Leon G. Cooperman
Overview
- Source of Wealth
- Hedge funds
- Industry
- Finance & Investments
- Residence
- Boca Raton, Florida
- Organization
- Founder at Omega Advisors, Inc.
- Education
- Columbia Business School (Master of Business Administration)Hunter College (Bachelor of Arts/Science)
- Marital Status
- Married
- Children
- 2
Biography
A Wall Street legend, Leon Cooperman built up Goldman Sachs' asset management division, GSAM, in his quarter century with the investment bank.
Cooperman founded Omega Advisors in 1991, a hedge fund known for strong performance; he shut down the fund at the end of 2018.
In 2017, Cooperman settled SEC insider trading charges by paying $4.9 million, but neither admitted nor denied the accusations.
In 2019 and 2020, Cooperman began shifting more of his assets into his charitable foundation. He plans to give his fortune away.
The son of a plumber from the Bronx, Cooperman went to public schools, Hunter College and then got an MBA from Columbia University.
About
A dedicated philanthropist, Cooperman has signed the Giving Pledge. He set up a college scholars fund and is a donor to Hunter College and Columbia Business School.