American businessman and hedge fund supervisor Israel Englander comes with an estimated net worth of $3 billion as of March 2013 according to Forbes. Englander is regarded as the founder of Millennium Management LLC.
Israel Englander Net Worth $3 Billion
Of Jewish lineage, Israel Englander was born in 1948 in NYC, NY, U.S.A. At a very young age, he’d already acquired a deep interest for the stock exchange. He completed his degree in finance from New York University in 1970. Israel also attempted getting an MBA from exactly the same university, nevertheless, he was not competent to complete it. After graduation, he started working full-time for Kaufmann, Alsberg & Co. In 1977, the floor brokerage house I.A. Englander & Co was formed. Collectively with John Mulheren Jr., he formed the investment firm Jamie Securities Co. in 1985. Four years later, he formed Millennium Management LLC collectively with Ronald Shear. Through time, the firm has developed into a multi-billion dollar company that makes use of low-risk management strategies.