Daniel Loeb’s profile picture

Daniel Loeb

Founder, Third Point
Daniel Loeb’s profile picture
Net worth 2018: $3.16 Billion
Residence: New York, New York
Country: United States
BirthDay: 18 December 1961
Sigh: Capricorn
Education: Bachelor of Arts / Science, Columbia University
BIOGRAPHY

Daniel Loeb was bornon 18 December 1961 in New York, New York, United States, is Founder, Third Point. Daniel Loeb is #703 in List Billionaires People In The World. Dan Loeb is the founder of Third Point, a hedge fund that manages some $17 billion. Loeb is known for launching activist campaigns against corporate boards, shaking up companies in various industries and countries. While many activist hedge fund managers have struggled in recent years, Loeb's hedge fund has consistently posted solid returns.

NET WORTH STATISTIC
2012

$1.3 Billion

2013

$1.65 Billion

2014

$2.3 Billion

2015

$2.7 Billion

2016

$2.6 Billion

2017

$2.9 Billion

2018

$3.16 Billion

TIMELINE
2016

Loeb wrote in a March 27, 2016 letter to Seven & I directors, "Mr

2015

In 2015, Loeb, Paul Singer and Tim Gill helped fund Freedom For All Americans to promote LGBT issues in states and local communities in the United States

2014

On February 20, 2014, Loeb attended a discussion between the American Enterprise Institute and the Dalai Lama

2013

He is a prominent art collector and the walls at his Park Avenue office are covered with paintings", according to a New York Times August 26, 2013 article

2011

In 2011, 2012, and 2013, Loeb and his wife made significant donations to the Alzheimer's Drug Discovery Foundation (ADDF), which funds over 400 Alzheimer's drug discovery programs in academic centers and biotechnology companies in 18 different countries

2009

At a Sotheby's auction in 2009, Manhattan dealer Larry Gagosian purchased Jeff Koons' Baroque Egg With Bow (Turquoise/Magenta) for $5

2007

"In January 2007, when John Higgins became CEO of Ligand Pharmaceuticals, Loeb bought into the biotech firm to cut its losses and grow revenue

2005

"A 2005 New York Times article reported that many hedge-fund managers were now writing letters to the SEC demanding executives take specific actions and cited Loeb's letter to Sevin as exemplary of the genre, noting that three weeks after the letter was sent, "Sevin was gone, and a jubilant Mr

2004

4 million from Loeb, who had bought it from the Gagosian Gallery in 2004 for about $3 million

1995

Loeb started Third Point Management in 1995 "with $3

1994

He moved on to become a Citigroup vice president from 1994–95, in charge of high-yield bond sales

1991

After Island Records, Loeb worked as a risk arbitrage analyst at Lafer Equity Investors and then, from 1991 to 1994, as senior vice-president in the distressed debt department at Jefferies LLC

1984

From 1984 to 1987, Loeb worked at private equity firm Warburg Pincus

1961

Daniel Seth Loeb (born December 18, 1961) is an American investor, hedge fund manager, and philanthropist

(3.7/198 votes)
Related Person
Martin Ebner’s profile picture
Martin Ebner
Net Worth is $3.25 Billion
Alexander Svetakov’s profile picture
Alexander Svetakov
Net Worth is $3.25 Billion
Vincent Viola’s profile picture
Vincent Viola
Net Worth is $3.24 Billion
Alvaro Saieh Bendeck’s profile picture
Alvaro Saieh Bendeck
Net Worth is $3.18 Billion
Daniel Loeb’s profile picture
Daniel Loeb
Net Worth is $3.16 Billion
Christopher Hohn’s profile picture
Christopher Hohn
Net Worth is $3 Billion