Quick Links
William Albert Ackman is an American philanthropist, investor, and hedge fund manager with a net worth of $1.1 billion. He's the founder and CEO of Pershing Square Capital Management - a hedge fund management company. People consider Ackman as a contrarian investor but he considers himself an activist investor. According to research from The University of Oxford, they characterize Bill Ackman's activities with the Canadian Pacific Railway as a paradigm of "engaged activism." The longer term in nature have correlated benefits to the real economy and can be distinct from the shorter term "financial activism."
Ackman co-founded The Pershing Square Foundation with his wife Karen in 2006. It aims to support innovation in the areas of education, economic development, human rights, health care, urban development, and arts. Since its founding, the Foundation has committed more than $400 million in social investments and grants. Last 2011, the Ackmans were in The Chronicle of Philanthropy’s "Philanthropy 50" list of the most generous donors.
Last July 2014, the Challenged Athletes Foundation honored Ackman at a gala fundraiser at New York City's Waldorf Astoria hotel because he helped raise a record $2.3 million. Since 2012, he held a $ 1 billion short against Herbalife, a nutrition company that has a pyramid scheme designed as a multi-level marketing company. Betting on Zero documented his efforts.
Earnings & Financial Data
|
Date |
Category |
Description |
Amount |
|---|---|---|---|
|
2018 |
Sale of Asset |
William Ackman's profit from the sale of a stake in Nike |
$100,000,000 |
|
2018 |
Asset |
Current value of Pershing Square's assets under management |
$8,300,000,000 |
|
2018 |
Asset |
Purchase value of Pershing Square's 15.2 million shares of Starbucks |
$900,000,000 |
|
2018 |
Salary |
William Ackman's profit from his brief stint at Nike |
$100,000,000 |
|
2018 |
Asset |
Current value of William Ackman's Pershing Square hedge fund |
$8,200,000,000 |
|
2017 |
Asset |
Purchase value of Ackman's two apartments in Central Park West |
$22,078,000 |
|
2017 |
Sale of Asset |
Selling price of his 27.2 million share position in Valeant to the Investment Bank Jefferies |
$300,000,000 |
|
2016 |
Asset |
Purchase value of William Ackman's second Hamptons home |
$23,500,000 |
|
2016 |
Asset |
Purchase value of William Ackman's Bridgehampton home |
$22,000,000 |
|
2016 |
Asset |
Purchase value of William Ackman's apartment in the Beresford off Central Park that he and his family share |
$35,000,000 |
|
2016 |
Asset |
Purchase value of William Ackman's 13,500-square-foot duplex dubbed “the Winter Garden” in the new One57 tower |
$90,000,000 |
|
2016 |
Earning Turned Donation |
Grants and social investments across a number of fields, including health and medicine, education, economic development and social justice |
$400,000,000 |
|
2016 |
Lawsuit Settlement |
Settlement cost in lawsuit against Herbalife |
$500,000,000 |
|
2016 |
Earnings |
Earnings of Pershing Square's Investment Team led by William Ackman |
$509,000,000 |
|
2014 |
Sale of Asset |
Selling price of Pershing Square Capital Management or his hedge fund’s 28.9 million shares in Allergan |
$66,000,000,000 |
|
2014 |
Earning Turned Donation |
Assistance in raising 2.3 million for the Challenged Athletes Foundation that provides sports equipment to those with physical disabilities. |
$2,300,000 |
|
2014 |
Salary |
Annual salary as the founder and CEO of the New York-based Pershing Square Capital Management |
$950,000,000 |
|
2014 |
Earning Turned Donation |
Donation to Harvard University for the Foundations of Human Behavior Initiative, Funding of Paul Farmer's Global Health, and support for the support the men's crew team |
$26,000,000 |
|
2013 |
Sale of Asset |
The amount paid by Citigroup to Ackman for the liquidation of his 39.1 million shares |
$503,100,000 |
|
2012 |
Lawsuit Settlement |
Payment due to civil fraud for "secretly steering $2.4 billion in client money into Bernard Madoff's Ponzi fraud without their permission. |
$405,000,000 |
|
2011 |
Earning Turned Donation |
Donation to the Innocence Project in New York City and Centurion Ministries in Princeton, N.J. |
$1,100,000 |
|
2010 |
Earning Turned Donation |
Donation to charitable causes such as the Center for Jewish History for the preservation of Jewish genealogy |
$1,000,000 |
|
2010 |
Asset |
Purchase value of JCPenney shares |
$858,000,000 |
|
2009 |
Sale of Asset |
Sale of his 19th-floor, 11-room, four-bedroom, two-terrace apartment at the Majestic on Central Park West |
$12,000,000 |
|
2008 |
Others |
Money provided to Borders Group as loan |
$42,500,000 |
|
2007 |
Asset |
Ownership of a 10% stake in Target Corporation |
$420,000,000 |
|
2006 |
Sale of Asset |
Selling price of Tim Horton's doughnut chain |
$670,000,000 |
|
2004 |
Asset |
Founding of Pershing Square Capital Management |
$54,000,000 |