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Jan 22, 2024 · Gabe Plotkin is a former hedge fund manager who lost billions in the GameStop short squeeze. He now runs a private family office and owns the Charlotte Hornets NBA team with his partner.
- Craig Gillespie
- Features Editor
- Paul Dano
In 2017, with $300 million in earnings, he was one of the highest-earning hedge fund managers. [4] This increased to over $850 million in 2020, placing him in the top 15 highest-earning hedge fund managers. However, his compensation decreased in 2021, due to the impact of the GameStop short squeeze on the fund. [9]
- 1978 or 1979 (age 44–45), Portland, Maine, US
- Hedge fund manager
- Northwestern University (B.A.)
Jun 16, 2023 · Gabe Plotkin is a hedge fund manager who founded Melvin Capital and bought out Michael Jordan's stake in the Hornets. He has a net worth of $400 million and faced a short squeeze on GameStop in 2021.
- Celebrity Net Worth
Gabriel Plotkin is a hedge fund manager who runs Melvin Capital Management with $3.5 billion under management. He was one of the highest-earning hedge fund managers in 2017, but dropped off the list in 2019.
The fund was led by Founder & CIO Gabriel "Gabe" Plotkin. According to Forbes, Plotkin earned about $300 million in compensation in 2017, making him the 20th-highest-paid hedge fund manager that year. In December 2020, Plotkin purchased two adjacent houses in Florida for $44 million.
- 2014; 9 years ago
- New York City, U.S.
May 20, 2022 · The founder and CEO of Melvin Capital, a hedge fund that lost money shorting GameStop and AMC, is estimated to have a net worth of $400 million. He will step away from managing external capital and return investor money by July. He may be involved in sports investing or other ventures.
Jul 23, 2023 · Celebrity Net Worth estimates Plotkin's net worth to be around $400 million as of 2021. It is unclear how much Plotkin's net worth has changed over the past two years. Who is Rick Schnall?...