After he wed his wife, Cheryl Strauss Einhorn, David Einhorn’s journey to becoming a millionaire as the founder and CEO of Greenlight Capital began. After he wed his wife, Cheryl Strauss Einhorn, David Einhorn’s journey to becoming a millionaire as the founder and CEO of Greenlight Capital began. Know More about David Einhorn and his net worth.
Who Is David Einhorn?
David M. Einhorn is an American investor and hedge fund manager who was born on November 20, 1968. A “long-short value-oriented hedge fund,” he is the founder and president of Greenlight Capital.
Einhorn, a New Jersey native, attended Cornell University and received his degree before founding Greenlight Capital in 1996.
The fund generated annualised returns of 26% during the following ten years, far higher than the market. Assets under management for Greenlight Capital dropped from nearly US$12 billion in 2014 to about $5.5 billion as of July 2018; the fund saw declines of 11.3% from 2014 through the end of 2017 and 34% more in 2018. He has been extensively covered in the financial press for the performance of his fund, his approach to investing, and his positions.
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What Is David Einhorn Net Worth?
David Einhorn, the director of Green Brick Partners, Inc., currently has an estimated net worth of $716.36 million. About 3,590,190 shares of common stock in Green Brick Partners, Inc. are held by David Einhorn. David Einhorn has sold assets at Green Brick Partners, Inc. for an estimated $199.18M during the last nine years.
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The 10,000 square foot estate home that the Einhorn family has shared with Rye, New York for many years, among other things, will be a factor in the impending divorce. Due to his years of success with Greenlight Capital, Einhorn has a net worth of more than $1.5 billion. But, he will also have to deal with the difficulties that the separation and divorce will have on his personal finances as well as those of his three children. Greenlight Capital employs Einhorn’s vast vault of gold, which is said to be stashed somewhere in New York City, as insurance against inflation.
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David Einhorn’s Past Insider Trading?
On July 1, 2015, David Einhorn placed his highest buy order for 8,476,863 units, totaling more than $84,77M. On January 27, 2021, David Einhorn placed a sale order for 6,850,00 units, totaling more over $140,77M. Over the course of their nine years with Green Brick Partners, Inc.
David Einhorn has completed around 9 transactions in total.
Typically, David Einhorn trades in January and July, with the busiest years being 2021, 2022, and 2014. On February 10, 2021, a sale order for 700,000 units totaling about $14.38 million was the most recent transaction.
Many Hedge Fund Marriage Failing
The marriage of David and Cheryl Strauss Einhorn is the most recent in a line of well-known hedge fund marriages that have experienced issues. Most recently, in December 2016, Pershing Square billionaire Bill Ackman and his wife of 25 years, Karen Ann Herskovitz, divorced. The billionaire founder of Citadel, Ken Griffin, made headlines in 2015 .
He announced his high-profile divorce from his then-wife Ann Dias-Griffin. A last-minute settlement was reached in the Griffin divorce, sparing both parties from a drawn-out legal battle.