Fund Manager facts
While investigating facts about Fund Manager Salary and Fund Manager Code Of Conduct, I found out little known, but curios details like:
A billionaire hedge fund manager once paid Kenny Rogers $4 Million to sing The Gambler over and over a dozen times at his birthday party.
how fund managers make money?
Ellen Pao's husband Buddy Fletcher is a former hedge fund manager, but his fund went bankrupt after Fletcher and associates diverted investor funds for their own personal benefit, causing the loss millions of $$$ to Louisiana pensioners. He is now under investigation for civil fraud.
What fund managers?
In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what is a hedge fund manager. Here are 48 of the best facts about Fund Manager Salary Uk and Fund Manager Jobs I managed to collect.
what fund managers do?
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George Soros used a loophole to defer paying taxes and instead reinvest his money. Following this rule, after 40 years a Hedge Fund manager could amass $15.9B as opposed to $2.4B (amount if taxes were paid when the money was earned).
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When hedge fund manager Eddie Lambert merged Sears and Kmart into one company he was hailed as the next Warren Buffett, capable of turning around struggling businesses. Today he is blamed for running Sears and Kmart into the ground
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Billionaire hedge fund manager Paul Tudor Jones was the subject of a 1987 PBS documentary called "Trader" and wants to hide it from the public so much that he buys every copy that becomes available and tries to block it from being aired on the internet
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Apple controls 'the world's biggest hedge fund' called Braeburn Capital. It manages over 100 billion and helps the company avoid tax
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In Canada, there are currently NO shelters for male victims of violence or sexual abuse and that Earl Silverman, the previous owner and manager of the country's only male shelter, committed suicide when he was forced to sell his house and shelter due to lack of funding.
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The band Vulfpeck hosted a tour with free admission, funded by releasing an album on Spotify containing silent songs of 30 seconds to be played by fans during their sleep. Spotify later took it down; the band managed to raise $20,000.
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A billionaire hedge fund manager spent $50million investigating HERBALIFE and exposing it as pyramid scheme in a public presentation. HERBALIFE share price shot up 25% as a result.
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Reddit's CEO is suing her former employer for discrimination and sexual harassment, is married to man who left his long-term boyfriend for her and sued his condo, the Dakota in NYC, for racial discrimination after not selling him another unit following the collapse of the hedge fund he manages
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John Paulson, an American hedge fund manager, earned almost $4 billion on Wallstreet in 2007. He donated $100 milllion to the Central Park Conservancy, which at the time represented the largest monetary donation in the history of New York City’s park system.
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The top 25 hedge fund managers in America make more than all the country's kindergarten teachers combined
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Why are hedge fund managers so rich?
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In 2009 the city of Chicago had leased its parking meters for 75 years at a price of $1.15 billion to a fund managed by Morgan Stanley with Abu Dhabi investing being the largest stake holder. The meters collected $134.2 million in 2017 and its on its way to recoup investment by 2021.
In 2007 historian Niall Ferguson made a 7:1 bet with a hedge fund manager that there would be another recession within 5 years while researching his book the Ascent of Money. Ferguson claimed winnings of $98,000. - source
One of the richest hedge fund managers in the world bought his old boss’s house for $40m and tore it down for revenge - source
Germany does not extradite German citizens which is why Florian Homm, a hedge fund manager who the US sentenced to 225 years in jail for ripping off his investors for hundreds of millions of dollars, is currently living in self-imposed exile in Germany to avoid extradition.
Secretary of the Treasury Steve Mnuchin, former Goldman Sachs CIO and hedge fund manager, has produced 45 films to date, including The LEGO Batman Movie, Edge of Tomorrow, The Accountant, and Mad Max: Fury Road. - source
When is high functioning autism diagnosed?
In 2010 after the BP Oil Spill, Stephen Colbert declared that every time he said the word "bing," the Microsoft search engine would donate $2,500 to oil-spill cleanup efforts. He managed to say "bing" 40 times thereby raising $100,000 for his charity:the Colbert Nation Gulf of America Fund.
How fund manager works?
Laila Haidari- "Mother of 1000 Children." The Afghan woman, once sold into marriage and divorced her husband under Islamic law, who manages a restaurant in Kabul to fund her drug treatment facility.
For every dollar a hedge fund investor earned since 1998, the hedge fund managers kept $42 for themselves.
A billionaire hedge fund manager had to go to court to prove to New York City that he didn't spend the night in the city on July 23, 2000 to avoid a $27 million tax bill
The most valuable record ever sold is Wu-Tang Clan's *Once Upon A Time in Shaolin*, of which only one was produced. It was purchased for 2 Million Dollars by infamous hedge fund manager, Martin Shkreli.
Yale pays their hedge fund managers $480,000,000 - which is so much, that if combined with current financial aid funds, would cover full tuition costs ($49,480) for the entire enrollment (12,385)
