Donald Sussman Bio | Wiki
Donald Sussman is a noted American asset manager and philanthropist. He works as the founder and CEO of the Paloma Funds. He has also served on several boards of civic, cultural, educational, and research institutions. In addition, he is a major contributor to Democratic candidates and causes.
Donald Sussman Age
He was born in Miami, Florida, in the United States on June 8, 1946. Sussman is 77 years old and celebrates his birthday every year on June 8.
Donald Sussman Height
He is a man of average stature. Sussman stands at a height of 5 ft 8 in ( approx. 1.73m ).
Donald Sussman Family
He was born in Miami, Florida, in the USA to his devoted parents. Sussman holds an American nationality. He is the son of Beatrice and William Sussman, who was a real estate developer.
Donald Sussman Wife
Sussman has been married twice and divorced twice. He was first married to Laurie Tisch from 1981 to 1992. Laurie is a 73-year-old American investor, philanthropist, and billionaire. She founded her charitable foundation, the Laurie M. Tisch Illumination Fund in 2007. She has a net worth of $1.2 Billion as of 2023. The duo has two children Emily Tisch Sussman, a Democratic strategist, political commentator, and campaign coordinator who runs progressive campaigns for organizations, and Carolyn Tisch Blodgett, a marketing strategist who served as CEO at Peloton during their highest growth period.
Sussman married Chellie Pingree, a Democratic U.S. representative from Maine in 2011 in a private ceremony on Turner Farm. Chellie announced an “amicable and truly mutual decision” to end their marriage in 2015 and their divorce was finalized in the summer of 2016.
Donald Sussman Education
He received his high school diploma from Windsor Mountain School, a boarding school in Lenox, Ma. Sussman then enrolled at Columbia College before transferring to New York University where he earned his bachelor’s degree and MBA degree.
Donald Sussman House | Fort Lauderdale
Sussman bought the three-bedroom, 5,570-square-foot house at 2 Harborage Isle in Fort Lauderdale in 2016. However, In 2022, he sold a waterfront lot in Fort Lauderdale for $17 million. In 1994, he purchased a home in Deer Isle, Maine, and a Turner Farm in 2008. Turner is a historic farm located on the island of North Haven, Maine, 12 miles offshore in Penobscot Bay.
Donald Sussman Yacht
He owns a 50m (164 ft) long yacht named BACCHUS. It was built at Westport Yachts in 2009 and the first owner was Leo Vecellio, who named her Lady Kathryn. Sussman bought the yacht in 2018. Moreover, the yacht can hold 12 guests and 11 cabin crew.
Donald Sussman Maine
He invested approximately $3.3 million in MaineToday Media through Maine Values LLC in 2012. He later sold MaineToday to Reade Brower, a Maine printer and newspaper owner in 2015.
Donald Sussman Paloma Partners
He serves as founder and CEO of the Paloma Funds, a Greenwich, Connecticut-based hedge fund with mostly institutional clients in 1981. He sought to keep fund strategies and management targeted rather than sprawling. Sussman sought to insulate the funds from market volatility as the firm achieved a profit in 15 out of its first 18 years.
Moreover, Sussman is the founder of Trust Asset Management and New China Capital Management LLC. He invested approximately $3.3 million in MaineToday Media through Maine Values LLC in 2012. He sold MaineToday to Reade Brower, a Maine printer and newspaper owner in 2015. Before, he began his finance career in 1958, when, at the age of 12, he made a sixfold return on a $300 investment in the stock of Michigan Sugar.
He worked as vice president and chief financial officer of the Titan Industrial Corporation. Furthermore, he managed money for the partners of a New York law firm, Gelberg & Abrams. In addition, Sussman has made substantial donations to educational, charitable, community, and political organizations.
Donald Sussman Net Worth | Net Worth Forbes
Sussman is a noted American asset manager and philanthropist whose assets include Paloma Partners, a large yacht, a business jet, and a large real estate portfolio contributing to his wealth. His net worth is $500 Million.
Is Michael Sussman Related To Donald Sussman
No. Sussman is not related to Michael Sussmann. Michael is a former federal prosecutor and a former partner at the law firm Perkins Coie.
What Is Donald Sussman Net Worth
He has a net worth of $500 Million as an American asset manager and philanthropist whose assets include Paloma Partners, a large yacht, a business jet, and a large real estate portfolio contributing to his wealth.
Who Is Donald Sussman
Sussman is a 77-year-old American asset manager and philanthropist. He works as the founder and CEO of the Paloma Funds. He has also served on several boards of civic, cultural, educational, and research institutions. In addition, he is a major contributor to Democratic candidates and causes. He began his finance career in 1958, when, at the age of 12, he made a sixfold return on a $300 investment in the stock of Michigan Sugar.