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  1. Jun 20, 2023 · Plotkin, whose net worth is estimated at $400 million, is the founder of investment management firm Melvin Capital, which he named after his grandfather and which had been valued at around $8 ...

  2. Aug 3, 2023 · August 3, 2023 – Hornets Sports & Entertainment (HSE) announced today that the sale of the majority stake in the Charlotte Hornets from Michael Jordan to a group led by Gabe Plotkin and Rick ...

  3. Gabe Plotkin is the co-chairman and rotating co-governor of Hornets Sports and Entertainment. He became a minority owner in 2019 and co-governor in 2023. Mr. Plotkin is the managing partner and ...

    • Charlotte Hornets
  4. May 18, 2022 · Gabe Plotkin told investors Wednesday that he was closing his hedge fund. Melvin Capital managed $7.5 billion in the fund, which was down 23% through April. Plotkin last year was the target of ...

  5. May 18, 2022 · More than a year after Gabe Plotkin ’s Melvin Capital Management was grievously injured in a short squeeze by amateur traders who organized on Reddit, the $7.8 billion hedge fund is giving up ...

    • 37 sec
    • Hema Parmar
  6. Jun 16, 2023 · Gabe Plotkin. Plotkin is a hedge fund manager, investor, and former Chief Investment Officer of Melvin Capital. If you recognize the name, it’s likely because Plotkin and Melvin Capital were at ...

  7. Jan 28, 2022 · Melvin Capital Management founder Gabe Plotkin’s bets against GameStop and other stocks backfired, leaving the hedge fund down 54.5% last January. The rocky road back has been marred by fresh ...

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