Daniel Och Net Worth

Daniel Och Net Worth:
$5 Billion

What is Daniel Och's Net Worth?

Daniel Och is an American businessman who has a net worth of $5 billion. He has accumulated his vast wealth as a CEO of Och-Ziff Capital Management; a global hedge fund and alternative asset management company.

Having acquired a BS in Economics from the Wharton School of the University of Pennsylvania, he started his career in 1982 working at Goldman Sachs in the Risk Arbitrage Department. A few years later he became the Head of Proprietary Trading in the Equities Division and Co-Head of U.S. Equities Trading.

After working for the company for 11 years, Och struck out on his own in 1994. Reportedly, he used $100 million in seed money from the billionaire Ziff brothers to found the Och-Ziff Capital Management Group. He listed the group on the New York Stock Exchange in 2007, initially at a price of $32.00. Whereas the group's stock has seen a significant decline since the IPO, total assets under management at the company are now said to be around $35 billion. At its peak in 2015, the company manged over $50 billion. In September 2019 the company changed its name to Sculptor Capital Management. Today it's traded on the NYSE under the symbol SCU.

Getty
Table of Contents
  1. Real Estate

Real Estate

In 2019 Daniel paid $93 million for an apartment in New York City at 220 Central Park South. In January 2022 he sold the unit for $190 million. That's a nearly $100 million profit to own a property for a little over two years.

Daniel still owns a townhouse at 15 Central Park West which he listed for sale in 2019 for $57.5 million before taking it off the market.

Och has been shedding his New York assets after moving to Florida for tax purposes.

Daniel Och Net Worth

Daniel Och

Net Worth:$5 Billion
Date of Birth:1961
Gender:Male
All net worths are calculated using data drawn from public sources. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. We welcome all corrections and feedback using the button below.
Did we make a mistake?
Submit a correction suggestion and help us fix it!
Submit a Correction