Bill Ackman

William Albert Ackman is an American billionaire hedge fund manager, who is the founder and chief executive officer of Pershing Square Capital Management, a hedge fund management company. His investment approach has made him an activist investor. As of June 2024, Ackman's net worth was estimated at $9.3 billion by Forbes.
bill-ackman

Some of the key events about Bill Ackman

  • 1992
    Graduated magna cum laude from Harvard College with a B.A. in Social Studies
  • 1992
    Co-founded investment firm Gotham Partners with fellow Harvard graduate David P. Berkowitz
  • 2003
    Faced criticism for aggressive tactics in attempting to force changes at Wendy's International
  • 2004
    Founded Pershing Square Capital Management, a hedge fund management company
  • 2007
    Suffered significant losses from investments in Borders Group and Target Corporation
  • 2010
    Donated $25 million to the Center for Jewish History in New York City
  • 2011
    Launched a successful proxy contest to replace the board of Canadian Pacific Railway
  • 2011
    Experienced a $1 billion loss on investment in J.C. Penney
  • 2012
    Engaged in a public dispute with Carl Icahn over Herbalife, which led to substantial financial losses
  • 2014
    Partnered with Valeant Pharmaceuticals in an attempted takeover of Allergan
  • 2014
    Accused of market manipulation in relation to Allergan and Valeant Pharmaceuticals deal
  • 2015
    Made a $3.3 billion profit from an investment in Allergan
  • 2015
    Faced scrutiny for $3.3 billion investment loss in Valeant Pharmaceuticals
  • 2017
    Resigned from the board of Valeant Pharmaceuticals amid controversy
  • 2018
    Donated $25 million to Harvard University to support the renovation of Cumnock Hall
  • 2018
    Closed Pershing Square Capital Management's London office after poor performance
  • 2020
    Made a $2.6 billion profit from a hedge against the market crash caused by the COVID-19 pandemic
  • 2020
    Criticized for profiting $2.6 billion from hedges against market crash during COVID-19 pandemic
  • 2022
    Acquired a 9.5% stake in Netflix, becoming one of the company's largest shareholders
  • 2022
    Faced backlash for comments on Twitter about bank runs during Silicon Valley Bank collapse

Disclaimer: This material is written based on information taken from open sources, including Wikipedia, news media, podcasts, and other public sources.

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