Daniel Och is the Chairman and Chief Executive Officer of Och-Ziff Capital Management Group who has an estimated net worth of $3.9 billion as of May 2015 according to Forbes. In the “Forbes 400” list, he is the 206th richest person and he was ranked the 490th in the list of World Billionaires.

Born Daniel S. Och to a Jewish family, he earned his B.S. in Economics with a concentration in finance at the Wharton School of the University of Pennsylvania. His career began in 1982 in the Risk Arbitrage Department at Goldman Sachs. He later became the Head of Propriety Trading in the Equities Division and the Co-Head of U.S. Equities Trading. His work at the firm lasted for 11 years along with Eddie Lampert and Thomas Steyer.

Daniel Och founded the Och-Ziff Capital Management Group, a global publicly-traded hedge fund and alternative asset management firm, in 1994. He had $100 million initial investment from the Ziff brothers - Dirk Edward Ziff, Daniel M. Ziff and Robert D. Ziff. In 2007, the firm completed its initial public offering (IPO), listing its shares on the New York Stock Exchange at an initial price of $32. Its stock has declined significantly since the IPO. It has reached its year-to-date low of $3.98 on November 28, 2008.

In 2012, Och’s $21.5 billion Master fund led the way for the firm to net an 11.2% return. Other record gains include a rise of 8.6% for the Europe fund and 9.4% for the Global Special Investments fund. In July of the same year, its assets under management are up to $33.1 billion due to the commitments from large institutional investors such as the Florida State Board of Administration’s pension fund which kicked at $150 million.

The Jane and Daniel Och Family Foundation donated $15 million on December 6, 2010 for the Solomon Schechter Day School of Essex and Union in West Orange, New Jersey. The school was renamed Golda Och Academy after his mother who was a former history teacher and administrator at the school.