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Billionaire investor Leon Cooperman prefers to shop for clothes wholesale and seems to like Costco lamb chops, according to interview

Abby Wallace   

Billionaire investor Leon Cooperman prefers to shop for clothes wholesale and seems to like Costco lamb chops, according to interview
Finance1 min read
  • Billionaire investor Leon Cooperman told The Post he uses public transport and shops wholesale for clothes.
  • He also appears to like Costco lamb chops, according to an interview with the newspaper.

Billionaire investor Leon Cooperman says he prefers to shop wholesale for clothes, appears to favour Costco lamb chops, and rides a vintage Schwinn bicycle around his neighbourhood, according to an interview he gave to The Washington Post.

Cooperman, whose fortune is estimated at $2.5 billion, also said he owned a Hyundai, which he used for running occasional errands.

Cooperman, 78, became a billionaire through his hedge fund Omega. He was formerly a partner at Goldman Sachs. He said he attended public school and waited tables before completing a self-funded PhD.

In his interview with The Post, Cooperman discussed going out to "grab some of those Costco lamb chops" and "see what's on special" at the store. He also said he preferred commuting to work on public transit.

Cooperman lives in a $5 million Florida mansion that features a custom-built infinity pool, although Cooperman told The Post he'd never used it. His neighbourhood is guarded by a canal and infrared security system, packed with designer homes, and he often takes walks at St. Andrews Country Club in Boca Raton, The Post said.

Cooperman told the newspaper: "I could buy a Picasso for a hundred million, but it doesn't turn me on, so then what? We live a very rational lifestyle."

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