Louis Bacon’s profile picture

Louis Bacon

Founder, Moore Capital Management, LP
Louis Bacon’s profile picture
Net worth 2018: $1.6 Billion
Industry: Investments
Residence: Oyster Bay, New York
Country: United States
BirthDay: 25 July 1956
Sigh: Leo
Children: 7
Education: Bachelor of Arts / Science, Middlebury College; Master of Business Administration, Columbia Business School
BIOGRAPHY

Louis Bacon was bornon 25 July 1956 in Oyster Bay, New York, United States, is Founder, Moore Capital Management, LP. Louis Bacon is #1458 in List Billionaires People In The World. One of Wall Street's macro trading legends, Bacon cut his teeth as a commodities and currencies trader, earning big profits in the 1987 market crash. He created hedge fund Moore Capital in 1989 using trading profits and a small inheritance. Bacon's Moore Capital hedge fund manages $13.4 billion in assets and is not knocking out the kind of impressive returns that it used to score.

NET WORTH STATISTIC
2009

$1.5 Billion

2010

$1.7 Billion

2011

$1.4 Billion

2012

$1.3 Billion

2013

$1.4 Billion

2014

$1.6 Billion

2015

$1.8 Billion

2016

$1.8 Billion

2017

$1.8 Billion

2018

$1.6 Billion

TIMELINE
2017

81 billion, making him the 374th richest person on the Forbes 400 as of February 2017

2015

In 2015, Bacon donated $1 million to a Super PAC supporting the presidential candidacy of Jeb Bush

2013

He is the 2013 recipient of the Audubon Medal, given in recognition of outstanding achievement in the field of conservation and environmental protection

2012

In June 2012, United States Secretary of Interior Ken Salazar and United States Fish and Wildlife Service Director Daniel M

2011

In May 2011, the High Court in London granted Bacon a court order to obtain information from the Wikimedia Foundation, The Denver Post, and WordPress as to the identities of internet users alleged to have defamed him

2010

In 2010, Bacon purchased the Orton Plantation in North Carolina which was built by his ancestor, Roger Moore, son of James Moore, in 1735

2008

His key conservation projects include:In 2008, he was inducted into Institutional Investors Alpha's Hedge Fund Manager Hall of Fame along with David Swensen, Seth Klarman, Steven Cohen, Kenneth Griffin, Paul Tudor Jones, George Soros, Michael Steinhardt, Jack Nash, James Simmons, Alfred Jones, Leon Levy, Julian Roberston, and Bruce Kovner

2007

In November 2007, Bacon purchased the Trinchera Ranch in Costilla County, Colorado from the Forbes family

2006

In 2006, Forbes named Bacon as the 746th richest person in the world, and in 2011 he was listed as the 736th richest man

2002

In 2002 Bacon obtained the Austrian citizenship due to a special treatment for celebrities who have provided notable achievements for Austria

1992

In 1992, Bacon created The Moore Charitable Foundation (MCF) to provide financial support to nonprofit organizations that work to preserve and protect wildlife habitat and improve water systems

1991

In 1991, Bacon was 20th on the list of Financial World's Top 100 Wall Street Earners list

1989

In 1989, Bacon used his middle name in founding Moore Capital Management LLC and in 1990 created Moore Global Investments using the $25,000 he inherited from his family

1987

In 1987 Bacon founded Remington Trading Partners and his market insights allowed him to profit during the market crash and subsequent rebound

1986

In 1986 Bacon married Cynthia Pigott, a former Newsweek magazine staff member whom he later divorced in 2002

1981

He subsequently received his MBA degree in finance at Columbia Business School in 1981

1979

He attended Middlebury College in Vermont where he received his BA in American literature, graduating in 1979

1965

5 billion and the 655th richest person in the world

1956

Bacon was born in Raleigh, North Carolina on July 25, 1956

(4.8/188 votes)
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