Louis Bacon Bio | Wiki
Louis Bacon is a well-known American investor, hedge fund manager, and philanthropist. He is the chief executive and founder of Moore Capital Management. As of February 2017, Forbes Magazine estimates his net worth to be US$1.81 billion, making him the 374th richest person on the Forbes 400. In addition, he purchased Taos Ski Valley from the Blake family in December 2013.
Louis Bacon Age
He was born on July 25, 1956, in Raleigh, North Carolina, in the United States. Bacon is 66 years old.
Louis Bacon Height
He is a man of average stature. Bacon stands at a height of 5 ft 8 in (Approx 1.73 m)
Louis Bacon Family
He was born to his hardworking parents in Raleigh, North Carolina, in the United States. Bacon is the son of Zachary Bacon Jr. His father founded the real estate company Bacon & Co. He also led Prudential Financial’s and Merrill Lynch’s real estate efforts in North Carolina. He grew up along with Zack Bacon III, Julian Robertson Williamson, Blanche Spencer Williamson, Benjamin Robert Williamson Jr., and Bart Bacon.
Louis Bacon Wife
He is happily married to his wife Gabrielle Sacconaghi in 2007 in Manhattan. Gabrielle is a Canadian socialite and art adviser. She worked at Sotheby’s in London as a liaison in private client services from 1992 to 1999. Bacon is a father of seven children.
First, he was married to Cynthia Pigott in 1986, in the chapel of St Bartholomew’s Episcopal Church in New York. Cynthia is a former Newsweek magazine staff member. She graduated from Chapin School and Colby College. The couple divorced in 2002, after having four children together. Bacon attained Austrian citizenship in 2002, after a special provision for figures who have made notable achievements for Austria.
Louis Bacon Education
He recieved his high school diploma from Episcopal High School in Alexandria, Virginia. Bacon later graduated from Middlebury College in Vermont where he received his BA in American literature in 1979. In 1981, he attained his MBA degree in finance at Columbia Business School. During his time at Columbia, he traded commodities using a low-interest loan he had received.
Louis Bacon Son
His son Louis Dillon Ingraham Bacon joined Goldman Sachs in London after he was registered active on January 19, 2016. Dillon Ingraham is working as an analyst in its investment bank.
Louis Bacon House
Bacon owns Robins Island which is roughly 435 acres with miles and miles of waterfront. He purchased the Trinchera Ranch in Costilla County, Colorado from the Forbes family in November 2007. The ranch was a 171,400-acre (694 km2) property sold for $175 million. Also, in 2010 Bacon purchased the Orton Plantation in North Carolina.
Louis Bacon Siblings
Bacon grew up along with Zack Bacon III, Julian Robertson Williamson, Blanche Spencer Williamson, Benjamin Robert Williamson Jr., and Bart Bacon.
Louis Bacon Investor
After attaining her master’s degree, he joined the sales and trading program at Bankers Trust. He left the firm returning to Walter N. Frank & Co. and traded currencies. Bacon served as a broker and trader of financial futures at Shearson Lehman Brothers and eventually became the senior vice president for their futures trading division.
He formed Remington Trading Partners in 1987 and his market insights allowed him to profit during the market crash and subsequent rebound. Moreover, he founded Moore Capital Management LLC in 1989 using his middle name and also formed Moore Global Investments in 1990 with his family inheritance.
Forbes magazine ranked Bacon as the 746th richest person in the world in 2006 and in 2011 it ranked him as the 736th richest man. Further, in March 2010, Forbes ranked him as the 655th richest person in the world with a net worth of $1.5 billion.
Bacon purchased Taos Ski Valley in December 2013, from the Blake family, who had owned it since 1954. Additionally, as of March 2022, Bacon holds a substantial interest in EV startup, Fisker Inc. with Bacon’s Moore Capital Management holding 8.45 million Fisker shares.
Louis Bacon Net Worth
He has worked as a professional American investor, hedge fund manager, and philanthropist for over 20 years. From his success, he has gathered a decent fortune. Bacon’s net worth is $1.6 Billion.
Who Is Louis Bacon
Bacon is a well-known American investor, hedge fund manager, and philanthropist. He is the chief executive and founder of Moore Capital Management. As of February 2017, Forbes Magazine estimates his net worth to be US$1.81 billion, making him the 374th richest person on the Forbes 400.
How Much Is Louis Bacon Worth
Bacon has an estimated net worth of $1.6 Billion attained from working as a professional American investor, hedge fund manager, and philanthropist.
Is Louis Bacon Married
He is happily married to his wife Gabrielle Sacconaghi in 2007 in Manhattan. Gabrielle is a Canadian socialite and art adviser. She worked at Sotheby’s in London as a liaison in private client services from 1992 to 1999. Bacon is a father of seven children.