Source of Wealth:Hedge Fund, Investment, Business
Marital Status:Married to Laura Elena Muñoz
Full Name:John Douglas Arnold
Occupation:Hedge Fund Manager and Founder of Centaurus Advisors, LLC
Education:Vanderbilt University (Math and Economics)
About John Douglas Arnold
John Arnold is an American hedge fund manager who has an estimated net worth of $2.6 billion as of May 2015 according to Forbes. He is currently #503 in Forbes Billionaire’s List, # 168 in the United States and #132 in Forbes 400 as of 2012. He specializes in natural gas trading. His Houston-based hedge fund firm, Centaurus Advisors, LLC specializes in trading energy products.
Born John Douglas Arnold in 1974, he was raised in a middle-class family in Dallas. His father was a lawyer while his mother was an accountant. He graduated from Vanderbilt University in three years with a degree in math and economics in 1995. He began his career as an oil analyst for Enron but was promoted to assistant trader. Enron collapsed in 2002 and he founded his own company, Centaurus Advisors, LLC, using his earnings. It currently has an estimated $3 billion in assets under management. His employees included some big names in energy trading such as former Enron CEO Greg Whalley, Bill Perkins, Mike Maggi, and Conrad Goerl.
In May 2012, Arnold shocked the hedge fund world when he announced he was calling it a career at the age of 38. He and his wife Laura, who are signatories of the Giving Pledge, plan to devote much of their time to philanthropy, especially for their $1.3 billion Laura and John Arnold Foundation. The couple, who have already given away more than $1.2 billion, launched in August the Giving Library, a collection of videos featuring 250 charities, to help philanthropists learn about the nonprofits. When he began returning capitals to his investors, Centaurus was already 4% net of fees through May.
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