Seth Klarman is an investor and hedge fund manager. American billionaire is a portfolio manager and CEO of Baupost Group, a private investment partnership. Klarman is an author and value investing advocate. He makes a living buying uncommon properties and managing $27 billion in assets.
Quick Info
| Famous name: | Seth Klarman |
| Real name/Full name: | Seth Andrew Klarman |
| sex: | male |
| Year old: | 65 years old |
| Date of birth: | May 21, 1957 |
| Place of birth: | New York City, USA |
| Nationality: | American |
| Height: | 1.85 m |
| Weight: | 90 kg |
| Sexual orientation: | Straight |
| Marital status: | Married |
| Spouse (name): | Beth Schultz Klarman |
| Children (sons and daughters): | That thing |
| Date/Girlfriend (name): | Are not |
| Is Seth Klarman gay?: | Are not |
| Job: | Hedge fund investors and managers |
| Wage: | ABOVE |
| Net worth in 2023: | 2 billion dollars |
Biography of Seth Klarman
Seth Andrew Klarman was born in New York on May 21, 1957. His mother is a psychiatric social worker and his father is a public health economist. His parents divorced after moving to Baltimore. His brother Michael works at Harvard Business School.
Seth has always been interested in business ventures. He bought his first stocks when he was ten years old. He soon began receiving stock quotes by dialing his broker’s number. Cornell University awarded Seth Klarman the prestigious prize in economics. After graduating from university, he worked in a company for 18 months. Klarman later attended Harvard Business School as a Baker Scholar.
Seth Klarman Age, Height, Weight
Seth Klarman was born on May 21, 1957, he is 65 years old as of 2023. He is 1.85 m tall and weighs 90 kg.
Seth Klarman
Career
Seth Klarman decided to do an internship at Mutual Fund after completing his studies. In 1982, he founded the Baupost Group. The company has seen many changes and faced many challenges over the years. He also owns a minority stake in the Boston Red Sox, a professional baseball team.
After the financial crisis of 2007-2008, in 2009, he started buying problem bonds of CIT Group. By 2016, his fund had nearly $31 billion in assets under management. Klarman is a conservative investor known for his unusual investments. Even with unique strategies, he still achieves high profits. Klarman prefers failed companies.
Seth Klarman also enjoys horse racing. He runs against William Lawrence and is the owner of Klaravich Stables Inc. In addition, he is the president of The Times of Israel, an online English-language newspaper based in Israel. In 1995, he chaired the conference Facing Your History. He has devoted liberally to various political parties, Harvard Business School and Cornell University.
Klarman is also an author. In 1991, he published his only book ‘Margins of Safety, Risk-Averse Investment Strategies for the Attentive Investor’. The book discusses various issues related to investors and investing in citizens. The book has become a cult classic, and a copy is now worth $4,000. He edited the book ‘Security Analysis’ by David Dodd and Benjamin Graham in 2008. Seth also sends out numerous annual letters to shareholders.
Seth Klarman Achievements and Awards
Seth Klarman was inducted into the Alpha Hedge Fund Manager’s Institutional Investor Hall of Fame in 2008. He is known as the “Warren Buffet of his generation” because of his experience and success. . In 2011, he received the Harvard Business School Alumni Achievement Award. He was named a co-winner of the Eclipse Awards 2019.
Seth Klarman Net Worth 2023
Seth Klarman’s net worth is $2 billion as of April 2023. He is one of the highest-paid hedge fund managers in the world. Seth is extremely talented and has made a significant investment. He has profited from his business ventures by investing in value. Over the past three years, the billionaire investor has made 6.6% annual returns. Seth is the co-founder of Baupost Group, a $30.21 billion asset management company.
Seth Klarman is known to be a quiet investor. He managed to run a hedge fund company despite making little public appearances. His company fortune has grown from $30 million in 1982 to $30 billion in 2013. Seth is an inspiration to many and has donated extensively. He has contributed to both Republican and Democratic candidates. This proves that he is not affiliated with any political party. The legendary value investor also has a sizable personal fortune.
Seth Klarman’s Wife, Marriage
Since 1982, Seth Klarman has been married to Beth Schultz. He lives in Chestnut Hill, Massachusetts, with his family. Klarman is the father of three children. Despite his popularity and success, he prefers to live a modest life. He rarely agrees to give interviews or speak in public. Seth Klarman is also a philanthropist, having founded The Klarman Family Foundation.
Categories: Biography
Source: HIS Education