By VW Staff. Originally published at ValueWalk.
Published on December 15 2018
David Einhorn is an American investor, hedge fund manager, and philanthropist. He is the founder and president of Greenlight Capital, a “long-short value-oriented hedge fund.” Born in New Jersey, Einhorn graduated from Cornell University in 1991 and moved to Westchester, New York to start his fund. He started his fund in 1996 with $900,000 and has generated 16.5% annualized return for investors from 1996 to 2016. As of 2017, Greenlight Capital has US$9.27 billion in assets under management.
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He has received extensive coverage in the financial press for his fund’s performance, his investing strategy and his positions. Einhorn was ranked 44th in the Time 100 most influential list of people in the world in 2013. According to Forbes Magazine, Einhorn has a net worth of US$1.54 billion (as of February 2017), making him the 44th youngest billionaire on the Forbes 400 and the 18th highest-earning hedge fund manager in the world.
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