Michael F. Price
|Michael F. Price|
|Born||July 3, 1951 (age 62)
Glen Cove, New York
|Residence||Far Hills, New Jersey|
|Education||University of Oklahoma|
|Occupation||investor and fund manager|
|Net worth||US $ 1.25 billion (Sept 2013)|
Early life and education
In 1974, he accepted a job with Max Heine at Mutual Series. In 1982, he became a full partner and when Heine died in 1988, became the president and chairman. In 1996, Mutual Series was merged into Franklin Templeton Investments. In 1998, Price stepped down from day-to-day fund management duties but continued as chairman of the company, and in 2001, he left the firm to begin his own fund company.
He has donated tens of millions of dollars to his alma mater, the University of Oklahoma, and the fraternity he was a member of there, Beta Theta Pi. The OU College of Business, one of its buildings, and a large endowment bear his name. The CCTM, officially opening in June 2008 at the Albert Einstein College of Medicine in the Bronx, bears his name too.
Price is married and has four children.
- Forbes: the World's Billionaires: Michael Price September 2013
- New York Times: "Manager's Profile; Michael F. Price" By Carole Gould June 20, 1993
- Forbes Israel: Jewish Billionaires - Profile of Michael Price April 14, 2013 (in Hebrew)
- New York Times: "Chase Investor Shows Impressive Record" By FLOYD NORRIS April 06, 1995
- The Oklahoma City Journal Record Dec 12, 2005.
- Franklin Templeton History of Mutual Series and Heine Securities
- Business Week April 25, 1997
- About Price College Oklahoma University