The fund assets under management in April 2022 were about $7.8 billion. Furthermore, Melvin Capital began January 2022 down 17%.
Gabe Plotkin Now | Family Office
He founded Tallwoods Capital LLC in 2022 and is the firm’s chief investment officer. In 2017, he was one of the highest-earning hedge fund managers with $300 Million in earnings. Moreover, Tallwoods Capital is a Miami Beach-based family office that focuses on long-term investments.
Gabe Plotkin Hornets | Rick Schnall
In June 2023, he purchased the Charlotte Hornets from majority owner, Michael Jordan along with Rick Schnall. The Hornets announced that the sale of the majority stake in the franchise from Michael Jordan to Gabe Plotkin and Rick Schnall had been finalized on August 3, 2023. Schnall is a 54-year-old American businessman, and co-president of the private equity firm Clayton, Dubilier & Rice. He is also the majority owner of the Charlotte Hornets and the minority owner of the Atlanta Hawks.
Gabe Plotkin Movie
Plotkin will be portrayed by Seth Rogen in the upcoming movie Dumb Money. The movie tells the story of the GameStop short squeeze and its impact on Wall Street.
Gabe Plotkin Michael Jordan | Jordan | 2023
In June 2023, he purchased the Charlotte Hornets from majority owner, Michael Jordan along with Rick Schnall. Michael is a 60-year-old former professional basketball player and businessman. He was part-owner and head of basketball operations for the Charlotte Hornets (then named the Bobcats) in 2006. He sold the majority of the stake in 2023 but he continues to hold a minority interest.
Gabe Plotkin Sac
Upon graduating, Plotkin worked for S.A.C. Capital Advisors. The hedge fund was founded by Steve Cohen, who was one of its top traders. The firm is said to have lost many of its traders in the wake of various investigations by the Securities and Exchange Commission (SEC).
Gabe Plotkin Net Worth
Plotkin is a 45-year-old American businessman who is the founder of Melvin Capital Management, Tallwoods Capital LLC, and the majority owner of the Charlotte Hornets. From his businesses, he has a net worth of $400 Million.
Who Is Gabe Plotkin
Plotkin is a 45-year-old American businessman who is the founder of Melvin Capital Management. He is also the founder of Tallwoods Capital LLC and the majority owner of the Charlotte Hornets. In June 2023, he purchased the Charlotte Hornets from majority owner, Michael Jordan along with Rick Schnall. In addition, he has a net worth of $300M and founded Tallwoods Capital LLC in 2022, and is the firm’s chief investment officer.
How Old Gabe Plotkin
Plotkin is 45 years old born in Portland, Maine, in the United States in 1978.
Is Gabe Plotkin Married
Yes. He married his wife Yaara Bank-Plotkin in 2006. Yaara is Queens, New York native, the two share a passion for the land of Israel. The couple has a son Eytan Shmerel.