Larry Robbins was born in 1969 in Glenview, Chicago, Illinois USA, and he is an entrepreneur, and businessman, who is probably best recognized for being the founder, CEO, and portfolio manager of Glenview Capital Management, a hedge fund company headquartered in New York City. He is also known as a philanthropist. His career has been active since the mid- 1990s.
Have you ever wondered how rich Larry Robbins is, as of late 2016? According to authoritative sources, it has been estimated that Larry counts his net worth at the impressive amount of $2.3 billion, which has been accumulated through his successful career in the business industry as an entrepreneur and founder of a company.
Larry Robbins Net Worth $2.3 Billion
Larry Robbins hails from a Jewish family, and spent his childhood in Arlington Heights, Illinois. Upon matriculation from the Wharton School of Business, he enrolled at the Jerome Fisher Program in Management and Technology at the University of Pennsylvania, from which he graduated with both a BSc degree in Economics in 1992, and BSc in Engineering, majoring in Systems Engineering. While at school, he also distinguished himself as a hockey player, and he was a captain of the University of Pennsylvania club team. However, he was not interested in continuing his career in the sports industry, so he became a Certified Public Accountant in 1991.
Following his graduation, Larry’s career began as he moved to New York City, where he was hired as an analyst at Gleacher & Company, a merger and advisory boutique company. He also worked as an analyst at Omega Advisors on their US equity long/short team; however, soon he left that position to establish his own hedge fund company under the name Glenview Capital Management in 2000, which was to add a considerable amount to his net worth. The company reached enormous success by investing in a wide range of companies, but that are stable with recurring revenue streams, entrenched market positions, and are predictable and steady – which all sounds too easy – and soon it became one of the largest hedge funds in the world, with stable and experienced management itself, and with a constant rise of employees. A return averaging over 15% per year is evidence of the company’s consistent success, and the source of Robbin’s rising net worth.
When it comes to speak about his personal life, Larry Robbins has been married to Sarahmay Wesemael since 2012; the couple currently resides in Alpine, New Jersey. Previously, he was married to Amy Robbins, with whom he has four sons.
Apart from and because of his successful career in the business industry, Larry Robbins is also recognized as a huge philanthropist, who currently serves on the board of directors for The Robin Hood Foundation and Teach For America (New York). Beside that, he also collaborates with KIPP New York and Relay School of Education, and additional to that he is the senior chair of the Wall Street Division of the UJA-Federation.
