{"id":216563,"date":"2023-11-15T20:29:38","date_gmt":"2023-11-15T20:29:38","guid":{"rendered":"https:\/\/bestwnews.com\/?p=216563"},"modified":"2023-11-15T20:29:38","modified_gmt":"2023-11-15T20:29:38","slug":"what-is-leon-coopermans-net-worth-the-sun","status":"publish","type":"post","link":"https:\/\/bestwnews.com\/world-news\/what-is-leon-coopermans-net-worth-the-sun\/","title":{"rendered":"What is Leon Cooperman's net worth? | The Sun"},"content":{"rendered":"
LEON Cooperman \u2014 businessman, hedge fund manager and trader \u2014 is one of the wealthiest investors in the world.<\/strong><\/p>\n The 80-year-old from America reportedly invested in Manchester United in November 2023 \u2014 here we take a look at his life, wife, and net worth.<\/p>\n <\/p>\n Leon Cooperman has a net worth of approximately $2.8billion dollars.<\/p>\n He currently serves as the chairman and CEO of Omega Advisors, a New York-based investment advisory firm managing over $3.3 billion in assets under management.<\/p>\n Most of the money managed consists of his personal wealth.\u00a0<\/p>\n Forbes magazine regards Cooperman as a \u201cWall Street legend\u201d and ranks at number 24 in the highest-earning hedge fund managers list from 2018.<\/p>\n "I\u2019m the first generation in my family born in America, first generation to go to college. All of my education is public-school-based,\u201d Cooperman said in a CNBC interview in 2020.<\/p>\n In 2018, he converted Omega Advisors into a family office, claiming he did not want to spend more time chasing the S&P 500 market index.<\/p>\n Cooperman, who hails from South Bronx, New York City, made a career managing hedge funds and trading stocks \u2014 he was voted the number one portfolio strategist in the Institutional Investor for nine years.<\/p>\n He was the first in his family to earn a college degree, later receiving his MBA from Columbia Business School in 1967.<\/p>\n <\/picture>‘HANG IN THERE’ <\/span><\/p>\n <\/span><\/p>\n <\/picture>GAME OF PHONES<\/span><\/p>\n <\/span><\/p>\n <\/picture>PACKET IN <\/span><\/p>\n <\/span><\/p>\n <\/picture>SU COMES OUT SWINGING <\/span><\/p>\n <\/span><\/p>\n Cooperman worked for 22 years at Goldman Sachs in the Investment Research Department.<\/p>\n He held the title as partner-in-charge, co-chairman of the Investment Policy Committee and chairman of the Stock Selection Committee while there.<\/p>\n In 1989 he was named chairman and chief executive officer of Goldman Sachs Asset Management.<\/p>\n Cooperman retired from Goldman Sachs two years later and organized a private investment partnership \u2014 Omega Advisors, Inc.<\/p>\n According to Bloomberg, in November 2023 the former hedge fund manager bought just shy of\u00a0a million\u00a0shares in Manchester United.<\/p>\n Leon's shares are understood to be valued at around $16.8million (\u00a313.5million).<\/p>\n Leon is married to Toby Cooperman, a retired special education specialist with a lifelong interest in helping those with learning disabilities.<\/p>\n The pair met in French class at the Hunter College Bronx campus \u2014 now Lehman College \u2014 and got married the same year they finished.<\/p>\n For more than 20 years Toby has worked at the Early Childhood Learning Center, a school for special education students in Chatham, New Jersey.<\/p>\n She established a special needs department at the Leon and Toby Cooperman Jewish Community Center of MetroWest New Jersey.<\/p>\n Toby currently serves on the Board of JFS and the Federation Board of UJA of South Palm Beach County.<\/p>\n Toby and Leon are philanthropists and regularly donate to charitable causes and institutions they support.<\/p>\n In 2011 the couple donated $25million to Hunter College, Columbia Business school \u2014 the largest donation the educational institution has ever received.<\/p>\n At the time Hunter president Jennifer Raab said: "With the Coopermans' gift, the library \u2014 which will cost a total of $45 million \u2014 is now only $9 million short of its goal."<\/p>\nWhat is Leon Cooperman's net worth?<\/h2>\n
Who is Leon Cooperman?<\/h2>\n
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