Bill Ackman Bio | Wiki
Bill Ackman is a noted American billionaire hedge fund manager. He is the founder and CEO of Pershing Square Capital Management. He is an activist investor in his investment approach. Ackman has a Pershing Square Capital Management holding portfolio of $11.6 Billion. In addition, he has an estimated net worth of $3.5 billion according to Forbes as of June 2023.
Bill Ackman Age
He was born in Chappaqua, New York, in the United States on May 11, 1966. Ackman is 57 years old.
Bill Ackman Height
He is a man of above-average stature. Ackman stands at a height of 5 ft 9 in ( approx. 1.75m ).
Bill Ackman Family
He was born to his American parents in Chappaqua, New York, in the United States. Ackman holds an American nationality and is of Ashkenazi Jewish descent. He is the son of Lawrence David Ackman, the former chairman of a New York real estate financing firm, Ackman-Ziff Real Estate Group, and Ronnie I.
Bill Ackman Wife | Neri Oxman | Spouse | Girlfriend
Ackman became engaged to his then-girlfriend, Dr. Neri Oxman in 2018 and the two got married at the Central Synagogue in Manhattan in January 2019. The couple welcomed their daughter in the spring of 2019. He was previously married to Karen Ann Herskovitz from July 10, 1994, to 2018. Karen is a landscape architect. The two have three children. The couple was reported as separated on December 22, 2016.
Bill Ackman Daughter
He has three daughters Eloise, Lucy, and Liza Ackman. On June 1, 2020, King K. Roolêan Perspective shared a photo of Eloise, Ackman’s daughter on Twitter.
Bill Ackman Education
Upon graduating with his high school diploma, he received a Bachelor of Arts degree magna cum laude in social studies from Harvard College in 1988. Ackman wrote a thesis on “Scaling the Ivy Wall: the Jewish and Asian American Experience in Harvard Admissions.” Moreover, he attained his master’s degree in Business Administration from Harvard Business School in 1992.
Bill Ackman Height and Weight
He is a man of above-average stature standing at 5 ft 9 in and weighs 75 kg ( approx. 165 lbs ).
Bill Ackman Houses | Home | Apartment
He resides at the luxury Beresford apartment building on the other side of the museum. This is where his wife saw Friday’s pink penthouse. Neri and Ackman bought the four Friday apartments in November 2018 for a total of $22.5 million. He also bought a penthouse of the 1,005ft skyscraper One57 for $91.5m as a “fun investment” in 2015.
Bill Ackman Portfolio | Stock Portfolio
Ackman has a Pershing Square Capital Management holding portfolio of $11.6 Billion. Pershing Square focuses on long-term, value-oriented investing and employs a concentrated portfolio strategy. His top 5 portfolios in 2023 include Chipotle Mexican Grill Inc (CMG), Restaurant Brands International Inc (QSR), Lowe’s Companies Inc (LOW), Hilton Worldwide Holdings Inc (HLT), and also The Howard Hughes Corp (HHC).
Bill Ackman 13f
His firm Pershing Square Capital Management has disclosed a total of 8 security holdings in their (2023 Q1) SEC 13F filing(s) with portfolio value of $10,216,505,875. Ackman’s 13f portfolio fillings are available at 13f.info.
Bill Ackman Herbalife
Herbalife is an investment that makes money when the stock price falls. Ackman made a short bet against Herbalife in December 2012, where he called the nutritional supplements company a pyramid scheme that he thought would eventually go to zero. Moreover, he has sworn off future short-selling campaigns with Herbalife.
Bill Ackman Young
He founded the investment firm Gotham Partners with fellow Harvard graduate David P. Berkowitz in 1992. He then partnered with the insurance and real estate firm Leucadia National to bid for Rockefeller Center in 1995. After three years, Gotham had $500 million in assets under management (AUM). Moreover, Ackman researched MBIA in order to challenge Standard & Poor’s AAA rating of its bonds in 2002. This led to being charged for copying 725,000 pages of statements regarding the financial services company as part of his law firm’s compliance with a subpoena.
Bill Ackman Reading List | Book
He has recommended several books that one needs to read. The books are:
- The Intelligent Investor
- Beating the Street
- Margin of Safety
- Security Analysis
- The Warren Buffett Way
- One Up on Wall Street
- The Essays of Warren Buffett
- Business Adventures
- Quality of Earnings
- Confidence Game
- Fooling Some of the People All of the Time
Bill Ackman Pershing Square | Hedge Fund | Holdings | Fund
He began Pershing Square Capital Management with $54 million from his personal funds in 2004 with former business partner Leucadia National. He began buying J. C. Penney shares, paying an average of $22 for 39 million shares or 18% of J.C. in 2010. He stepped down from the board following a disagreement with fellow board members in August 2013.
The film then launched a new closed-end fund called Pershing Square Holdings, which raised $3 billion in an October 2014 IPO on Amsterdam’s Euronext stock market.
Bill Ackman Carl Icahn
Carl Icahn is an American financier and the founder and controlling shareholder of Icahn Enterprises. Ackman and Carl developed a feud over a deal involving Hallwood Realty in 2003. He also bought shares of Herbalife International (HLF) after Ackman issued a research report that was critical of Herbalife’s multi-level marketing business model.
Bill Ackman Spac
His company Pershing Square Tontine Holdings filed $4 billion for the largest-ever blank-check company IPO in June 2020. Moreover, he addressed PSTH shareholders saying that he would return the funds of the SPAC in July 2022.
Bill Ackman Tennis
Ackman and Ahmad Nassar, executive director and CEO of the Professional Tennis Players Association joined CNBC’s ‘Squawk Box’ in September 2022. They discussed the billionaire investor’s decision to co-lead a new investment into the organization co-founded by tennis star Novak Djokovic.
Bill Ackman Covid Trade | News
Ackman, CEO of Pershing Square Capital Management, made $3.85 billion on $204 million of bets at both ends of the pandemic. He purchased $27 million of securities that would gain in value if corporate bonds fell in Late February 2020. After several weeks, he sold it for $2.6 billion, a profit of almost 100 times his investment.
Bill Ackman Valent
He testified before the United States Senate Special Committee on Aging along with Valeant Pharmaceuticals’ outgoing CEO, J. Michael Pearson, and the company’s former interim CEO, Howard Schiller in April 2016. He opened his testimony by saying, “As a shareholder of Valeant, I recognize my investment was an… endorsement of Valeant’s strategy.” Furthermore, he sold his remaining 27.2 million share position in Valeant to the investment bank Jefferies for about $300 million in March 2017.
Bill Ackman Salary
He earns a monthly income of three million with an annual salary of $300 Million as CEO of Pershing Square Capital Management.
Net Worth Of Bill Ackman
Ackman is a noted American billionaire hedge fund manager as well as the founder and CEO of Pershing Square Capital Management. He has earned a net worth of $3.5 billion as per Forbes as of June 2023.
How much money did Bill Ackman start with
He and co-founder David Berkowitz opened Gotham’s doors with $3 million in investment capital, which was his first firm.
What Is Bill Ackman Doing Now
Ackman is working as the founder and CEO of Pershing Square Capital Management. He is an activist investor in his investment approach.
How Much Is Bill Ackman Worth
He has an estimated net worth of $3.5 billion as per Forbes as of June 2023 from working as a billionaire hedge fund manager as well as the founder and CEO of Pershing Square Capital Management.