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After receiving their inheritance from the sale of the Ziff Davis Inc. in 1994, Daniel and his brothers, Robert and Dirk Edward went on to invest their fortune to commodity, private equity, equities, hedge funds, debt, and real estate.
Today, each of them has an estimated net worth of $4.8 billion. Daniel, Dirk, and Robert are the sons of the great media publishing magnate William Ziff Jr. who died in 2006 due to prostate cancer. The three brothers were supposed to assume their father's responsibility in Ziff Davis Inc. after his retirement, but none of the three were interested to take over. William Ziff Jr. decided to sell the publishing group to Forstmann Little & Company in 1994 for $1.4 billion.
Earnings & Financial Data
|
Date |
Category |
Description |
Amount |
|---|---|---|---|
|
2018 |
Earning Turned Donation |
Donation of the Ziff family to the Center for Climate and Life, a research initiative based at Columbia University’s Lamont-Doherty Earth Observatory |
$2,000,000 |
|
2017 |
Sale of Asset |
Selling price of the Ziff family's 62,200-square-foot Palm Beach Estate that features an extensive botanical garden with 1,500 species of tropical trees and plants, among other additions |
$195,000,000 |
|
2016 |
Earning Turned Donation |
Donation of The Leslie and Daniel Ziff Foundation primarily to arts and culture, environment, social and human services, health and community development |
$6,500,000 |
|
2014 |
Asset |
Purchase value of Daniel Ziff's collection of local property, including four homes in Starwood, Aspen |
$44,000,000 |
|
2012 |
Asset |
Purchase value of the Ziff family's mining claims in the Aspen area |
$1,000,000 |
|
2012 |
Asset |
Purchase value of the Ziff family's land and three homes in Starwood |
$46,000,000 |
|
2005 |
Asset |
Purchase value of the Ziff Asset Management's 17.6 million shares or 6.4% stake in Office Depot |
$294,000,000 |
|
2002 |
Sale of Asset |
Sale of the Ziff family's secluded waterfront compound on the north shore in West Tisbury |
$15,200,000 |
|
1994 |
Sale of Asset |
Sale of the Ziff family's ZiffDavis publishing empire |
$1,400,000,000 |
|
1985 |
Asset |
Purchase value of the Ziff family's 62,200-square-foot Palm Beach Estate that features an extensive botanical garden with 1,500 species of tropical trees and plants, among other additions |
$5,000,000 |