|Celebrated Name:||Seth Klarman|
|Real Name/Full Name:||Seth Andrew Klarman|
|Age:||64 years old|
|Birth Date:||21 May 1957|
|Birth Place:||New York City, United States|
|Wife/Spouse (Name):||Beth Schultz Klarman|
|Children/Kids (Son and Daughter):||Yes|
|Is Seth Klarman Gay?:||No|
|Profession:||Investor and hedge fund manager|
|Net Worth in 2022:||$2 billion|
|Last Updated:||January 2022|
Seth Klarman is an investor and hedge fund manager. The American billionaire serves as the portfolio manager and chief executive of a private investment partnership called Baupost Group. Klarman proposes value investing and is also an author. He works by buying unpopular assets and manages $27 billion in assets.
Maybe you know about Seth Klarman very well But do you know how old and tall is he and what is his net worth in 2022? If you do not know, We have prepared this article about details of Seth Klarman’s short biography-wiki, career, professional life, personal life, wife, girlfriend, dating, divorce, kids, today’s net worth, age, height, weight, and more facts. Well, if you’re ready, let’s start.
Early Life & Biography
Seth Andrew Klarman was born in the year 21 May 1957 in New York City. His mother was a psychiatric social worker and his father worked in the capacity of a public health economist. After his family moved to Baltimore, his parents divorced. His brother Michael works for Harvard Business School.
Right from an early age, Seth was interested in business ventures. At just 10 years old, he went on to buy his first stock. Soon he started receiving stock quotes by calling his broker. Seth Klarman graduated magna cum laude in economics from Cornell University. Following college, he worked for 18 months in a company. Klarman then became a Baker Scholar at the Harvard Business School.
Age, Height, Weight and Body Measurements
Being born on 21 May 1957, Seth Klarman is 64 years old as of today’s date 16th January 2022. His height is 1.85 m tall, and weight is 90 kg.
Personal Life: wife, girlfriend, dating, divorce, kids
Seth Klarman has been married to Beth Schultz since 1982. He lives with his family in Chestnut Hill Massachusetts. Klarman is a father of three children. Despite being highly popular and successful, he prefers to maintain a low-profile life. He rarely agrees to give interviews or speak at public gatherings. Seth is also a philanthropist and founded The Klarman Family Foundation.
After earning his bachelor’s degree, Seth Klarman decided to intern at the Mutual Shares Fund. In 1982, he became the founder of The Baupost Group. Throughout the years, the company witnessed many changes and it also met many challenges. He also had a minority share in the professional baseball team, Boston Red Sox.
In 2009, he started buying the distressed bonds of CIT Group following the financial crisis of 2007-2008. By 2016, his fund had almost $31 billion under assets management. Klarman is known for making unusual investments and is a conservative investor. Even with unconventional strategies, he has gone on to make high returns. Klarman prefers companies that are distressed.
Additionally, Seth Klarman is also into horse racing. he has been racing hoses with William Lawrence and is the owner of Klaravich Stables Inc. Apart from this, he also serves as the chairman of The Times of Israel, which is an Israel-based online English newspaper. In 1995, he chaired Facing History of Ourselves. He has made voluntary contributions to different political parties, Harvard Business School, and Cornell University.
Klarman is also a writer. His only book entitled ‘Margin of Safety, Risk Averse Investing Strategies for the Thoughtful Investor’ was published in 1991. The book outlines different issues with investors and retail investing. The book became a cult classic and it is valued at $4000 for a copy. In 2008, he edited ‘Security Analysis’ by David Dodd and Benjamin Graham. Seth also writes many annual letters to shareholders.
Awards & Achievements
In 2008, Seth Klarman got inducted into the Institutional Investors Alpha’s Hedge Fund Manager Hall of Fame. With his experience and success, he is referred to as “the Warren Buffet of his generation”. The Harvard Business School bestowed him with the Alumni Achievement Award in 2011. In 2019, he became the co-winner of the Eclipse Awards.
Net Worth & Salary of Seth Klarman in 2022
As of January 2022, The net worth of Seth Klarman is $2 billion. He is one of the world’s highest earning hedge fund managers. Seth is extremely talented and has made man investments. By adopting value investments, he has also made profits in his ventures. The billionaire investor has made 6.6% annualized returns in the last three years. Seth has successfully co-founded Baupost Group which has assets under management of $30.21 billion.
Seth Klarman has been called a quiet investor. With few public appearances, he has been able to run a hedge fund company. His company had assets of $30 million in 1982 and it rose to $30 billion in 2013. Seth serves as an inspiration to many and he has also made many donations. He has donated for both Republican and Democratic candidates. This proves that he is not aligned with any political party. The legendary value investor also has a hefty personal net worth.