Ajouter des produits pour créer un diaporama. While a probe was being made on Ackman’s trading by the State of New York and federal authorities, he commenced a research in 2002 that focused on challenging the AAA rating of the financial services company ‘MBIA.’ He was charged for copying statements of 725,000 pages regarding the financial services company in his law firm's compliance with a subpoena. The couple divorced in 2017. William Albert Ackman, better known as Bill Ackman, is an American hedge-fund manager, investor, and philanthropist, who founded the hedge-fund management company ‘Pershing Square Capital Management’ and serves as its CEO.

Karen Ann Herskovitz and Bill Ackman attend the 2015 Basser Center For BRCA Benefit at Cipriani Wall Street on November 10, 2015 in New York City. He recently took a large stake in troubled chain Chipotle. Bill and Karen are devoted to their girls but grew apart. [80] He is a longtime donor to Democratic candidates and organizations, including Richard Blumenthal, Chuck Schumer, Robert Menendez, the Democratic National Committee, and the Democratic Senatorial Campaign Committee. Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to email this to a friend (Opens in new window), Why ‘RHOA’ star Cynthia Bailey chose a rose gold wedding dress. [41], In March 2014, the New York Times reported that Ackman had employed tactics to undermine public confidence in Herbalife to lower its stock price, including pressuring state and federal regulators to investigate the company, paying individuals to travel to and participate in rallies against it, and boosting its spending on donations to nonprofit Latino organizations. In December 2012, Ackman issued a research report that was critical of Herbalife's multi-level marketing business model, calling it a pyramid scheme. Although they did not win the deal, the bid generated increased interest in Gotham from investors, which led to $500 million in assets by 1998. According to ‘Forbes’ magazine, his net worth as of February 2018, is US$ 1.09 billion. [63], Research published at the University of Oxford characterizes Ackman's activities with Canadian Pacific Railway as paradigmatic of "engaged activism," which is longer-term in nature with correlated benefits to the real economy, and distinct from shorter-term "financial activism. Sous réserve de la signature du Contrat de licence de contenu. Citigroup might chill out on pot drug tests for new hires, This story has been shared 1,999 times. Which celebrity redheads have natural red hair? Ces produits renferment du contenu sans autorisation disponible et/ou dont l'utilisation est soumise à des restrictions. [22] PSH reported 17.1% in returns since inception (Dec. 2012 – November 2017) under Ackman's management, 80% below the S&P 500. He is the founder and CEO of Pershing Square Capital Management, a hedge fund management company. Some of his notable market pursuits include acquiring stakes in ‘Chipotle Mexican Grill,’ ‘Valeant Pharmaceuticals,’ and ‘Target Corporation’; holding a US$ 1 billion short against ‘Herbalife’; becoming the largest shareholder of Canadian Pacific Railway’ (CPR) and getting into a proxy battle with it; and shorting bonds of ‘MBIA’ during the financial crisis in 2008. https://www.wsj.com/articles/bill-ackmans-pershing-square-sells-835-million-in-mondelez-shares-1458166768, https://www.nytimes.com/2017/03/19/business/william-ackman-pershing-valeant.html, http://fortune.com/2016/02/25/bill-ackman-fund-gain/.

He also manages the large British investment trust ‘Pershing Square Holdings,’ which was founded in 2012. [citation needed] His most notable market plays include shorting MBIA's bonds during the financial crisis of 2007–2008, his proxy fight with Canadian Pacific Railway, and his stakes in the Target Corporation, Valeant Pharmaceuticals, and Chipotle Mexican Grill. It has been estimated that the total cost of the position, including direct stock purchases and 9.1 million shares that were underlying stock options traded with Nomura Global Financial Products, was $4.6 billion, leading to a substantial loss. Si vous souhaitez finaliser votre projet avec le contenu téléchargé à partir de votre compte à procédure simplifiée, vous devez acquérir une licence. [73], Ackman's foundation donated $1.1 million to the Innocence Project in New York City and Centurion Ministries in Princeton, N.J.[71] He is a signatory of The Giving Pledge, committing himself to give away at least 50% of his wealth to charitable causes.

Conjuguez images, vidéos et photos d’actualités libres de droit avec des UltraPacks qui n’expirent jamais*. In 2018, Ackman became engaged to Neri Oxman. [67], After weak performance in 2015–2018, Ackman told investors in January 2018 that he was going to go back to basics by cutting staff, ending investor visits that were eating into his time, and hunkering down in the office to do research. Votre compte à procédure simplifiée sera activé pour une durée d'un an. The investor, upon hearing about Oxman, said, “Bill, there’s no way you’re going to want to be a schlep [with that woman],” Ackman said. ‘Pershing’ purchased a substantial amount of the shares of the fast-food chain ‘Wendy's International’ and forced it to sell its doughnut chain, ‘Tim Hortons.’ In September 2006, the ‘Tim Hortons’ chain was spun off by ‘Wendy's’ through an IPO, thereby raising US$ 670 million for the investors of ‘Wendy's.’ A discord regarding the executive succession led Ackman to sell his shares, which garnered him considerable profit and resulted in a major collapse of the company’s stock prices. Les contenus signalés comme “Réservés à un usage éditorial” ne peuvent pas être utilisés à des fins commerciales ou promotionnelles. Ackman, worth about $1.6 billion, is the founder and CEO of hedge-fund management giant Pershing Square Capital Management. Shortly thereafter, Icahn bought shares of Herbalife International. [4], Ackman was raised in Chappaqua, New York, the son of Ronnie I. The New York Post reported Thursday that Ackman and his wife, landscape architect Karen Ann Herskovitz are headed for divorce. [85], In late 2019, emails obtained by The Boston Globe showed Ackman attempting to cover up his wife's involvement with MIT Media Lab donations received from Jeffrey Epstein. We want to hear from you. Sans licence, vous ne pouvez pas utiliser le contenu pour d'autres utilisations telles que : Les collections étant constamment mises à jour, Getty Images ne peut garantir la disponibilité d'un article spécifique jusqu'à l'acquisition de votre licence. [citation needed] From 2012 to 2018, Ackman held a US$1 billion short against the nutrition company Herbalife, a company he has claimed is a pyramid scheme designed as a multi-level marketing firm. Mr. Ackman's team also then started to make payments totaling about $130,000 to some of these groups, including the Hispanic Federation — money he said was being used to help find victims of Herbalife. Bill Ackman reportedly splitting with wife in big-money divorce Hedge fund boss Bill Ackman and his wife Karen Ann Herskovitz are getting a divorce after 25 … Berkowitz. [86][87][88][89], Learn how and when to remove this template message, "Billionaire investor Bill Ackman and wife in 'big-money divorce, "Bill Ackman reportedly splitting with wife in big-money divorce", "Ackman boosts stake in drugmaker Valeant", "Miss Ronnie I. Posner Bride of L.D. After a dispute over executive succession that led Ackman to sell his shares at a substantial profit, the stock price collapsed, raising criticism that the sale of Wendy's fastest-growing unit left the company in a weaker market position. He had three children with Karen. [34] By May 2013, Icahn owned 16.5% of the company.

"[27] Ackman sold his remaining 27.2 million share position in Valeant to the investment bank Jefferies for about $300 million in March 2017. A 38% stake was held by his funds in the ‘Borders Group’ in December 2010. Famous as: CEO of Pershing Square Capital Management, Spouse/Ex-: Karen Ann Herskovitz (m. 1994; div. "[17][18][19] In April 2009, Merkin was charged with civil fraud by the State of New York for "secretly steering $2.4 billion in client money into Bernard Madoff's Ponzi fraud without their permission. (née Posner) and Lawrence David Ackman, the chairman of a New York real estate financing firm, Ackman-Ziff Real Estate Group. It is an amicable split, and we are making sure that we minimize the impact on our girls. The duo, in what appears to be amicable split, began telling friends via email on Thursday, Page Six reported. On December 22, 2016, it was reported that the couple had separated. [59] Ackman warned that without intervention, hotel stocks were “going to zero” and said that America could “end as we know it." I don't think so," and "I think [Merkin] is an honest person, an intelligent person, an interesting person, a smart investor. Ackman blamed the poor performance on their new CEO.[5].

[23], Ackman started buying J. C. Penney shares in 2010, paying an average of $22 for 39 million shares or 18% of J.C. Penney's stock. At a panel meeting discussing Bernie Madoff in January 2009, Ackman defended his longtime friend Ezra Merkin, saying, "Has Ezra committed a crime?