The Strategist

Top seven wealthiest financiers of the US

10/08/2018 - 16:09

Forbes magazine has published a list of the richest Americans. Among them are representatives of various industries. Below we describe seven richest Americans working in the field of finance, including investment, stock exchange trading, hedge funds, and fund management.

Top seven wealthiest financiers of the US
7. Stephen Schwarzman

Capital: $ 13.8 billion

Age: 71

Source of income: Blackstone Group

Stephen Schwarzman is an American businessman and investor, and also Head of Blackstone Group investment company. Schwarzman is an associate professor at the Yale University School of Management and Chairman of the Board of Trustees of the John F. Kennedy Center for the Performing Arts. On March 11, 2008, Schwarzman announced that he would allocate $ 100 million to expand the New York Public Library, of the board of trustees of which he is a member. One of the library’s buildings on the corner of 42th Street and 5th Avenue now bears his name.

6. Carl Icahn

Capital: $ 16.3 billion

Age: 82

Source of income: Icahn Enterprises

Carl Icahn is an American entrepreneur, financier and corporate raider. Icahn came to Wall Street in 1961 as an intern at Dreyfus & Company. After several years of working there, he opened his own brokerage company. Elected President of the United States, Donald Trump, in December 2016, nominated Icahn for the post of special adviser to the President on issues related to the business regulation reform. This position does not assume formal participation in the government, so Icahn may keep his business.

5. Abigail Johnson

Capital: $ 17.3 billion

Age: 65

Source of income: Fidelity Investments

Abigail Johnson is an American businesswoman, a dollar billionaire, president of the American firm Fidelity Investments and chairwoman of its subsidiary, one of the richest and most influential women in the world according to Forbes. In October 2014, she took the place of her father, the general director of the company, and in 2016 became the chairwoman of the subsidiary and gained full control over Fidelity with 45,000 employees worldwide. She is a member of the Capital Markets Regulatory Committee and the Securities Industry Association, and she is the first and only woman working in the Financial Services Forum.

4. Ray Dalio

Capital: $ 18.1 billion

Age: 69

Source of income: Bridgewater Associates

Ray Dalio is American businessman, billionaire, founder of the investment company Bridgewater Associates. Bridgewater manages assets of pension funds, university endowments, and sovereign funds. The amount of assets under management for 2017 is $ 160 billion. Bridgewater issues the economic bulletin Daily Observations.

3. James Simons

Capital: $ 20 billion

Age: 80

Source of income: Renaissance Technologies

In 1982, Simons founded Renaissance Technologies Corporation in New York, a private equity firm to manage more than 30 billion US dollars. Simons still stands as President of this firm, which is considered the most successful hedge fund in the world. For two decades, investment company Renaissance Technologies, trading on exchanges around the world, has been at the forefront of mathematical and economic analysis. It uses computer models to predict price changes for liquid financial instruments. These models use as much data as can be collected, then search for non-random components, based on which predictions can be made.

2. Thomas Peterffy

Capital: $ 20.2 billion

Age: 74

Source of income: Interactive Brokers

Thomas Peterffy is an American businessman of Hungarian origin, founder and head of the brokerage company Interactive Brokers, who played a key role in creating the stock exchange Boston Options Exchange. After moving to the United States, Peterffy worked as a draftsman, and later became a programmer. In the 70s, Peterffy acquired a place on the American Stock Exchange and played a key role in the development of electronic trading in securities.

1. Warren Buffett

Capital: $ 88.3 billion

Age: 88

Source of income: Berkshire Hathaway

Warren Buffett is an American entrepreneur, the largest in the world and one of the most famous investors. He is also the largest benefactor in the history of mankind. In June 2010, Buffett announced donation of more than 100% of his fortune, or about $ 97 billion, to five charitable foundations. Most of the funds went to the fund managed by Bill and Melinda Gates. This act was the most generous act of charity in the history of mankind.


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