Leon Cooperman: Difference between revisions
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==Early life and career== |
==Early life and career== |
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Cooperman was born April 25, 1943 to Jewish parents in the South Bronx. His father worked as a plumber<ref name="Forbes Billionaires 2010" /> He attended [[Hunter College]]. After graduating, Cooperman became a [[Xerox]] quality control engineer in 1965.<ref name="Forbes Billionaires 2010" /> He then obtained an M.B.A. from [[Columbia Business School]], graduating on January 31, 1967. The day after graduating, Cooperman joined [[Goldman Sachs]] in the company's asset management arm, conducting investment research.<ref>"[http://www.forbes.com/lists/2009/10/billionaires-2009-richest-people_Leon-G-Cooperman_1A6J.html The World's Billionaires (2009): #701 Leon G Cooperman]". ''Forbes''. March 11, 2009.</ref> He worked at Goldman Sachs for twenty five years, becoming a general partner and Chairman and CEO of Goldman Sachs Asset Management.<ref name="Forbes profile" /> In 1991, Cooperman left the firm and founded Omega Advisors. |
Cooperman was born April 25, 1943 to Jewish parents in the South Bronx. Four Americans born the exact same date were killed in Vietnam (see: http://thewall-usa.com/search.asp), and yet Mr. Cooperman considers himself unfortunate. He appears to managed to avoid the Cold War draft and Vietnam because of his educational, marriange, and fatherhood deferments. His father worked as a plumber<ref name="Forbes Billionaires 2010" /> He attended [[Hunter College]]. After graduating, Cooperman became a [[Xerox]] quality control engineer in 1965.<ref name="Forbes Billionaires 2010" /> He then obtained an M.B.A. from [[Columbia Business School]], graduating on January 31, 1967. The day after graduating, Cooperman joined [[Goldman Sachs]] in the company's asset management arm, conducting investment research.<ref>"[http://www.forbes.com/lists/2009/10/billionaires-2009-richest-people_Leon-G-Cooperman_1A6J.html The World's Billionaires (2009): #701 Leon G Cooperman]". ''Forbes''. March 11, 2009.</ref> He worked at Goldman Sachs for twenty five years, becoming a general partner and Chairman and CEO of Goldman Sachs Asset Management.<ref name="Forbes profile" /> In 1991, Cooperman left the firm and founded Omega Advisors. |
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Cooperman serves on the [[board of directors]] for [[Automatic Data Processing]] (ADP).<ref name="Forbes profile" /><ref>[http://www.adp.com/global/globalview/docs/adp07ar.pdf ADP 2007 Summary Annual Report]</ref> |
Cooperman serves on the [[board of directors]] for [[Automatic Data Processing]] (ADP).<ref name="Forbes profile" /><ref>[http://www.adp.com/global/globalview/docs/adp07ar.pdf ADP 2007 Summary Annual Report]</ref> |
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Revision as of 03:50, 15 October 2012
Leon G. Cooperman | |
|---|---|
| Born | April 25, 1943[1] |
| Citizenship | United States |
| Alma mater | Hunter College Columbia University (M.B.A.) |
| Occupation(s) | Founder and Chairman/CEO of Omega Advisors |
| Known for | Started Goldman Sachs' asset management arm |
| Board member of | Automatic Data Processing |
| Spouse | Toby |
| Children | 2 |
Leon "Lee" G. Cooperman is an American businessman and philanthropist. He is the Chairman and CEO of Omega Advisors.[2]
Early life and career
Cooperman was born April 25, 1943 to Jewish parents in the South Bronx. Four Americans born the exact same date were killed in Vietnam (see: http://thewall-usa.com/search.asp), and yet Mr. Cooperman considers himself unfortunate. He appears to managed to avoid the Cold War draft and Vietnam because of his educational, marriange, and fatherhood deferments. His father worked as a plumber[1] He attended Hunter College. After graduating, Cooperman became a Xerox quality control engineer in 1965.[1] He then obtained an M.B.A. from Columbia Business School, graduating on January 31, 1967. The day after graduating, Cooperman joined Goldman Sachs in the company's asset management arm, conducting investment research.[3] He worked at Goldman Sachs for twenty five years, becoming a general partner and Chairman and CEO of Goldman Sachs Asset Management.[2] In 1991, Cooperman left the firm and founded Omega Advisors.
Cooperman serves on the board of directors for Automatic Data Processing (ADP).[2][4]
With his wife Toby he has two sons Wayne and Michael and three grandchildren.[5]
In November 2011 Cooperman gained attention for an open letter to U.S. President Barack Obama in which among other things charged the president with engaging in "class warfare".[6]
In 2012 he was included in the 50 Most Influential list of Bloomberg Markets Magazine.
Philanthropy
Cooperman and his wife Toby are signators of The Giving Pledge.[7]
Cooperman has a long history of supporting Columbia Business School. In 2011, he donated $25 million to support the expansion of the school's campus. In 2007, he created the Cooperman Scholarship Challenge, helping to create over 40 need based scholarships. In 2000, he established the Leon Cooperman Scholarship to support financial aid for need based students. In 1995, he endowed the Leon Cooperman Professorship of Finance and Economics.[8]
References
- ^ a b c d
"The World's Billionaires (2010): #655 Leon G. Cooperman". Forbes. March 3, 2010.
Net worth: $1.5 billion
- ^ a b c "Forbes profile: Leon G. Cooperman". Forbes.com.
- ^ "The World's Billionaires (2009): #701 Leon G Cooperman". Forbes. March 11, 2009.
- ^ ADP 2007 Summary Annual Report
- ^ http://www.njjewishnews.com/article/812/familys-5-million-gift-is-devoted-to-continuity#.UHrJX66unHo
- ^ Leon's Open Letter. International Business Daily. Nov 30, 2011.
- ^ "Zuckerberg and Icahn Join Buffett and Gates on Giving Pledge List". The New York Times. December 9, 2010.
- ^ http://www4.gsb.columbia.edu/news/item/7228503?ref=hp