Hedge fund manager and Tiger Management founder Julian Robertson died at 90.
Robertson was one of his generation’s most successful hedge fund managers, and his mentorship of a generation of investors known as Tiger Cubs helped shape the hedge fund industry.
Who was Julian Robertaon
Julian Robertson is an American investor, and former hedge fund manager who founded Tiger Management in 1980. The firm quickly grew to become one of its generation’s most prominent hedge funds, but Robertson was forced to close the doors at Tiger in 2000 after a series of poor investments.
Julian Robertson, the billionaire Tiger Management founder who became one of his generation’s most successful hedge-fund managers and a mentor to a wave of investors known as Tiger Cubs, has died. He was 90 https://t.co/dz0K4SWHhE— Bloomberg Wealth (@wealth) August 23, 2022
Since then, Robertson has focused on mentoring younger hedge fund managers and supporting philanthropic ventures focusing on higher education and medical research. While Tiger Management may have come to an end, Robertson’s legacy as one of the most successful investors of his generation will continue to have a lasting impact on the financial world.
Also Read:- Julian Robertson Net Worth at the Time of his Death Explored
What was his cause of death?
Billionaire Julian Robertson, the hedge-fund guru and philanthropist, died at his home in Manhattan on Wednesday at 90.
His death was the result of a prolonged cardiac complication and heart problems.
Robertson was a legendary Wall Street figure known for his investing acumen and philanthropic work.
He founded Tiger Management, one of the most successful hedge funds of all time, and later became a mentor to a generation of young investors.
Robertson Early life and career
Robertson began his career as a stockbroker but quickly developed a reputation as a skilled investor. In 1980, he founded Tiger Management, one of the first hedge funds.
Under his leadership, Tiger Management became one of the most successful hedge funds in history, with peak assets under management of $22 billion. Robertson retired from active management in 2000 but remained an influential figure in the financial world.
Robertson was born in Salisbury, North Carolina, in 1930. He attended the University of North Carolina at Chapel Hill on a tennis scholarship and had a successful career in business. In 1980, he founded Tiger Management, one of the first hedge funds. Under his leadership, Tiger grew to become one of the most successful hedge funds of all time. Robertson retired from Tiger in 2000 and went on to launch several other successful investment firms.
He was also an active philanthropist, donating millions of dollars to causes such as education and conservation. Julian Robertson was a true titan of industry and will be missed by many.
In recent years, he had been outspoken about the need for more regulation of hedge funds. His death is a loss to the financial community and to all who knew him.
Three sons survive Robertson. His wife, Josephine, died in 2010
Julian Robertson Net worth
Julian Robertson, the billionaire investor who helped launch the careers of hedge fund superstars such as Tiger Management’s Julian Robertson and Paul Tudor Jones, died on Wednesday at age 89.
As per Bloomberg Billionaires Index, Robertson had an estimated net worth of $4 billion. He was a legendary figure in the hedge fund industry, and his death will be felt by many.
Tribute to Robertson death
JULIAN ROBERTSON HAS DIED. It was announced today in the WALL STREET JOURNAL. He was 90. A more complete report will be coming out.Mr. Robertson made an initial $10,000 contribution to the Yadkin Historical Museum Foundation. He had worked in the plant.
Julian Robertson closed Tiger at the peak of the dotcom bubble. The NYT called it “The End of the Game”— Frederik Gieschen (@NeckarValue) August 23, 2021
Bill Miller however commented: “the game the Times thought had ended was the old economy value game. The game we believed ended was the new economy technology game.” pic.twitter.com/c9GFBXRXdf
RIP ROBERSTSON YOU WILL ALWAYS BE MISSED🙏