Wall Street Men

Powerful People On Wall Street

Wall Street

Introduction

Wall Street is the financial district of New York City, named after its wall-like street layout. It's a center for global finance and trade, but it's also home to some of the most powerful people in America. Here are the top five investment managers on Wall Street:

John Paulson

John Paulson is an American billionaire hedge fund manager and founder of Paulson & Co. He is famous for making a fortune betting against the housing market in 2007, a move that earned him $4 billion and made him TIME's Person of the Year for 2008.

John Paulson was born on December 28, 1956, in Queens, New York City to Greek immigrant parents who owned a small diner near Shea Stadium. He attended Harvard University and graduated with an AB in economics summa cum laude with departmental honors before attending Harvard Business School where he received his MBA degree.

In 2006, John Paulson founded his own hedge fund called Paulson & Co., which focuses on distressed securities trading -- buying up assets that have been subjected to factors such as fraud or error by management or investors who are unable to pay their debts back when due (see: subprime mortgages).

Warren Buffett

Warren Buffett is an American business magnate, investor, and philanthropist. He is widely regarded as one of the most successful investors in the world. Buffett is the primary shareholder, chairman, and CEO of Berkshire Hathaway. According to the Forbes 2017 ranking of The World's Billionaires, he is the third wealthiest person in America and fourth globally with a net worth of $75.6 billion.[5]

In 2008 he was selected by Time magazine as one of "The 10 Most Powerful People in Business". On January 31st, 2016 it was announced that Buffett had decided to donate roughly $30 billion to charity over his lifetime through annual donations and pledges; this will be divided between his three children's foundations, each named after one: Susan Thompson Buffet Foundation, Howard G Buffett Foundation (controlled by Howard Graham Buffett), NoVo Foundation(controlled by Peter B Ueberroth).

James Simons

James Simons is the founder of Renaissance Technologies, one of the most successful hedge funds in history. He has a net worth of $18 billion, which made him the third-richest person on Wall Street in 2016. Simons was born in New York City to parents Raymond and Lina Simons on July 5th, 1938.

He attended Brooklyn Technical High School before attending Queens College where he graduated with a bachelor's degree in mathematics. In 1959 he began his Ph.D. studies at UC Berkeley but never finished them due to budget cuts at Berkeley. He eventually completed his Ph.D. work at Harvard University after being hired by professor Marvin Minsky as an assistant professor there."

Simons then took a job at IBM working on code-breaking problems during this time he also taught math courses at MIT while working on his Ph.D. until 1966 when he left IBM due to disagreements over how they were handling money-related issues like patents and copyrights which caused tension between him and management."

Ray Dalio

Ray Dalio is a billionaire hedge fund manager and philanthropist. He is the founder and co-chairman of Bridgewater Associates, the most successful hedge fund in history. In 1992, Dalio founded Bridgewater out of his parent's home in New York and built it into one of the largest private companies in the world with more than $150 billion under management.

Dalio has been an outspoken advocate for financial literacy and has given back to communities around the world through his philanthropic work at The Ray Dalio Foundation, which focuses on improving public education through initiatives like Building Worlds Together.

Carl Icahn

Carl Icahn is an American businessman, investor, and philanthropist. He is the founder and current chairman of Icahn Enterprises.

He was a patient at the University of Michigan Hospital when he was diagnosed with sarcoidosis, which caused his heart to fail.

Daniel Loeb

• Daniel Loeb is a hedge fund manager. He is the founder and CEO of the hedge fund Third Point, where he manages $18 billion in assets.

• In addition to running his own firm, Loeb is also Chairman of the Board of Directors at Third Point LLC, an investment management company that oversees $19 billion in assets. He's been in this position since January 2014.

• One of his most notable investments was when he took a stake in Yahoo! Inc., which resulted in him being appointed to their board as well as their compensation committee (he has since stepped down).

Conclusion

All in all, this was a very interesting article for me to read. It was great to get an inside look at some of the most successful investors in the world and their strategies for making money. I’m sure there are a lot of things that could be learned from these people but one thing stands out for me: consistency and persistence! If you have a good strategy and you stick with it over time then trust me - your chances of becoming rich increase dramatically.