Forbes just released their definitive 2020 ranking of the worldâs richest humans. While itâs still a little early for the official âForbes 400,â we thought weâd take a look at how last yearâs top contenders from the 400 were fairing so far in this year’s international rankings. This Bloomberg LP co-founder lives in Croton-on-Hudson. By the early 1990s, Och was running Goldman's proprietary trading group, but he left the firm in 1994 to head out on his own. A former professor of computer science at Columbia University, Shaw maintains a home in Hastings-on-Hudson. This is Me - Control Profile. Net worth: $3.1 billion. Och purchased the Central Park West apartment for almost $22 million in 2008. Forbes estimated his worth at $3.9 billion in 2008. Aside from courting and then rebuffing a proposal for Amazonâs âHQ2â East Coast hub, does Westchester really have a connection to the richest man in the world? Guess he shouldnât have dropped so much on that presidential bid, huh? Och and his wife, Jane, own a home in Scarsdale that they purchased for $2.3 million in 2004. Net worth: $5.8 billion. 01/25/08 11:30PM. Och is the founder and senior managing member of Och-Ziff Capital Management Group. With a $100 million grubstake from the Ziff BrothersâDirk, Robert, and Daniel, the heirs to the Ziff Davis publishing fortune established by their grandfatherâOch founded Och-Ziff Capital Management. Och was worth more than $4.5 billion the day after Och-Ziff Capital went public and he earned some $570 million in 2007, according to Forbes. The world-famous designer, now 80, rounds out Westchesterâs representation in the international list from his home in Bedford. The couple recently picked up an apartment at 15 Central Park West; their neighbors in the building include Sandy Weill, Lloyd Blankfein, Dan Loeb, and Bob Costas.
The 73-year-old is actually a former New Yorker and newly minted Floridian, but youâll still see his name all over Westchester, including a state park (currently in disuse) and the Trump Tower building in New Rochelle.
Hedge fund management. 6 Dolma Rd, Scarsdale, NY 10583: H Lawrence Kaufman Inc, Joan B Kaufman Interiors Inc: 11 Dolma Rd, Scarsdale, NY 10583: Daniel S Och, Jane C Och: 12 Dolma Rd, Scarsdale, NY 10583: Cc Realty Enterprises Llc, Carol S Crane: 15 Dolma Rd, Scarsdale, NY 10583: Hpb Aviation Inc, Jhpb Aviation, Llc: 18 Dolma Rd, Scarsdale, NY 10583 Net worth: $3 billion, up 10%! Och, who collects modern and contemporary art, is currently a member of the board at the Museum of Modern Art in New York. Yes, it turns out: Jeffâs brother, former Robin Hood VP and volunteer firefighter Mark Bezos lives with his family in Scarsdale, where his wife grew up. Daniel Och Scarsdale, New York.
According to Forbes, his foundation has received at least $350 million. Net worth: $6.1 billion, up more than 10% from last year. Come by for family dinner more often, Jeff. Net worth: $48 billion.
Photos | Summary | Follow. This Bloomberg LP co-founder lives in Croton-on-Hudson. Och, who collects modern and contemporary art, is currently a member of the board at the Museum of Modern Art in New York. Founder, chairman, and former CEO of hedge fund group Och-Ziff Capital Management, Och is a Scarsdale resident.
Bet you donât remember that from The Social Network.
Net worth: $54.7 billion. The young buyers of an iconic home at 11 Dolma Road in Scarsdale have filed an application to raze the house, pool and pool house on the 3.26 acre property.Sarah and Steven Binetter purchased the home in November 2019 for $7.8 million along with an adjacent 1.6 acre property at 100 Mamaroneck Road from Daniel and Jane Och. It is the philanthropic vehicle of Daniel Och, the founder and chair of Och-Ziff Capital Management, a global hedge fund. ... Daniel Och. After a career in which he donated nearly $32 billion to charities and left-leaning political candidates, Soros made headlines a different way in 2018, when rightwing extremist Cesar Sayoc Jr. mailed improvised letter bombs to Soros, Hillary Clinton, former President Obama, Joe Biden, and more. Net worth: $3.1 billion #680 – Thomas Secunda. The fund expanded accordinglyâit had $5 billion under management in 2002, but the figure grew six-fold by early 2007âalthough Och's performance didn't necessarily follow suit. Och and his wife, Jane, have also started a foundation providing grants for Jewish causes, hospitals, and the Robin Hood Foundation. Yes, the Facebook mega-mogul is a native of Westchester â born in White Plains and raised in Dobbs Ferry. Och's sluggish performance became a topic of conversation in 2007 when he announced plans to take Och-Ziff public, hot on the heels of successful initial public offerings by the likes of Fortress Investment Group and the Blackstone Group; more chatter followed Och's decision to sell a 10 percent stake in the fund to Dubai Capital for $1.3 billion.
Topping the list again this year â and perpetually â is Amazon founder and CEO Jeff Bezos. According to. We want to hear from you! #648 – Daniel Och. In 2008, Och’s firm paid Zimbabwean dictator Robert Mugabe $100 million for platinum-mining rights, prompting protesters gathered outside his apartment building on Central Park to call him the “King of Wall Street Sleaze.” The firm was eventually hit with a $412 million fine.
He has since stepped down as chairman of his hedge fund, the largest publicly traded firm of its kind, and no longer has a role. Wharton grad Och joined Goldman's famed risk arbitrage group in 1982, honing his trading skills under the department's chief, Bob Rubin, and working alongside such future hedge fund superstars as Richard Perry and Eddie Lampert.
He tied with Donald Trump in last yearâs Forbes 400. The politically active 89-year-old hedge fund magnate lives in Katonah.
View Photos. Explosive Devices Mailed to Hillary Clinton and George Sorosâ Westchester Addresses, US Open at Winged Foot Moves to September, WATCH: Danny DeVito and Other Celebs Are Begging New Yorkers to Stay Indoors.
He has since stepped down as chairman of his hedge fund, the largest publicly traded firm of its kind, and no longer has a role. Net worth: $7.3 billion, up a full billion from last year. Co-founder of an investments firm, the Bronx-born Siegel resides in Scarsdale. Like many hedge funds, Och-Ziff went into expansion mode prior to the market downturn in 2007: Once primarily an arbitrage fund, Och later branched out into distressed investing, buyouts and real estate. With the company's stock price far below the IPO price, though, Och has seen his net worth dive since then.
Today the publicly-traded company has some $30 billion under management. According to Mansion Global, Och purchased the Central Park West apartment for almost $22 million in 2008.
Daniel Och’s firm manages about $32 billion in assets. Och and his wife, Jane, have also started a foundation providing grants for Jewish causes, hospitals, and the Robin Hood Foundation.
He lives in Rye. Net worth: $2 billion. Daniel Och was the longtime CEO and chairman of the hedge-fund firm Och-Ziff Capital Management Group (now Sculptor Capital Management) and during his tenure is believed to have been one of the world’s largest hedge-fund managers, based on assets under his control. He became a billionaire in 2007 when his hedge fund went public. According to, at least $350 million. ARTnews in Brief: Kasmin Now Represents George Rickey—and More from November 2, 2020.
Since last year the presidentâs holdings have been reevaluated down from $3.1 billion. Read More: Explosive Devices Mailed to Hillary Clinton and George Sorosâ Westchester Addresses. Besides finance and philanthropy, Och has said his personal interests are “skiing and history.” In 2019, Och listed his penthouse at Manhattan condominium 15 Central Park West for $57.5 million. Send us a tip using our anonymous form.
He tied with Donald Trump in last year’s Forbes 400. Besides finance and philanthropy, Och has said his personal interests are “skiing and history.” In 2019, Och listed his penthouse at Manhattan condominium 15 Central Park West for $57.5 million. After accumulating a net worth of $2.9 billion, he and his wife, Jane, kicked off their philanthropy with $15 million to a Jewish day school where Daniel’s mother once worked as a history teacher and administrator. Net worth: $2.1 billion. Founder, chairman, and former CEO of hedge fund group Och-Ziff Capital Management, Och is a Scarsdale resident. 871. cityfile. Several months later, he joined high-profile owners in the Upper West Side in an exodus for the newly built nearby tower 220 Central Park South, where he bought an apartment for $95 million, making it one of the most expensive units of its kind in Manhattan. Copyright © 2020 Penske Business Media, LLC.
#1001 – Donald Trump Amid pandemic and economic downturn, more than 2,000 people still qualified for the âbillionairesâ list.
Once upon a time, Och-Ziff Capital Management was the largest publicly-traded hedge fund in the world and a giant in the industry. The stock is underwater, all four of Och-Ziff's funds were down for the first quarter of 2008, and there have been persistent rumors that investors are withdrawing money from the funds.
Alas, the global credit crisis hasn't been a boon to Och-Ziff shareholders or investors.
GIRARD, PA: Physical Address: 227 Wellington Ln Girard, PA 16417 : … Daniel Och Takes Another Step Back From The Hedge Fund Empire He Built Och-Ziff will distribute power among a wider range of shareholders . The Ochs spend vacations in Aspen at a home they purchased for $4.7 million in 2004. Jane Och, 57 Scarsdale, NY. Net worth: $3 billion, up 10%!
Several months later, he joined high-profile owners in the Upper West Side in an exodus for the newly built nearby tower 220 Central Park South, where he bought an apartment for $95 million, making it one of the most expensive units of its kind in Manhattan. Get our latest stories in the feed of your favorite networks. (Though 51% are less rich than they were in 2019.). Och is the founder and senior managing member of Och-Ziff Capital Management Group. Contemporary art; Modern art Overview Daniel Och was the longtime CEO and chairman of the hedge-fund firm Och … (Sheâs #22 on the list now.). (Annual returns were comparable to the S&P.) Net worth: $113 billion, even after signing over $36 billion to ex-wife Mackenzie. With three Westchester homes (two in North Salem and one in Armonk), the former Mayor of NYC is down around $3 billion from last year. Net worth: $8.3 billion. The 93-year-old is a Harvard Business School grad who bought into Berkshire Hathaway early. Och is a member of the board of the Wall Street division of UJA, the AJC, the Birthright Israel Foundation, and the Robin Hood Foundation, where he sits alongside fellow finance big wigs Lloyd Blankfein, Paul Tudor Jones, Glenn Dubin, Dick Fuld and Stevie Cohen, among others. He founded the firm in 1994, and the following two-and-a-half decades have not been without their share of scandal. All Rights reserved.