Larry Robbins – Billionaire

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Larry Robbins (born 1969) is an American investor, hedge fund manager, and philanthropist. He is the chief executive of Glenview Capital Management, a hedge fund with approximately $9.2 billion of assets under management as of July 2014.

Early life and education

Robbins grew up in a Jewish family in Arlington Heights, Illinois. He graduated with honors from the Jerome Fisher Program in Management and Technology at the University of Pennsylvania in 1992, where he received a B.S. in economics with concentrations in accounting, finance, marketing and a B.S in engineering, with a major in systems engineering. Robbins played hockey throughout college and was captain of the University of Pennsylvania club team for three years. Robbins became a Certified Public Accountant in 1991 in Illinois.

Investment career

After graduation, Robbins worked at Gleacher & Company, a merger and advisory boutique in New York. He joined Leon Cooperman at Omega Advisors after three years at Gleacher. Robbins spent six years as an analyst and partner at Omega Advisors on their US equity long/short team. Robbins left Omega to start Glenview Capital Management in 2000, named after the suburban Chicago hockey area where he started playing hockey at age five. In 2012, he made a successful bet by investing in hospital companies that he thought would benefit from Obamacare. Unlike most hedge funds, Robbins is known for holding stocks for years and not employing stop-losses. From inception until June 2013, the fund averaged 15% returns of net of fees. Robbins is currently the firm’s CEO and portfolio manager.

Summary

Larry Robbins
Born	1969 (age 47–48)
Residence	Alpine, New Jersey, U.S.
Nationality	United States
Education	B.S. University of Pennsylvania
Occupation	Investor, hedge fund manager, and philanthropist
Known for	Founding and managing Glenview Capital Management Owner of the Chicago Steel
Net worth	US$2.3 billion (December 2015)
Spouse(s)	Amy Robbins (divorced) Sarahmay Wesemael
Children	4

Larry Robbins Net Worth: Larry Robbins is an American businessman and entrepreneur who has a net worth of $1.71 billion. Larry Robbins was born in Alpine, New Jersey in 1969. Robbins is the founder, CEO, and portfolio manager of Glenview Capital Management. Glenview is a hedge fund that has about $9 billion of capital under their management. Robbins graduated from the Wharton School of Business and Moore School of Engineering at the University of Pennsylvania in 1992. He was the captain of the University of Pennsylvania hockey team for three years. He became a Certified Public Accountant in Illinois in 1991. He first worked at Gleacher & Company in New York for three years before joining Omega Advisors as an analyst and partner. In 2000 he left Omega to start Glenview Capital Management. Glenview held the Bloomberg Markets ranking of the best-performing large hedge funds in January 2014. Larry Robbins has been listed in the Top 10 Super Investors to follow in “The Manual of Ideas”. He is also a philanthropist who is the chairman of the board for the Knowledge is Power Program New York and Relay Graduate School of Education. He is also a member of the Board of Directors for The Robin Hood Foundation and Teach for America. He married Sarahmay Wesemael in 2012 and has four sons with his first wife Amy.

Source:

1. wikipedia

2. celebritynetworth