Net Worth: $1.2 Billion
- Source of Wealth Hedge Fund, Investment
- Marital Status Married
- Full Name Richard Chilton Jr.
- Nationality American
- Occupation Hedge Fund Manager
- Education Alfred University
- Children four children
About Richard Chilton Jr.
Hedge fund manager Richard Chilton Jr. has an estimated net worth of $1.2 billion as of March 2013. According to Forbes.com, he is #1175 in the World Billionaires List, #1075 in 2012, #337 in the United States, and #360 in the Forbes 400 List. He is the son of an advertising executive who graduated from Alfred University with a degree in Finance and Economics. He began his career after graduation when he worked for Merrill Lynch in the mergers and acquisitions department. He left the firm in the mid-80’s to work as an investor for Alliance Capitol Management. Later, he worked for fellow billionaire Herbert Allen at Allen & Co.
With his investment experience, Chilton founded his own firm, Chilton Investment Company, in the early 90’s. Up to this day, he is the CEO and chairman of the company which manages more than $7 million assets with offices in New York, London, Hong Kong, Chengdu, and Beijing. Its flagship fund has produces a 12% net return in 2012. He also sits on the board of the Metropolitan Museum of Art. He is also on the board of directors of the Robin Hood Foundation, Inc., a charitable organization dedicated to fighting poverty in New York.