Daniel Och Net Worth is$3.2 Billion
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Date of Birth: 1961
Daniel Och Net Worth: Daniel Och is an American businessman who has a net worth of $3.2 billion. He has accumulated his vast wealth as a CEO of Och-Ziff Capital Management; a global hedge fund and alternative asset management company. Having acquired a BS in Economics from the Wharton School of the University of Pennsylvania, he started his career in 1982 working at Goldman Sachs in the Risk Arbitrage Department. Few years later, he became the Head of Proprietary Trading in the Equities Division and Co-Head of U.S. Equities Trading. Working for the company for 11 years, Och struck out on his own in 1994. Reportedly, he used $100 million in seed money from the billionaire Ziff brothers to found the Och-Ziff Capital Management Group. He listed the group on the New York Stock Exchange in 2007, initially at a price of $32.00. Whereas the group's stock has seen a significant decline since the IPO, total assets under management at the company are now said to be up to $36.6 billion.
Daniel Och (born 1961) is the Chairman and Chief Executive Officer of Och-Ziff Capital Management Group, a global hedge fund and alternative asset management firm.
As of March 5, 2008, Och's net worth was $3.6 billion, the 296th on The World's Billionaires list published by Forbes. He was the highest paid executive on Executive Pay's Pay Rankings In 2008.

Och is the son of Golda and Dr. Michael Och. Och grew up in South Orange, New Jersey and attended the Solomon Schechter Day School of Essex and Union (since renamed Golda Och Academy, in honor of his mother) in West Orange, New Jersey, a Jewish day school founded by his parents. In December 2010, Och donated $15 million to the school, effectively doubling its endowment.
Och has a B.S. in Economics with a concentration in Finance from the Wharton School of the University of Pennsylvania.
In 1982, Och began his career at Goldman Sachs in the Risk Arbitrage Department. He was later the Head of Proprietary Trading in the Equities Division and Co-Head of U.S. Equities Trading. He worked at Goldman Sachs for 11 years.
In 1994, Och founded Och-Ziff Capital Management Group with $100 million initial investment from the Ziff brothers (see Dirk Edward Ziff, Daniel M. Ziff, Robert D. Ziff), heirs to publishing magnate William Bernard Ziff, Jr. Och-Ziff completed an initial public offering in 2007, listing its shares on the New York Stock Exchange initially at a price of $32.00. The company's stock has declined significantly since the IPO, reaching its year-to-date low of $3.98 on November 20, 2008.
Och sits on the board of Endeavor.[citation needed] He is the Vice Chair of Robin Hood Foundation, a charitable organization fighting poverty in New York City. Since 2008, Och has served as the chair of the Birthright Israel Foundation.
In 2008, Och donated $28,500 to Democratic Senatorial Campaign Committee.
Och is married with three children. Och's personal interests include philanthropy, skiing, a

Daniel Och Latest News

Och-Ziff Capital Management Group May Be Cut to Junk by S&P

Dan Och, the firm’s chief executive officer, and other executives agreed to buy about $400 million of perpetual preferred units to help pay for the settlement. Och-Ziff settled in September with the U.S. Securities and Exchange Commission and Department ...
Posted: October 20, 2016, 2:16 pm

A losing bet on hedge funds cost a huge New York pension $3.8 billion

The state made investments with some of the industry’s most highly respected hedge funds, including Nelson Peltz’ Trian Fund Management, John Paulson’s Paulson & Co, Daniel Och’s OZ Advisors and Ray Dalio’s Bridgewater Associates. The regulator ...
Posted: October 17, 2016, 6:09 pm

Nutanix Inc. (NTNX) Stock: Billionaire Daniel Och’s OZ Management Reports 5.85% Stake

* The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided ...
Posted: October 12, 2016, 4:25 am
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