| David Einhorn Bio | Details |
|---|---|
| Full Name | David M. Einhorn |
| Date of Birth | November 20, 1968 |
| Place of Birth | Newark, New Jersey, USA |
| Nationality | American |
| Net Worth | $1 billion USD |
| Professions | Investor, Hedge Fund Manager, Philanthropist |
| Notable Achievements | Founder and President of Greenlight Capital hedge fund Known for high-profile short-selling campaigns Philanthropic contributions to charitable causes and organizations |
| Education | Graduated summa cum laude with a BA in government from Cornell University in 1991 |
| Career Beginnings | Started as an investment banker on Wall Street Worked at Donaldson, Lufkin & Jenrette and Siegler, Collery & Co. |
| Age | 54 years old (as of the current date) |
| Height | Information not publicly available |
What is David Einhorn’s Net Worth?
David Einhorn has a $1 billion net worth as an investor and hedge fund manager. David Einhorn founded Greenlight Capital, a North American hedge fund that specializes in corporate debt offerings and equities. It is best known for short selling Lehman Brothers stock prior to the 2008 financial crisis. Einhorn is an amateur poker player who has competed in various World Series of Poker tournaments aside from his hedge fund.
David Einhorn was born in New Jersey on November 20, 1968, as the eldest of three boys to Jewish parents Nancy and Stephen. His father founded Einhorn & Associates as well as the venture capital fund Capital Midwest Fund. The family relocated to Wisconsin in the mid-1970s. Einhorn graduated from Nicolet High School in Glendale in 1987. He attended Cornell University for his higher education, graduating summa cum laude with a BA in government in 1991.
Einhorn began his career as an investment banker on Wall Street after graduating from Cornell. He spent two years at the boutique investment bank Donaldson, Lufkin & Jenrette before joining the hedge fund Siegler, Collery & Co.
David Einhorn Bio
David M. Einhorn was born on November 20, 1968, in Newark, New Jersey, USA. He is a well-known American investor, hedge fund manager, and philanthropist.
Is David Einhorn a billionaire?
Yes, David Einhorn is a billionaire. As of 2023, his net worth is estimated to be more than $1.5 billion, with some sources reporting it as high as $1.8 billion​​. Einhorn is a well-known hedge fund manager, and the founder and president of Greenlight Capital, a hedge fund primarily focused on investing in debt offerings and equities​​. His wealth also includes substantial holdings such as being the 10% Owner of Dillard’s Inc with about 2,515,347 shares of Dillard’s Inc (DDS) stock worth over $776 million​.
How did David Einhorn make his money?
Einhorn began his career at the investment bank Donaldson, Lufkin & Jenrette after graduating from Cornell University with a degree in government. By 1993, he had joined the hedge fund Siegler, Collery & Company, where fund manager Peter Collery mentored the young analyst.
In 1996, he founded Greenlight Capital with only $900,000 in initial capital but a strong investing philosophy passed down from Collery. Even so, Einhorn did not strike gold overnight. He faced numerous challenges but remained committed to his value-oriented investment strategy. Over time, that strict discipline paid off.
Greenlight was inspired by Einhorn’s wife, Cheryl Strauss Einhorn, a well-known figure in her own right. Cheryl Strauss is a media consultant and adjunct professor at both Columbia and Cornell Universities.
How old is David Einhorn?
Born on 20 November 1968, David Einhorn is 54Â years old.
What stocks does David Einhorn own?
As of 2023, David Einhorn, the mind behind Greenlight Capital, has spread his bets across a handful of promising stocks. A lion’s share of his portfolio, almost 44.21%, is nestled in Green Brick Partners Inc (GRBK). Not too far behind, he’s also eyeing the energy sector with a 9.05% stake in CONSOL Energy Inc (CEIX). His financial acumen also drove him towards Brighthouse Financial Inc (BHF), where he parked 6.93% of his funds. Diversifying further, he allocated 3.74% and 3.56% of his portfolio to Black Knight Inc (BKI) and Tenet Healthcare Corp (THC) respectively. With his portfolio’s market value dancing around the $2 billion mark, it’s clear that Einhorn’s top 10 choices are where his confidence lies, holding a whopping 81.62% of his portfolio’s worth.
Who is David Einhorn married to?
David Einhorn was married to Cheryl Strauss Einhorn. They got married in 1993 but separated around 2017. Cheryl is known for her work as a media consultant and financial reporter, and they have three children together.
David Einhorn and Cheryl Strauss Einhorn have three children, with their eldest being a son named Mitch Einhorn​. Cheryl Strauss Einhorn is a significant figure in her own right; she’s the founder of CSE Consulting and has made a name for herself as an author, adjunct professor, media consultant, and financial reporter. Her expertise and consulting work have been recognized in the financial sector, making her a notable personality beyond just being David Einhorn’s spouse.
Greenlight Capital’s top holdings as of first-quarter 2023
| COMPANY | BUSINESS DESCRIPTION | % OF GREENLIGHT CAPITAL’S PORTFOLIO |
|---|---|---|
| Green Brick Partners (NASDAQ:GRBK) | Homebuilding and land development | 31.6% |
| Consol Energy (NYSE:CEIX) | Bituminous coal production and export | 8.6% |
| Brighthouse Financial (NYSE:BHF) | Annuity and life insurance | 7.5% |
| Kyndryl Holdings (NYSE:KD) | Technology and IT infrastructure services | 6.8% |
David Einhorn Net Worth Growth
| Year | Net Worth (in billions USD) |
|---|---|
| David Einhorn Net Worth 2023 | $1.0 |
| David Einhorn Net Worth 2022 | $0.9 |
| David Einhorn Net Worth 2021 | $0.8 |
| David Einhorn Net Worth 2020 | $0.7 |
| David Einhorn Net Worth 2019 | $0.6 |
