Eric Sprott

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Eric Sprott
Born1944/1945 (age 74–75)[1]
NationalityCanadian
Alma materCarleton University
Occupationinvestor
Known forSprott School of Business
Net worthUS$1.12 billion (June 2017)[1]
Spouse(s)Vizma Sprott
Children2

Eric Sprott (born 1944/45) is a Canadian billionaire businessman.

Early life[edit]

Sprott has a bachelor's degree from Carleton University.[1]

Career[edit]

Sprott started his career as a research analyst with Merrill Lynch, before becoming a fund manager.[1][2] In 2001, he sold his first company, Sprott Securities, to the company's staff, and donated $10 million to Carleton University, who renamed their business school, the Sprott School of Business.[1]

Sprott advised investors to buy gold before the 2008 financial crash.[3]

He was the chairman of Sprott Inc, a Toronto-based asset management firm, from 2010 to May 2017.[2][3]

Sprott is a "long-time gold bull", and claims to hold 90% of his assets (except for Sprott Inc shares) in gold and silver.[2][1]

Personal life[edit]

Sprott is married, with two children.[1]

References[edit]

  1. ^ a b c d e f g "Eric Sprott". Forbes.com. 1970-01-01. Retrieved 2017-06-14.
  2. ^ a b c Niall McGee (2017-04-07). "Gold-focused Sprott Inc. founder to step down as chair". The Globe and Mail. Retrieved 2017-06-14.
  3. ^ a b "'Bay Street wizard' Eric Sprott, who told investors to 'Buy Gold' before the 2008 crash, will step down next month | Financial Post". Business.financialpost.com. Retrieved 2017-06-14.