"Phil Falcone News"
Phil Falcone
Phil Falcone Net Worth is $1.1 Billion.. Philip Falcone is an American businessman and the founder of Harbinger Capital and LightSquared. As of March 2013, he is the 1175th richest person in the world, and the 377th richest in the United States with a net worth of $1.2 billion.

Phil Falcone Net Worth is $1.1 Billion.

Phil Falcone Net Worth is $1.1 Billion. Philip Falcone is an American businessman and the founder of Harbinger Capital and LightSquared. As of March 2013, he is the 1175th richest person in the world, and the 377th richest in the United States with a net worth of $1.2 billion.


Philip Falcone grew up in Chisholm, Minnesota with nine siblings in a three-bedroom house. He attended Harvard University on financial aid and graduated with a Bachelor of Arts in Economics in 1984. He played college hockey at Harvard and professional hockey in Sweden with Malmo.
In 1985, he started his career at Kidder, Peabody & Co.. He also worked at Wachovia. He was also Senior High Yield trader at First Union Capital Markets in Charlotte, North Carolina. From 1990 to 1995, he served as President and CEO of AAB Manufacturing Corporation". He was the head of High Yield trading at Gleacher Natwest from 1997 to 1998, and at Barclays Capital from 1998 to 2000. In 2001, he founded Harbinger Capital. He has investments in the Minnesota Wild...
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Phil Falcone Latest News

Why Is Phil Falcone in Trouble with the SEC?

The SEC served notice that it will likely sue billionaire Phil Falcone and other people affiliated with his Harbinger hedge fund. What for? Who knows! Here is how Falcone’s firm explained why the SEC may file a civil lawsuit against Falcone, and two ...
Posted: December 9, 2011, 8:38 am

Fighting Saints Add Bovbel, Assign Asplund

Philip Falcone, Chairman, Chief Executive Officer and President of HC2 Holdings, Inc. and former part owner of the NHL's Minnesota Wild, is the company's principal owner. The ownership group also includes Peter Chiarelli, Edmonton Oilers President of ...
Posted: January 17, 2018, 6:57 am

Inseego Corp. Appoints Telematics Industry Veteran Mark Licht to its Board of Directors

News and research before you hear about it on CNBC and others. Claim your 2-week free trial to StreetInsider Premium here. SAN DIEGO--(BUSINESS WIRE)-- Inseego Corp. (Nasdaq: INSG), a global leader in software-as-a-service (SaaS) business intelligence ...
Posted: January 8, 2018, 6:06 am

Phil Falcone Admits To Wrongdoing, Banned From Industry For 5 Years

Phil Falcone and his firm Harbinger Capital Partners have taken a settlement offer in the investigation being conducted by the Securities and Exchange Commission. The agency said today in a press release that they must pay over $18 million as part of the ...
Posted: August 19, 2013, 9:20 am

Phil Falcone's Harbinger Group Says He's Reached A Settlement With The SEC

Hedge fund manager Phil Falcone's Harbinger Group said in a securities filing that he has reached a settlement with the Securities and Exchange Commission over two civil actions. (via DealBook) Last summer, the SEC charged Falcone and his Harbinger ...
Posted: May 9, 2013, 3:19 am
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