Scott Louis Shleifer (born 1977) is an American billionaire hedge fund manager, and the co-founder of Tiger Global Management's private equity investing business. As of September 2022, his net worth was estimated at US$3.5 billion.[1]
Scott Shleifer | |
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Born | Scott Louis Shleifer 1976 or 1977 (age 47–48) Portland, Oregon, US |
Education | University of Pennsylvania |
Occupation | Hedge fund manager |
Known for | co-founder of Tiger Global Management's private equity arm |
Spouse | Elena Shleifer |
Early life
editShleifer was born and raised in suburban Portland, Oregon.[2] His father, Stuart Shleifer, ran Shleifer Furniture, the family business, until it closed.[2] The company was founded in 1936 by Stuart Shleifer's father and grandfather, and the Shleifer Furniture building was originally the Chamberlin Hotel.[3] The store closed in 2015, and was sold (along with a 15,000-square-foot warehouse) to Brad Malsin, head of Beam Development who plans to turn the 45,000-square-foot building back into a hotel.[3] According to Scott, "My father sold couches for a living."[4] He is of Jewish descent.[5][6]
Shleifer graduated from Beaverton High School in 1995, and in 2021 donated $1.8 million to the school.[6]
Shleifer earned a bachelor's degree from the University of Pennsylvania's Wharton School in 1999.[1][7]
Career
editAfter college, he worked as an analyst at Blackstone for three years.[1] In 2003, Shleifer co-founded Tiger Global Management's private equity investing business.[1] He moved Tiger Global into venture capital, especially in China, and expanded aggressively.[4]
In 2019, he was included in Wharton magazine's "40 under 40" list, and said his no 1 role model is Julian Robertson.[8] He is managing director and a partner at Tiger Global Management.[9]
Personal life
editShleifer has been married to Elena since at least 2011, and they live in New York City.[1][7][10] In February 2021, he purchased a 21,000-square-foot mansion in Palm Beach, Florida for $122.7 million.[1] He reportedly only looked at the house for 15 minutes before deciding to buy it.[4]
In January 2022, Scott and Elena Shleifer gave $18 million to the University of Pennsylvania.[7][11]
References
edit- ^ a b c d e f "Forbes profile: Scott Shleifer". Forbes. Retrieved 10 September 2022.
- ^ a b Parmar, Hema. "Tiger Global's $65 Billion Man Shrugs Off China Crackdown Threat". Bloomberg LP. Retrieved 10 September 2022.
- ^ a b Bell, Jon (September 21, 2015). "Shleifer Furniture to shutter after 80 years, will clear way for Central Eastside hotel". Portland Business Journal. Retrieved 10 September 2022.
- ^ a b c Celarier, Michelle (June 17, 2022). "Masters of the Bubbleverse Secretive hedge fund Tiger Global changed the rules on tech investing. Then it all went bad". NY Mag. Retrieved 10 September 2022.
- ^ "The World's Jewish Billionaires". Forbes Israel. February 2, 2023.
- ^ a b "Scott Shleifer donates $1.8 Million to Beaverton High School". Oregon Jewish Life. October 7, 2021. Retrieved 10 September 2022.
- ^ a b c "$18 Million Gift to Support the Shleifer Family Penn First Plus". University of Pennsylvania. January 18, 2022. Retrieved 10 September 2022.
- ^ "Scott Shleifer". Wharton Alumni Magazine. December 12, 2019. Retrieved 10 September 2022.
- ^ "Scott Louis Shleifer". Bloomberg LP. Retrieved 10 September 2022.
- ^ "The UJA-Federation of New York Wall Street Dinner". Getty Images. 11 February 2012. Retrieved 10 September 2022.
- ^ Donnelly, Shannon. "Palm Beach philanthropy: Gift from resident puts Ivy League experience within reach". Palm Beach Daily News. Retrieved 10 September 2022.