John Arnold
Overview
- Source of Wealth
- Hedge funds
- Industry
- Finance & Investments
- Residence
- Houston, Texas
- Organization
- Founder at Centaurus Advisors
- Education
- Vanderbilt University (Bachelor of Arts/Science)
- Marital Status
- Married
- Children
- 2
Biography
John Arnold shocked the hedge fund world in 2012 when, at just 38 years old, he announced he would no longer manage other people's money.
A hugely successful energy trader, Arnold once worked at Enron, earning the disgraced company a reported $750 million the year it went bankrupt.
From its ashes, Arnold built his own hedge fund, Centaurus Advisors.
In recent years Arnold has invested in solar farms and deepwater oil developments in the Gulf of Mexico.
He and his wife Laura's Arnold Ventures focuses on reforming criminal justice, higher education, health, infrastructure and public finance
About
As a kid, Arnold's earliest trades included buying hockey cards in Texas and selling them in Canada. "Looking back what I was doing was geographic arbitrage."
The Arnolds' impact investing includes CivicaRx, which plans to manufacture 14 generic drugs and sell them cheap.