Michael Platt’s profile picture

Michael Platt

Founder, BlueCrest Capital Management
Michael Platt’s profile picture
Net worth 2018: $6.93 Billion
Residence: Geneva, Switzerland
BirthDay: 23 March 1984
Sigh: Aries
Education: Bachelor of Arts / Science, London School of Economics; Bachelor of Arts / Science, London School of Economics
BIOGRAPHY

Michael Platt was bornon 23 March 1984 in Geneva, Switzerland, United Kingdom, is Founder, BlueCrest Capital Management. Michael Platt is #248 in List Billionaires People In The World. Highly leveraged bets on interest rates paid off for Platt in 2016 as his supersized family office turned in a 50% return net of costs. Platt co-founded BlueCrest Capital Management in late 2000 after nearly a decade at JP Morgan. Platt grew BlueCrest into one of the world's largest hedge fund managers with more than $35 billion in assets at its peak, offering low-volatility funds marked by rapid trading across a wide variety of markets. A push into equities and poor results led to investor exits and he handed outside investors their money back in 2015, joining the likes of George Soros and Steve Cohen in running a family office that resembles a big hedge fund. Platt has more than 100 teams of professional traders managing money for his own account.

NET WORTH STATISTIC
2014

$3.6 Billion

2015

$3.5 Billion

2016

$3 Billion

2017

$4.5 Billion

2018

$6.93 Billion

TIMELINE
2014

In October 2014, Platt played in the European Cup competition

2011

He extended his contract in 2011 for a further 2 years, meaning he will stay with the Bulls until at least 2013

2008

He was named in the Ireland training squad for the 2008 Rugby League World Cup, and the Ireland squad for the 2008 Rugby League World Cup

2007

However he was called up for the Great Britain Squad for the 2007 test series with New Zealand, and played at full back for the prestigious Northern Union game against All Golds in a centenary match

2005

Michael then joined the Castleford Tigers, and helped the Tigers gain promotion in 2005

2004

His impressive début season was somewhat blighted by a broken jaw, although he did go on to win the National League's Young Player of the Year award in 2004

2001

Platt started his career at the Salford City Reds, making his début in Super League against the Wakefield Trinity Wildcats in the final game of the 2001 season at just 17

1984

Michael Platt (born 23 March 1984) is a rugby league player who plays for the Salford Red Devils; he joined the Salford Red Devils in April 2014 and is contacted until the end of the 2014 season following a successful trial with the Superleague club

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