Bruce Kovner Net Worth is$4.3 B
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Birth Date: 1945/2/27 Birth Place: Brooklyn, New York, United States
Occupation: Economy of the United States, founder, Chairman, Caxton Associates
Bruce Stanley Kovner (born 1945 in Bronx, New York) is an American businessman. He is the founder and Chairman of Caxton Associates, a hedge fund that trades a global macro strategy and is considered amongst the worlds top and largest 10 hedge funds with an estimated $14 billion under management . In March 2011, Kovner had an estimated net worth of around $4.5 billion.
Described as secretive even by family and friends, the divorcee is perhaps one of the least known New York City billionaires outside of professional circles. His Caxton Associates, despite the large amount of assets under management, is known to be amongst the top 25 most enigmatic and secretive hedge funds globally. He is a leading philanthropist and former chairman of American Enterprise Institute.
Bruce Kovner's Jewish family came to Brooklyn, New York, in the early 1900s from Tsarist Russia, fleeing persecution for their left-wing and atheist beliefs. Two of Kovner's fathers' cousins faced the House Un-American Activities Committee in the 1950s, pleading the Fifth Amendment. However, Bruce's father, Moishe Kovner, was more conservative than his kin, at one point even crossing a picket line to work.
Bruce Kovner grew up in the San Fernando Valley, where his father had moved the family in 1953. Early on, he was a high achiever, becoming a Merit Scholar. He was the student-body president of Van Nuys High School at 16, and an accomplished basketball player.
Kovner went to Harvard College starting in 1962, a time marred by the hanging suicide of his mother back in his family's Van Nuys home. Nonetheless, he was considered a good student and was well liked by his classmates. Avoiding the Vietnam draft by student deferment (when it was still available), Kovner stayed at Harvard, studying political economy at the John F. Kennedy School of Government, notably under prominent conservative scholar Edward C. Banfield, who reportedly had great faith and admiration for the young Kovner.
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Bruce Kovner Latest News

Major Party Donors Push the RNC to Cut Ties with Donald Trump

Among the top donors who pushed for the committee to ditch Trump were Missouri business executive David Humphreys and New York investor and philanthropist Bruce Kovner. “At some point, you have to look in the mirror and recognize that you cannot possibly ...
Posted: October 14, 2016, 5:28 pm

Retired Hedge Fund Billionaire Doesn’t Need Two Beach Houses

Caxton Associates founder Bruce Kovner was a cab driver before he made 10 figures in the hedge-fund game. That has given him something of a practical side (to go along with his less-practical pre-finance activities, including studying political economy ...
Posted: March 8, 2017, 6:14 pm

Rachel Kovner, Veteran Supreme Court Lawyer, Snags Trump Nod for EDNY Bench

Above the Law has also made much of the fact that her father is Bruce Kovner, a wealthy hedge fund founder and philanthropist who lives in Florida. Read more: Solicitor General's Office Fills Ranks With Big Law Hires Munger Tolles Makes Another Key Hire ...
Posted: May 11, 2018, 6:00 pm
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