Bruce Kovner’s profile picture

Bruce Kovner

Founder, Caxton Associates LP
Bruce Kovner’s profile picture
Net worth 2018: $5.24 Billion
Industry: Investments
Residence: New York, New York
Country: United States
BirthDay: 25 February 1945
Sigh: Pisces
Children: 3
Education: Bachelor of Arts / Science, Harvard University
BIOGRAPHY

Bruce Kovner was bornon 25 February 1945 in New York, New York, United States, is Founder, Caxton Associates LP. Bruce Kovner is #375 in List Billionaires People In The World. Bruce Kovner is chairman of CAM Capital, founded in 2012, which manages his personal investment and business portfolios. Kovner is the founder and chairman of Caxton Associates, a global macro hedge fund. Kovner retired from the hedge fund in 2011 after running it for three decades. Kovner obtained his B.A. degree in Government from Harvard University in 1966. He lived in Quincy House during his time there.

NET WORTH STATISTIC
2009

$3.5 Billion

2010

$4.1 Billion

2011

$4.3 Billion

2012

$4.3 Billion

2013

$4.7 Billion

2014

$4.9 Billion

2015

$5.2 Billion

2016

$5.3 Billion

2017

$5.5 Billion

2018

$5.24 Billion

"Fundamentalists who say they are not going to pay any attention to the charts are like a doctor who says he's not going to take a patient's temperature."

Bruce Kovner
TIMELINE
2013

In 2013 Bruce and his wife, Suzie Kovner, endowed the Kovner Fellowship Program at Juilliard with a gift of $60 million - the largest one-time gift to the school

2012

In January 2012 he donated around $500,000 to Restore our Future, a Super PAC supporting the presidential campaign of Mitt Romney

2011

In September 2011, Kovner announced his retirement from his position as CEO at Caxton, succeeded by Andrew Law

2008

In 2008, he was inducted into Institutional Investor Alpha's Hedge Fund Manager Hall of Fame along with David Swensen, Louis Bacon, Steven Cohen, Kenneth Griffin, Paul Tudor Jones, George Soros, Michael Steinhardt, Jack Nash, James Simmons, Alfred Jones, Leon Levy, Julian Roberston, and Seth Klarman

2007

In 2007, he married Suzie Fairchild, the daughter of Robert Fairchild, and great-granddaughter of Louis Fairchild who founded the company with his brother, Edmund Fairchild, that became Fairchild Fashion Media, now a division of Condé Nast Publications

2006

Kovner also donated a collection of music manuscripts to Juilliard in 2006

2002

Kovner was a director of Synta Pharmaceuticals from 2002 to 2016

2001

A long-time supporter of The Juilliard School, Kovner has been chairman of the School's board since 2001

1996

Kovner established The Kovner Foundation in 1996 to support organizations that promote excellence in the arts and education, initiatives that defend private enterprise and protect individual rights, and scholarly studies and research that strengthen American democratic principles

1983

This ultimately led to the establishment of Caxton Associates, in 1983, which at its peak managed over $14B in capital and has been closed to new investors since 1992

1977

Kovner's first trade was in 1977 for $3,000, borrowed against his MasterCard, in soybean futures contracts

1973

In 1973, at age 28, he married artist Sarah Peter, in a Jewish ceremony in Connecticut

1962

Kovner went to Harvard College starting in 1962, a time marred by the hanging suicide of his mother back in his family's Van Nuys home in 1965

1953

Kovner spent his early years in the Borough Park section of Brooklyn with his parents and three siblings before the family relocated to suburban Los Angeles in 1953

1945

Bruce Stanley Kovner (born 1945) is an American investor, hedge fund manager, and philanthropist

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