Noam Gottesman (born May 1961) is a New York City-based, Israeli-American businessman and former hedge fund manager and co-founder of GLG Partners. Gottesman has dual citizenship in the US and UK, and was listed on the April 2014 Forbes 400 list of richest people in America with a net worth of $2 billion.
Early life and education
Gottesman was born in May 1961, to a Jewish family, the son of Israel Museum President Dov Gottesman. He received a B.A. from Columbia University.
Career
Gottesman worked at the Goldman Sachs London office and became its executive director while managing global equity portfolios for their private client group. He left Goldman Sachs in 1995 with Pierre Lagrange and Jonathan Green to co-found GLG Partners. The company went on to manage $24.6 billion and become a publicly traded entity on the New York Stock Exchange (November 2007) and had up to $24.6 billion in assets under management. Gottesman and his partners sold the company to the Man Group in October 2010 for $1.6 billion. Gottesman continued to serve as GLG’s co-CEO until January 2012 when he became the non-executive Chairman for GLG’s business in the US.
Gottesman is the CEO of the investment company TOMS Capital. Other activities include ownership of the restaurant Eleven Madison Park trustee at his alma mater Columbia University and board member at the Tate Gallery Foundation.
Personal life
Gottesman married Geraldine Gottesman and had four children. They later divorced. Gottesman comes from a family of art collectors and is among the 200 most notable collectors according to ARTnews. He owns pieces by Francis Bacon and Lucian Freud and Andy Warhol. In 2008, Gottesman sold his 14,700-square-foot mansion in London’s Kensington neighborhood to billionaire steel tycoon Lakshmi Mittal.
In 2014 he was dating the actress Lucy Liu In 2015, Gottesman married Bianca Dueñas, director of sales for fashion designer Reed Krakoff.
Noam Gottesman Net Worth: Noam Gottesman is an Israeli-American businessman who has a net worth of $2 billion. Noam Gottesman made his first step towards riches in 1995 when he set up the London-based hedge fund GLG with two partners. Twelve years later, they took the company public in a reverse merger and in 2010 they sold it to Man Group for $1.6 billion. After the acquisition, Gottesman stepped down as CEO while still holding a significant share. In addition, he has made some other investments and holds a contemporary art collection with works by Andy Warhol, Francis Bacon and Lucian Freud. Furthermore, he backs financially the Manhattan restaurant Eleven Madison Park. In 2008, he made several major deals. First, he sold a 14,700-square-foot mansion in London’s Kensington neighborhood to steel tycoon Lakshmi Mittal, and then he bought a former ice factory for $34 million in downtown Manhattan, tore it down and built a 12,000-square-foot home.
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