Scott Shleifer | |
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Born | Scott Louis Shleifer 1976or1977(age 47–48) Portland, Oregon, US |
Education | University of Pennsylvania |
Occupation | Hedge fund manager |
Known for | co-founder of Tiger Global Management's private equity arm |
Spouse | Elena Shleifer |
Scott Louis Shleifer (born 1977) is an American billionaire hedge fund manager, and the co-founder of Tiger Global Management's private equity investing business. As of September 2022, his net worth was estimated at US$3.5 billion. [1]
Shleifer was born and raised in suburban Portland, Oregon. [2] His father, Stuart Shleifer, ran Shleifer Furniture, the family business, until it closed. [2] The company was founded in 1936 by Stuart Shleifer's father and grandfather, and the Shleifer Furniture building was originally the Chamberlin Hotel. [3] The store closed in 2015, and was sold (along with a 15,000-square-foot warehouse) to Brad Malsin, head of Beam Development who plans to turn the 45,000-square-foot building back into a hotel. [3] According to Scott, "My father sold couches for a living." [4] He is of Jewish descent. [5] [6]
Shleifer graduated from Beaverton High School in 1995, and in 2021 donated $1.8 million to the school. [6]
Shleifer earned a bachelor's degree from the University of Pennsylvania's Wharton School in 1999. [1] [7]
After college, he worked as an analyst at Blackstone for three years. [1] In 2003, Shleifer co-founded Tiger Global Management's private equity investing business. [1] He moved Tiger Global into venture capital, especially in China, and expanded aggressively. [4]
In 2019, he was included in Wharton magazine's "40 under 40" list, and said his no 1 role model is Julian Robertson. [8] He is managing director and a partner at Tiger Global Management. [9]
In November 2023, Shleifer stepped down from his leadership role at Tiger Global and became a senior advisor. [10] [11]
Shleifer has been married to Elena since at least 2011, and they live in New York City. [1] [7] [12] In February 2021, he purchased a 21,000-square-foot mansion in Palm Beach, Florida for $122.7 million. [1] He reportedly only looked at the house for 15 minutes before deciding to buy it. [4] It was the second-most expensive home in the US when it was purchased by Shleifer. [10]
In January 2022, Scott and Elena Shleifer gave $18 million to the University of Pennsylvania. [7] [13]