+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Dan Loeb turned $3 million into a $17.5 billion hedge fund empire in 20 years - here's his fabulous life

Jun 2, 2015, 02:29 IST

Hedge fund manager Daniel Seth Loeb founded Third Point LLC on June 1, 1995 with $3.4 million in capital.

Advertisement

The then-33-year-old had money from only five investors-all friends and family-and his own capital.

Today, the billionaire activist investor oversees around $17.5 billion in assets.

Since those early days, he has made a reputation for himself as a formidable money manager. As one fund manager recently put it, "he's one of the best investors of our generation."

So who is this activist investor? We're going to a take a tour through Loeb's life and find out.

Advertisement

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article