| Net Worth | $1 billion |
|---|---|
| Salary | N/A |
| Birthdate | November 20, 1968 |
| Birthplace | New Jersey, USA |
| Gender | Male |
| Height | N/A |
| Profession | Investor, Hedge Fund Manager |
| Nationality | American |
Table of Contents
- What is David Einhorn’s Net Worth?
- Highlights
- Early Life
- Career
- Greenlight Capital
- Personal Life
- Net Worth Over Time
- Components of Net Worth
What is David Einhorn’s Net Worth?
David Einhorn is an investor and hedge fund manager who has a net worth of $1 billion. He founded Greenlight Capital, a hedge fund known for its specialization in corporate debt offerings and equities in North America. Einhorn gained recognition for his successful short selling of Lehman stock prior to the collapse of Lehman Brothers in 2008. Apart from his hedge fund career, Einhorn is also an amateur poker player and has participated in several World Series of Poker tournaments.
Highlights
- David Einhorn’s net worth is $1 billion.
- He is the founder of Greenlight Capital.
- Einhorn’s successful short selling of Lehman Brothers stock gained him significant attention.
- He is an amateur poker player and has competed in World Series of Poker tournaments.
Early Life
David Einhorn was born on November 20, 1968, in New Jersey as the eldest of three boys to Jewish parents Nancy and Stephen Einhorn. His father established the consulting firm Einhorn & Associates and the venture capital fund Capital Midwest Fund. In the mid-1970s, the family moved to Wisconsin, where Einhorn attended Nicolet High School in Glendale. He graduated from Cornell University with a BA in government in 1991.
Career
After completing his education, David Einhorn started his career as an investment banker on Wall Street. He worked with the boutique investment bank Donaldson, Lufkin & Jenrette for two years before joining the hedge fund Siegler, Collery & Co.
Greenlight Capital
In 1996, David Einhorn founded Greenlight Capital, a hedge fund that initially focused on short selling weak financial firms such as Conseco and Sirrom Capital. The fund gained attention for shorting Lehman Brothers stock, with Einhorn believing that the firm had significant exposures to illiquid real estate investments that were inaccurately reported. Lehman Brothers subsequently filed for bankruptcy in 2008. Greenlight Capital faced challenges in later years, with its assets under management decreasing from around $12 billion to $5.5 billion between 2014 and 2018.
Personal Life
David Einhorn married financial reporter and media consultant Cheryl Strauss in 1993. The couple had three children before their divorce in 2017. Einhorn currently resides in Westchester County, New York.
Net Worth Over Time
David Einhorn’s net worth has fluctuated over the years due to the performance of his hedge fund, Greenlight Capital. As of now, his net worth is estimated to be $1 billion.
Components of Net Worth
David Einhorn’s net worth primarily consists of his ownership stake in Greenlight Capital and his investments in various financial assets. The performance of Greenlight Capital directly impacts his net worth as it is the main source of his wealth.
Disclaimer: All net worth figures mentioned are based on public sources and estimates. Corrections and feedback regarding the accuracy of these figures are welcome.
ncG1vNJzZmimkaLAsHnGnqVnm59kr627xmibmq6ZmXqmtc2hpqumXaOytXnWqKmtoF8%3D