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We bet on the leader. Much more importantly, well get the joy of hopefully funding successful outcomes. She has also interned at The Council on Foreign Relations. Stanley Druckenmiller - Thanks, John. Personal Life Druckenmiller has been married twice. My focus has always been there and hasnt really changed., Even with the 69-year-old busy managing his own considerable fortune, the Druckenmiller Foundation has become a formidable, if low-profile, philanthropic force in the last decade-plus. In 2007, the fund had around $700 million AUM. No, I dont do that. Few years of their marriage they welcomed their three daughters Hannah Druckenmiller, Sarah Druckenmiller, and Tess Druckenmiller. I hope we put a lot into the foundation, because it means I made a lot of money and been a success. That's billionaire investor Stanley Druckenmiller talking about how a Democratic sweep of the White House and Congress in the upcoming elections could prove to be a headwind for the stock market . Probably the most interesting detail we found about her was an an article Bettina recently wrote for the Huffington post, "Breasts Barred From The Olympics," about the ban on women in the Olympic sport of ski jumping. The dad: Avenue Capital co-founder Marc Lasry (net worth: $1.7 billion). ". The 36-year-old socialite, activist, fashion model, and the heiress to William Randolph Hearst s media conglomerate, the world-famous and well-known Hearst Corporation. Billionaire investor Stanley Druckenmiller said he is shorting the US dollar after missing out on last year's rally. In the past, she has served as the co-chair of Autism Speaks 2 Young Professionals AS2YP. The daughter of the 91st-richest person in America attends Columbia University, after graduating from an all-girls school in New York City. They like results. How involved are your daughters in the foundation, and how do you and Fiona split the philanthropic decisions? . In 1976, he married his high school sweetheart, but the couple divorced in 1980. He grew in Pittsburgh along with his sister Helen and Salley. Your foundations giving has risen and fallen over long periods, averaging 6.3% of its assets between 2009 and 2013, and then only about 3.9% in the five years ending in 2018. Furthermore, he was hired by George Soros to replace Victor Niederhoffer at Quantum Fund in 1988. If I have a heart attack tomorrow, we will have failed. Bettina Prentice is off the market (that's her husband, Jamie, in the picture.). A view of the brass Wall Street bull statue stands at a lower Broadway park at Bowling Green in New York City's financial district. Going forward almost all [my earnings] above my tax rate, above my living expenses will go toward philanthropy. She has some pipes.). Early life and education. Browse the listings for your next project. He was married twice until now. His father is the founder and president of August Entertainment, an international film finance and distribution company based in Los Angeles. We have had a long [run] higher.". About: Alex has established himself as a big time philanthropist like his father. In 1976, he married his high school sweetheart but divorced in 1980. You havent mentioned personal connections, but I see a lot of giving to your familys alma maters and you cite these long relationships with founders. All rights reserved.For reprint rights. ABC News named himPerson Of The Week in 2004. Your email address will not be published. Stanley Druckenmiller. You May Also Like To Read Biography, Career, Net Worth, Relationship Of Trini Alvarado, Nichole Hiltz, Amanda Balionis, Zuzana Maurery, and Scott Mechlowicz. What didnt get as much coverage, though, is how, as stocks were falling, the spot price of gold soared by nearly $70 an ounce, topping out at $1,336.70. Emma hasnt released any music since. Ideally, wed like to end with our money at zero. I looked at philanthropic endeavors as investments, particularly that will have an impact over the longer term. Druckenmillers full name is Stanley Freeman Druckenmiller. The organization raises funds to help Chinese orphans with special needs. About: Tess Druckenmiller, the daughter of Stan and Fiona Druckenmiller, is a singer-songwriter. Besides, he is the former chairman and president of Duquesne Capital, which he founded in 1981. I didnt realize people could be that vicious, her father told New York magazine at the time. This is what I do. In earlier days, both the sisters used to live with their mother Anne in Philadelphia while Stanley Freeman used to stay with his father Thomas. Druckenmiller left three-year PhD program in Economics at the University of Michigan. In 1988, Druckenmiller married Fiona Katharine Biggs, niece of investor Barton Biggs. Copyright 2023. (We've seen her perform before. Prior to that, he managed George Soros's Quantum Fund between 1988 and 2000. Soros contribution was pushing him to take a gigantic position. Druckenmiller studied at Collegiate School, Richmond, Virginia. He completed a study abroad program at the City University of Hong Kong. By virtue of [my fathers] job Ive gotten a little bit of attention, she says of her foray into music, but adds: He really wanted me to do it on my own., The daughter: Tess Druckenmiller, 20, student at Brown University, The dad: Hedge fund manager Stanley Druckenmiller (net worth: $3.1 billion). The first time I ever set eyes on him was at a grantmaking meeting, said Druckenmiller, who was serving on the Robin Hood Foundation board at the time. Michael Devonte Mitchell, 29, of Augusta is incarcerated at the detention center and charged with the 2019 murder of Zachary Dunnum on Roosevelt Drive and High Street. Victor Niederhoffer has six daughters and one son. He was the loving husband of Eleanor (White) Druckenmiller. She graduated from Columbia and received a medical degree from N.Y.U. [28], In July 2008, Druckenmiller emerged as a potential investor in the Pittsburgh Steelers franchise of the National Football League. As a student, he's a big political donor, too. Those are the three big buckets: health, economic mobility and the environment. [2][15][16][17], Druckenmiller advocates reducing spending on entitlement programs such as Social Security. The Fiona and Stanley Druckenmiller Presidential Innovation Fund will support early-stage, innovative research that serves as a bridge between the lab and . Renowned investor Stanley Druckenmiller has shared his views on dogecoin and ethereum. The best thing I can do is to make the highest return I can. He graduated from NYU in 2009. This woman traveled to Ghana to meet her daughter-in-law and granddaughter for the first time! Id rather my children work for their passions. hold my d***) after her father resigned from Barclays amid the LIBOR scandal. The assets grew from $1 billion to $20 billion over that time and the performance never suffered. Americans stuck in Sudan to make 'life or death decisions' express anger at US government | CNN Politics. Stanley Druckenmiller Career Stanley began his financial career in 1977 as a management trainee at Pittsburgh National Bank. Amanda has been an associate market editor in Marie Claire and the founding member of Friends of Finn, an organization which aims to stop dogs from being abused in inhumane and cruelly way in puppy mills. He said he wouldn't long or short dogecoin and laughs when the meme cryptocurrency rises in value. From 1988 to 2000, he managed money for George Soros as the lead portfolio manager for Quantum Fund. [1] Druckenmiller is a graduate of Collegiate School, Richmond, Virginia. "Stan may be the greatest moneymaking machine in history. So why would I? The brides father is an investor and the founder of Duquesne Capital Management in New York. Net Worth: According to Forbes, the real time net worth as of 3/22/17 is $4.7 Billion. Not to mention great deals to score cheaper flight tickets. In a story published by Financial Times this week, They were married for 43. The worth of this company is $ 586.76M. Ive been more successful than I thought I would have been 30 years ago. We enjoy giving immensely. This quarter saw a ~30% reduction at prices . Access your favorite topics in a personalized feed while you're on the go. Theres definitely been no change in terms of our philanthropic focus. [24] Druckenmiuller, who is Jewish, gave $700 million to his foundation last year and will apparently ramp that up in coming years. Victor J. BlueBloomberg/Getty Images After a hotter-than-expected inflation reading spooked investors on Tuesday, the. . The video, which featured a cameo by Khloe Kardashian, has disappeared from the Internet. [1] He dropped out of a Ph.D. program in economics at the University of Michigan in the middle of the second semester to accept a position as an oil analyst for Pittsburgh National Bank. She has been heavily involved in Autism awareness. Matt graduated from Harvard in 2006 with degrees in economics and psychology. With a $1.9 billion endowment as of fiscal year 2021, the foundations assets put it among the countrys 100 largest philanthropies, according to FoundationIQ. Sarah is daughter of Stanley D. and Fiona Biggs. Besides he also holds a large position in Microsoft, Abbott Laboratories, Salesforce.com, Delta Airlines, and American Airlines. We give money opportunistically. The 46 year-old has a degree in art history from Duke University. Nell became famous on the Street for her Tweet at a British politician telling him to #hmd(a.k.a"hold my d***) after her father resigned from Barclays amid the LIBOR scandal. Dr. Sarah Bolton Druckenmiller and Maximilian August Cascante were married June 23 at the brides family home in Southampton, N.Y. Fiona K. Druckenmiller, the brides mother who was ordained by the New Seminary at St. John the Divine in New York, officiated. Its pretty much the same as my day job. . The music: Perhaps the most seasoned of the group, she has released four albums of polished Americana her most recent, The Heart Is Smart, came out in 2012. Save my name, email, and website in this browser for the next time I comment. They all have incredibly interesting jobs and thats their focus. Elizabeth Holmes, founder and former CEO of Theranos, was sentenced Friday to just over 11 years in prison for the crimes she committed running her blood-diagnostics startup. One more question, Michael, then I gotta get back to making some money.. The music: When Emma posted a choreographed video of her high-energy pop song Closet Bitch on the Internet in 2010, she racked up 20,000 views in a day and dozens of hostile comments. She is another sister of Stanley. He believes the US has lost trust with the international community after weaponizing the currency. Stanley Freeman Druckenmiller (born June 14, 1953) is an American investor, hedge fund manager and philanthropist. We were told by insiders that she stood out at the firm because of her Christian Louboutin red soles. In 1988, Stanley married Fiona Katharine Biggs, niece of investor Barton Biggs, in anEpiscopalianceremony. I never said that, he said. Speaking at an event hosted by Norway's sovereign wealth fund, he said the. As the crisis in Sudan continues to unfold, there is mounting anger among Americans who feel abandoned by the US government and left to navigate the complicated and dangerous situation on their own. Stanley Druckenmiller (Trades, Portfolio) is a legendary macroeconomic investor who has a net worth of $6.4 billion.He rarely does interviews, but this past October, he shared his thoughts at CNBC's Finding Alpha conference. So when I spoke with him late last year, I asked him how it was going. He is the former chairman and president of Duquesne Capital, which he founded in 1981. The tycoon Stanley Druckenmiller has been dispatched this week against the currency and has explained that he is even betting on the fall of it. Stanley Freeman Druckenmiller (born June 14, 1953)[1] is an American investor, hedge fund manager and philanthropist. [25], Druckenmiller is also Chairman of the Board of Harlem Children's Zone, a multi-faceted, community-based project. The Fed has already hiked. The family of five are living a happy life in New York City, New York. She previously worked at Sotheby's. Speaking at an event hosted by Norway's sovereign wealth fund, he said the move is his only confident trade in what he sees as the most unpredictable period of his career, according to The Financial Times. He closed the fund in August 2010 because he felt unable to deliver high returns to his clients. He now manages his money through a family office. He is profiled in the bookThe New Market WizardsbyJack D. Schwager. Her articles have been published in The Daily Beast, The Huffington Post and Morocco World News. as well as other partner offers and accept our, Photo by Neilson Barnard/Getty Images for New York Times, Registration on or use of this site constitutes acceptance of our. That's because of a rollback in globalization and easy monetary policy. Ideally, wed like to end near zero. I wasnt even aware of those numbers. The American investor, hedge fund manager and philanthropist has three beautiful daughters namey: Sarah Druckenmiller, Tess Druckenmiller and Hannah Druckenmiller. In 1992, Stanley and George famously broke the Bank of England when they shorted British pound sterling and made more than $1 billion in profits. Since then, he has concentrated full-time on Duquesne Capital. I have no life. In 2004, she wrote her first novel, Off Balance, a coming-of-age story about a young woman who loses her best friend on 9/11. Though if something new comes up, that would be wonderful. Im still working 60 hours a week on my day job. "You have Lula asking why we have to trade in US dollars. Are you unsure of where you want to travel next? She is also the owner of Dylan's Candy Bar in New York City, one of the "largest candy store in the world." Her mother is the owner of FD Gallery, a boutique in New York. In 1976, he married his high school sweetheart they later divorced in 1980. The daughter: Caroline Jones, 23 The dad: Hedge fund manager and Robin Hood Foundation founder Paul Tudor Jones (net worth: $4.3 billion) The music: Perhaps the most seasoned of the group, she. Nothings changed. [30], Greenwich Township, Gloucester County, New Jersey, Pittsburgh Post-Gazette: "Steelers' suitor Stanley Druckenmiller has always been good at making money" By Bill Toland, Forbes: The World's Billionaires - Stanley Druckenmiller, "Druckenmiller: Fed policy 'fraught with unappreciated risk', "Bowdoin Brief: Druckenmiller '75 earns $260 million in 2008", "Il miliardario Druckenmiller si disfa di altre azioni big tech in attesa recessione, ecco le due big di Wall Street scaricate lo scorso trimestre", "Druckenmiller Calls It Quits After 30 Years as Job Gets Tougher", "Soros Shuffles Management as Big Funds Struggle", "Duquesne Alumni Said to Start New Hedge Fund With $5 Billion", "Druckenmiller to Shutter His Hedge Fund", "Stanley Druckenmiller Portfolio / Duquesne Family Office LLC Holdings", "Duquesne Family Office LLC - Latest 13F Holdings", "Billionaire Hedge Fund Investor Druckenmiller Says He Owns Bitcoin in CNBC Interview", "Wall Street Titans & Their Warbling Daughters", "Sarah Druckenmiller, Maximilian Cascante", "The Fabulous Lives Of Wall Street's Kids", "From Fracking to Finance, a Torrent of Campaign Cash", "Christie's Camp Mobilizes to Salvage White House Hopes", "Druckenmiller Says Inflation Could Reach as High as 10%", "Hedge Funder Stan Druckenmiller Wants Every Young Person In America To See These Charts About How They're Getting Screwed", "Druckenmiller Sends Millions to Children, Robin Hood", "45,000 Walkers Raising $6 Million Prove AIDS Walk New York Steps Still Lead the Way", "Druckenmiller withdraws name from Steelers sale", ESPN - NFL approves Rooney's ownership plan, More Money Than God: Hedge Funds and the Making of a New Elite, Druckenmiller to become full-time philanthropist, https://en.wikipedia.org/w/index.php?title=Stanley_Druckenmiller&oldid=1151285140, This page was last edited on 23 April 2023, at 02:19. He closed the fund in August 2010. We ultimately spoke for a half-hour, then the veteran financier told me he had to wrap it up. If youre worried about budgets and finances, weve got you covered; you can read all about how to travel without breaking the bank. Anne Druckenmiller gave birth to three children in which two of them were daughters and one was son. This site is protected by reCAPTCHA Enterprise and the Google. DM ON WHATSAPP +18188640527 #usa #pitsburghsteelers #marketingdigital #forextrader #negocios #Ethereum #Binance. Lisa is currently a junior at the University of Edinburgh. There are a couple of red lines that we dont invest in because we dont like how they make their money. He is the former chairman and president of Duquesne Capital, which he founded in 1981. She's a master's student at Columbia University's Graduate School of Journalism. His friends say he's similar to his dad - especially in smarts and ambition. The markets are in a "raging mania" and rising inflation is a big threat, investor Stan Druckenmiller said. The bride, 28, is a resident physician in obstetrics and gynecology at New York University Langone Health. This company is the number 1 company in his portfolio having 2.64M shares. In 1988, he was hired by George Soros to replaceVictor NiederhofferatQuantum Fund. While studying, he got the Alma mater. Also, there's a photograph of Stan Druckenmiller at Coachella with his daughters and wife. Stanley Druckenmiller's Net Worth & Career Stanley Druckenmiller has an estimated net worth of $4.6 billion. Want to know what everyone in the music business is talking about. Like everybody else, you give to college and to institutions. Article. "hold my d***) after her father resigned from Barclays amid the LIBOR scandal. She released some new singles on iTunesjust last month. Talking about the Stanley Druckenmiller holdings in Microsoft Corporation, out of 100%, this company holds 15.88% of its portfolio. As great as America is, I think thats open to maybe 90% to 95% of our population. She graduated from Lafayette College in 2008. In todays fast-paced world, maintaining a healthy lifestyle can be a challenge. They calculated that the Bank of England did not have enough foreign currency reserves with which to buy enough sterling to prop up the currency and that raising interest rates would be politically unsustainable. He broke the Bank of England with George Soros in 1992 with a huge bet against the British pound. They both fell in love in their college days. As per his nationality, he is American and belongs to white ethnicity. In early 2019 he held large positions in Microsoft, Abbott Laboratories, Salesforce.com, Delta Airlines, and American Airlines. By college, he was back in the States for a degree at Princeton. After she graduated cum laude from Yale with a degree in psych, Zibby launched a successful writing career. Net worth American businessman Stanley Druckenmiller has an estimated net worth of $4.4 billion. Columbia had a bunch of 70-year-old Nobel Prize winners; it looked like the obvious choice. He graduated from Georgetown, from which he also received a masters degree in Latin American studies. [21][22], In 2009, Druckenmiller donated $705 million to foundations that support medical research, education, and anti-poverty, including a $100 million gift to found a Neuroscience Institute at the NYU School of Medicine. Remind People of Our History. Checking in with Patriotic Philanthropist David Rubenstein, Six Things to Know About This Billionaire Hedge Fund Managers Philanthropy, Eight Top Black Philanthropists on Wall Street. Stanley Druckenmiller is an American philanthropist and investor. She is a daughter of Ms. Druckenmiller and Stanley F. Druckenmiller of New York. Daniel Milton Rooney was born in Pittsburgh, Pennsylvania, the son of Kathleen (ne McNulty) and Pittsburgh Steelers' owner Art Rooney.In the Steelers organization, Rooney was involved in many aspects of the franchise from the time he was a young boy, often assisting his father at Pitt Stadium and Forbes Field.He grew up in the North Side neighborhood of Pittsburgh . 2023 Billboard Media, LLC. I've been married for 33 years. He even indicated that it was not easy to make big profits while handling very large sums of money. However, in 2000, he left George, after taking large losses in technology stocks. https://www.nytimes.com/2018/06/24/fashion/weddings/sarah-druckenmiller-maximilian-cascante.html. She debuted her first track "Closet Bitch"that year. Obviously, I wouldnt be talking to you if it was totally anonymous, but I did not seek out this interview. The daughter of the 91st-richest person in America attends Columbia University, after graduating from. Druckenmiller is an investor in Palantir (minute ~34: "I bought your stock in I think it was 08, maybe it was 09.") and his daughter works there as well (thank you to a Twitter friend for highlighting). [12] In November 2020, he stated that he owned both gold and bitcoin. Maybe because of my Pittsburgh background, I enjoy Andrew Carnegies approach of being as anonymous as possible. We made a big bet on NYU. In 1988, Druckenmiller married Fiona Katharine Biggs, niece of investor Barton Biggs. About UsContact UsConsultants DirectoryFAQ & HelpTerms of UsePrivacy Policy, Individual Subscriptions Multi-User Subscriptions , A Q&A With Stanley Druckenmiller on Priorities, Big Bets and Feeling "Incredibly Privileged", What Has Hedge Fund Billionaire David Tepper Been Up to Lately? Stanley Druckenmiller 5 Her debut album, Storyteller, which has a cool folk sound, arrived last August and was reissued March 11 with a new single, Black & White. She has performed at The Bitter End in New York, Bostons Berklee Performance Center and The Listening Room Cafe in Nashville. There's a facebook group dedicated to her called, "The Laugh Of Lisa Chanos Tickles My Funny Bone.". Later he attended the University of Michigan, however, he dropped out of a three-year Ph.D. program in economics. Druckenmiller also cited the dollar's weaponization as another factor in his short bet, alluding to Western sanctions on Russia last year that froze its foreign exchange reserves in response to Moscow's invasion of Ukraine. [14] Druckenmiller has three daughters with Biggs: Sarah, Tess, and Hannah. [2] At the time of closing, Duquesne Capital had over $12 billion in assets. Much is in conference calls for nonprofits like Memorial Sloan Kettering Cancer Center, where he serves on the board and to which he and his wife pledged $100 million last year. Stanley Druckenmiller 6 Soros is the best loss taker I've ever seen. Sign up for our email updates. Same playbook. Your foundation is one of the largest in the country, but has no website and minimal publicity. Stanley began his financial career in 1977 as a management trainee at Pittsburgh National Bank. Good luck boys!). Billboard is a part of Penske Media Corporation. He dropped out of a three year Ph.D. program in economics at the University of Michiganin the middle of the second semester to accept a position as an oil analyst forPittsburgh National Bank. About: Rachel is a student at Harvard University. When they took divorce, Stanley Freeman was in his elementary school. Another area is the environment. I got rid of my clients and converted to a family office. In 1975, he received a BA in English and economics from Bowdoin College (where he opened a hot dog stand with Lawrence B. Lindsey, who later became economic policy adviser to President George W. The duo dated for a few years and got married in 1988. Stanley Druckenmiller, founder and CEO of Duquesne Family Office, speaks at the CNBC Delivering Alpha conference in New York on September 28, 2022. He and Soros famously "broke the Bank of England" when they shorted British pound sterling in 1992, reputedly making more than $1 billion in profits, in an event known as Black Wednesday. People worth hundreds of billions of dollars saying theyre going to give half of their worth away I dont think that really moves the needle on drawing in other philanthropists. But over time, we thought we could have a bigger impact, priority-wise, in the three spaces I talked about. The Quantum record from 1989 to 2000 is really his. The bride, 28, is a resident physician in obstetrics and gynecology at New York University Langone Health. Weve put together the daughters of billions who would also inherit billions. After the election, it was all over the news that the stock market had plummeted that night. [1] His parents divorced when he was in elementary school and he went to live with his father in Gibbstown, New Jersey (a section of Greenwich Township, Gloucester County, New Jersey) and then in Richmond, Virginia (his sisters, Helen and Salley, would stay with their mother in Philadelphia). His lack of volatility is unbelievable. She's a math-computer science major. He said he also has frequent conversations with nonprofit leaders like Fred Krupp, the president of EDF, which the Druckenmillers have supported with tens of millions of dollars. Stanley Druckenmiller was born Stanley Freeman Druckenmiller on June 14, 1953, in Pittsburgh, Pennsylvania, the U.S. under the zodiac sign of Gemini. Druckenmiller has been married twice. Back in 2010, it was reported that she was an aspiring pop star. Read the article. Laura recently got a lot of attention for a Daily Beast article that went viral. The family lives in New York City, New York. He first married his longtime girlfriend, however, he has not revealed her name to the media. The grooms mother works in Los Angeles as an owner of Cross Colours, of an apparel company. It was nice of you to cite a period that's actually turned out the way I've said, because of my career. The dad: Hedge fund manager and Robin Hood Foundation founder Paul Tudor Jones (net worth: $4.3 billion). Stanley Druckenmiller whose birth name is Stanley Freeman Druckenmiller he is an American investor, hedge fund manager and philanthropist. Stanley Druckenmiller started the family office in Q4 2011 after closing his hedge fund Duquesne Capital in 2010. His son, Tony, founded . A conversation between Stanley Druckenmiller and Alexander Karp of Palantir dropped on Youtube yesterday. 35 Years Later, What's New With NYC Anti-Poverty Giant Robin Hood? The music: Tess signed a distribution deal last summer with Bob Franks Red River Entertainment. This time, against the US dollar. He attended and graduated from Collegiate School. At age 16, after spending a summer working in a Chinese orphanage, Matt founded the China Care Foundation. Druckenmiller has three daughters with Biggs . Were aligned and theres plenty of money. Abby and Christopher have two daughters together. Theres no systematic plan. Whats your long-term philanthropic plan? The piece was about women avoiding getting caught going No. I've said many . An increasing number of philanthropists use their assets to further their impact, such as Laurene Powell Jobs or Bill Gates. We enjoy it immensely, but we dont like to wear it on our sleeves and make a big deal about it. IRA Annuity Calculator. [18], In 2020, after the stock market crash and subsequent rally above pre-crash levels, Druckenmiller said he expects inflation in the US economy due to actions taken by the Federal Reserve. Khloe Kardashian made a cameo appearance in her music video. As a subscriber, you have 10 gift articles to give each month. Since then he has been using his full-time on Duquesne Capital. [23] In 2010, Stanley Druckenmiller announced that he will close his Duquesne Capital hedge fund in order to spend more time on philanthropy, according to Bloomberg.com. I certainly dont want any publicity for our philanthropy. Again, we didnt do much other than fund. He received a BA in English and economics from Bowdoin College where he opened a hot dog stand withLawrence B. Lindsey, who later became economic policy adviser to PresidentGeorge W. Bush. In 1976, he married his high school sweetheart; they divorced in 1980. Stanley T. Druckenmiller, 80, of Lake Harmony, formerly of Kennett Square, died Monday, June 27, at home. Or whether you should go on that vacation youve been dreaming of? Emma is currently studying at the University of Pennsylvania, according to a source. The pair put out an EP, Scrapbook, last spring and recently recorded new music in Los Angeles. Want to get inside funders' heads? About: Brian is a software engineer in the computer gaming field. Jonathan Gray (Net Worth- $7.4 billion) Ralph Lauren (Net Worth- $7.2 billion) Stanley Druckenmiller (Net Worth- $6.8 billion) CEOWORLD magazine - Latest - Stats Gate - 20 Richest People in New York and Their Net Worth, 2022. Did something change? Just behind Harvard. [18] Druckenmiller was a major supporter of Republican Governor Chris Christie of New Jersey. The Druckenmiller Foundation is a grantmaking foundation created by Stanley Druckenmiller, a retired billionaire hedge fund manager who worked as the lead portfolio manager for billionaire George Soros's Quantum Fund during the 1990s. In 1981, he founded his own firm, Duquesne Capital Management. Bloomberg puts his wealth at $10.1 billion, so the foundation has the potential to get a lot bigger. I dont really see the purpose of my signing the Giving Pledge. They have good connections, good genes, and in the cases of these offspring, great resumes. The daughter: Caroline DArcy Gorman, 17, high school senior, The dad: Morgan Stanley CEO James Gorman (reported 2013 compensation: $9.75 million), The music: Were definitely looking for a label to take us on, says Caroline of her band Madness & The Film, which is made up of herself and 32-year-old British singer-songwriter David Breeze.

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