Bruce Kovner Net Worth

How much is Bruce Kovner Worth?

Random Celebrity
Bruce Kovner Net Worth
Net Worth:
$4.8 Billion
Date of Birth
February 27, 1945
Place of Birth
Brooklyn
Profession
Entrepreneur, Businessperson

Bruce Kovner Net Worth: Bruce Kovner is an American businessman who has a net worth of $4.8 billion. Born Bruce Stanley Kovner on February 27, 1945 in The Bronx, New York, he ranks in the top 100 billionaires in the U.S. today. He is best known as the founder and chairman of Caxton Associates, a hedge fund that trades a global macro strategy. Not only that the company is the main source of Kovner's wealth, but it is also regarded to be one of the world's top and largest 10 hedge funds with an estimated $14 billion under management. A high achiever who also excelled as a basketball player and pianist, Kovner quit his Harvard Ph.D. in economics after a fit of writer's block. Thus, he switched to driving taxis, writing and studying harpsichord at Julliard. He was 31 when he managed to turn the $3,000 that he borrowed on his credit card into $45,000 by trading soybeans. However, he soon saw that sum cut in half. Having learned a key lesson in risk management, Bruce Kovner went on to set up hedge fund firm Caxton Associates in 1983 and accumulated over $12 billion in net gains for investors throughout his career. But despite the large amount of assets under management, his company is one of top 25 most enigmatic and secretive hedge funds globally. As for Kovner himself, he is described as secretive even by family and friends. This well-heeled divorcee and father of three is one of the least known New York City billionaires outside of professional circles. In addition to the above, Bruce Kovner is a great philanthropist and former chairman of American Enterprise Institute.

Articles Written by Brian Warner
Prior to launching Celebrity Net Worth, Brian spent seven years as the Managing Editor of one of the largest entertainment portals on the internet. Before that, Brian attended Georgetown University where he double majored in finance and marketing. A native of Northern California, Brian currently resides in Los Angeles. Follow him on Google+.
More Information
Bruce Kovner

Bruce Kovner

Bruce Stanley Kovner is an American businessman. He is the founder and chairman of Caxton Associates, a hedge fund that trades a global macro strategy and is considered amongst the world's top and largest 10 hedge funds with an estimated $14 billion under management. In Marc...
Profession
Date of Birth
  • February 27, 1945
Nationality
  • United States of America
Country
  • United States of America
View Full Profile

Bruce Kovner Videos

Discussion