Julian Robertson Net Worth
Julian Robertson, Jr. Net Worth: Julian Robertson, Jr. is an American former hedge fund manager who has a net worth of $3.3 billion. Born Julian Hart Robertson Junior on 25 June 1932 in Salisbury, North Carolina, he made his fortune as founder of Tiger Management Corp., an investment company. A graduate of the University of North Carolina, he moved to New York, and started to work as a stockbroker for Kidder, Peabody & Co. Then in 1980, Robertson founded Tiger Management, one of the earliest hedge funds companies. During the years, Tiger Management grew into $22-billion-worth assets in 1998, but due to poor stock picking and failure to use the technology stock trend, it suffered of sudden losses, prompting investors to remove their money. In 2000, Robertson closed his fund firm, but stayed in touch with the hedge funds by supporting and investing the new upcoming hedge fund managers, in return for a share in their companies. Also, Robertson had employed and mentored at Tiger Management many managers, like Lee Ainslie, Ole Andreas Halvorsen and Chris Shumway, who are now running on their own several famous hedge fund companies, known as "Tiger Cubs", and it is considered that Robertson has seeded over forty funds. In 2011, Robertson launched Tiger Accelerator Fund, $900-million-worth fund, which is open to outside investors. Today, Robertson serves on numerous organizations and university boards.