By Florence Gaitho on March 22 2014
Israel Englander Net Worth: $3.3 Billion
Israel Englander is an American hedge fund manager and a self-made billionaire. He is a co-founder of Millennium Management LLC, which is a global investment management firm. Englander developed an interest in the stock exchange market when he was still young. In fact, he was already trading stocks while in college. Today, he is one of the most financially successful hedge fund managers in the United States. He has an estimated net worth of $3.3 billion.
Englander was born in 1978 in Brooklyn, New York to a Jewish family. He attended the University of New York, from which he obtained a degree in finance in the year 1970. He made an attempt to obtain an MBA from the same institution, but was unable to do so after he got a full-time job at Kauffman, Alsberg & Co. Once the America Stock Exchange listed an option, he purchased a seat on the exchange.
In 1977, Englander established a floor brokerage house known as I.A Englander and Co., where he remains a minority shareholder. Together with John Mulheren Jr., they formed an investment firm known as Jamie Securities Co. in the year 1985. In 1989, alongside Ronald Shear, they established Millennium Management LCC with a capital of $35 million. Englander, who currently resides in New York City, is a loving husband and a father of three.
Florence Gaitho is a Kenyan Citizen and saying that she likes writing would be an understatement. She is a passionate writer and writing has always been her first love. Florence studied at Mount Kenya University, where she attained a Bachelor of Arts Degree. She has been a professional web content/blog/article writer since 2011, and has written articles on diverse fields.