#95
Israel Englander
Overview
- Source of Wealth
- Hedge funds
- Industry
- Finance & Investments
- Residence
- New York, New York
- Organization
- Founder at Millennium Management, L.L.C.
- Education
- New York University (Bachelor of Arts/Science)
- Marital Status
- Married
- Children
- 3
Biography
Israel Englander founded Millennium Management in 1989 with $35 million. Now, the hedge fund firm manages over $77 billion.
Israel Englander, or Izzy, is the son of Polish immigrants.
Englander's hedge fund uses a multi-manager platform, feeding more capital to those who perform well and getting rid of traders who perform poorly.
Englander once backed a professional gambler named Jeff Yass, who began trading on the Philadelphia Stock Exchange in 1981 and has since become a billionaire.