Israel Englander’s profile picture

Israel Englander

Founder, Millennium Management, L.L.C.
Israel Englander’s profile picture
Net worth 2018: $5.2 Billion
Industry: Investments
Residence: New York, New York
Country: United States
BirthDay: 1948
Children: 3
Education: Bachelor of Arts / Science, New York University
BIOGRAPHY

Israel Englander was bornon 1948 in New York, New York, United States, is Founder, Millennium Management, L.L.C.. Israel Englander is #383 in List Billionaires People In The World. Israel Englander founded Millennium Management in 1989 with $35 million. Now, the hedge fund firm manages more than $35 billion. Israel Englander, or Izzy, is the son of Polish immigrants. Englander's shop uses a multi-manager platform, feeding more capital to those who perform well and getting rid of those who perform poorly.

NET WORTH STATISTIC
2009

$1.7 Billion

2010

$1.85 Billion

2011

$2.1 Billion

2012

$2.7 Billion

2013

$3 Billion

2014

$3.4 Billion

2015

$4.8 Billion

2016

$5 Billion

2017

$5.2 Billion

2018

$5.2 Billion

TIMELINE
2017

The fund was started with $35 million and as of February 2017 has $34

2016

2 billion USD, he is the 91st richest man in the United States and was the 8th highest earning hedge fund manager in 2016

2013

At the end of 2013, Millennium had 1500 employees in more than 12 offices around the world

2006

In 2006, the Englander Foundation, headed by Englander and his wife, donated $20 million to mostly Jewish organizations and schools

1990

The firm got off to a rough start and Shear left in 1990

1989

In 1989, Englander started Millennium Management, LLC with Ronald Shear - whom he knew from his time at the American Stock Exchange - with $35 million in seed money (including $5 million from Englander himself and another $2 million from the Belzberg family)

1988

Jamie Securities was dissolved in 1988, due to the negative publicity in the aftermath of Mulheren's situation

1985

In 1985, Englander and his partner John Mulheren Jr

1970

In 1970, he graduated from New York University with a B

1948

Israel "Izzy" Englander was born in 1948 and was raised in a Jewish family in the Crown Heights neighborhood of Brooklyn

1947

His parents were immigrants from Poland who arrived in the United States in 1947 after being deported to a Soviet labor camp after the war, where Englander's two older sisters were born

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