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William Ackman Net Worth

William Ackman Net Worth

Net Worth: $1.2 Billion

Statistics
  • Source of Wealth CEO, Pershing Square Capital Management
  • Birth Place New York, New York, United States of America
  • Marital Status Divorced (Karen Ann Herskovitz)
  • Full Name William Albert Ackman
  • Nationality American
  • Date of Birth 11 May 1966
  • Occupation Investor, Hedge Fund Manager, and Philanthropist
  • Education Harvard Business School - Harvard University
  • Children 3
More StatsView More

About William 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

The below financial data is gathered and compiled by TheRichest analysts team to give you a better understanding of William Ackman's net worth by breaking down the most relevant financial events such as yearly salaries, contracts, earn outs, endorsements, stock ownership and much more.

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  • Earnings 2017
  • Earnings 2016
  • Earnings 2014
  • Earnings 2013
  • Earnings 2012
  • Earnings 2011
  • Earnings 2010
  • Earnings 2009
  • Earnings 2008
  • Earnings 2007
  • Earnings 2006
  • Earnings 2004
Earnings 2017 N/A
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 N/A
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
Earnings 2014 N/A
Sale of Asset Nov. 2014

Selling price of Pershing Square Capital Management or his hedge fund’s 28.9 million shares in Allergan

$66,000,000,000
Earning Turned Donation Jul. 2014

Assistance in raising 2.3 million for the Challenged Athletes Foundation that provides sports equipment to those with physical disabilities.

$2,300,000
Earning Turned Donation Apr. 2014

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
Earnings 2013 N/A
Sale of Asset Aug. 2013

The amount paid by Citigroup to Ackman for the liquidation of his 39.1 million shares

$503,100,000
Earnings 2012 N/A
Lawsuit Settlement Jun. 2012

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
Earnings 2011 N/A
Earning Turned Donation Feb. 2011

Donation to the Innocence Project in New York City and Centurion Ministries in Princeton, N.J.

$1,100,000
Earnings 2010 N/A
Earning Turned Donation Nov. 2010

Donation to charitable causes such as the Center for Jewish History for the preservation of Jewish genealogy

$1,000,000
Asset Jun. 2010

Purchase value of JCPenney shares

$858,000,000
Earnings 2009 N/A
Sale of Asset Apr. 2009

Sale of his 19th-floor, 11-room, four-bedroom, two-terrace apartment at the Majestic on Central Park West

$12,000,000
Earnings 2008 N/A
Others Mar. 2008

Money provided to Borders Group as loan

$42,500,000
Earnings 2007 N/A
Asset Dec. 2007

Ownership of a 10% stake in Target Corporation

$420,000,000
Earnings 2006 N/A
Sale of Asset Sep. 2006

Selling price of Tim Horton's doughnut chain

$670,000,000
Earnings 2004 N/A
Asset Feb. 2004

Founding of Pershing Square Capital Management

$54,000,000
Show all earnings