Bruce Kovner Net Worth
Bruce Kovner Net Worth $4.8 Billion
Bruce Kovner is a prominent businessman and a legendary stock trader. His trading skills were so great that he was featured in Jack Schwager's book Market Wizard. Bruce was born in Brooklyn New York in 1945. He was born into a Russian-Jewish family, which was forced to flee Russia in the 1900s for fear of persecution because of their atheist beliefs.
In 1962, Bruce joined Harvard College to pursue a Ph.D. but dropped out after suffering from writer’s block. The drop from Harvard did not deter him from pursuing his dreams. In 1983, he founded Caxton Associates an investment firm that manages proprietary and client capital.
Since its inception, the hedge fund has averaged 21% returns per year. In 2011, Bruce retired as the CEO of Caxton Associates. Andrew Law, his former chief investment officer, is the current chairman and CEO of the firm. As of March 2014, Bruce Kovner had a net worth of $4.8 billion.
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