William Ackman Net Worth

Net Worth: $1.2 Billion
Statistics
  • Source of Wealth:

    CEO, Pershing Square Capital Management
  • Age:

    51
  • Birth Place:

    New York, New York, United States of America
  • Marital Status:

    Divorced (Karen Ann Herskovitz)
  • Full Name:

    William Albert Ackman
  • Nationality:

    American
More Stats View More

About William Albert Ackman

William Albert Ackman is an American philanthropist, investor, and hedge fund manager with a net worth of $1.2 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 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 ?
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Earnings 2017

Asset Jul. 2017
Purchase value of Ackman's two apartments in Central Park West
$22,078,000
Sale of Asset Mar. 2017
Selling price of his 27.2 million share position in Valeant to the Investment Bank Jefferies
$300,000,000

Earnings 2016

Earning Turned Donation Sep. 2016
Grants and social investments across a number of fields, including health and medicine, education, economic development and social justice
$400,000,000
Lawsuit Settlement Jul. 2016
Settlement cost in lawsuit against Herbalife
$500,000,000
Show all earnings

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