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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

Neil Getnick on Using False Claims Law to Combat Tax and Consumer Fraud

The case was brought against Harbinger Capital Partners Offshore Manager, the investment manager for New York-based hedge funds run by Philip Falcone from 2002 to 2009. The case alleges that the defen...
Posted: October 10, 2018, 8:07 am

Hedge funder’s opulent Upper East Side mansion hits the market for $39M

Photos courtesy The Modlin Group. Former hedge fund manager Philip Falcone and his wife, Lisa, have decided to part ways with their five-story Upper East Side mansion for the whopping asking price of ...
Posted: March 7, 2018, 11:28 am

Harbinger Hedge Fund Manager to Pay $30 Million in New York Tax Accord

NEW YORK (Reuters) - An offshore hedge fund firm whose investing was led by money manager Philip Falcone will pay $30 million to resolve claims it knowingly evaded hundreds of millions of dollars of N...
Posted: September 27, 2018, 2:29 pm

HC2 to Explore Strategic Alternatives for Global Marine Subsidiary

a testament to the strength of this business and the quality and focus of the team,” said Philip Falcone, HC2’s Chairman, Chief Executive Officer and President. “They’ve renewed the fleet ...
Posted: October 22, 2018, 3:31 am

Ban Christmas Music

Undoubtedly. Should we instate a nationwide ban on Christmas music? Hell yes we should! Lisa Maria Falcone, the wife of hedge fund billionaire Philip Falcone, has turned the front of her three adjoini...
Posted: December 11, 2016, 2:20 pm
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