Residence Greenwich, Connecticut Name Stephen Mandel Occupation Investor | Citizenship United States Ethnicity Jewish | |
 | ||
Born March 12, 1956 (age 68) ( 1956-03-12 ) Education B.A. Dartmouth CollegeM.B.A.Harvard University Known for Founder, Lone Pine Capital Similar Mala Gaonkar, Julian Robertson, Ole Andreas Halvorsen | ||
Stephen mandel hedge fund manager
Stephen F. Mandel, Jr (born March 12, 1956) is an American investor, hedge fund manager, and philanthropist. He founded Lone Pine Capital in 1997, after working as the managing director at Tiger Management. According to Forbes Magazine, Mandel has a net worth of $2.5 billion as of January 2017. He is the 274th richest person in the United States.
Contents
- Stephen mandel hedge fund manager
- Early life and education
- Investment career
- Wealth and philanthropy
- Personal life
- References
Early life and education
Mandel was raised as a Catholic, the son of Ann (née Safford) and Stephen Frank Mandel. He has a brother Edward Stafford Mandel. In 1974, Mandel graduated from the Phillips Exeter Academy. In 1978, he graduated from Dartmouth College with a Bachelor of Arts in government and was a member of the Psi Upsilon fraternity. He also has an M.B.A. from Harvard University.
Investment career
From 1982 to 1984, he worked at Mars & Co as a senior consultant and then from 1984 to 1990, he worked as a consumer-retail analyst at Goldman, Sachs & Co. before working as a consumer analyst and eventually managing director at Tiger Management, a hedge fund founded by Julian Robertson. In 1997, he left Tiger and founded his own hedge fund, Lone Pine Capital LLC (named after a Dartmouth College pine tree that survived an 1887 lightning strike).
Forbes listed Stephen Mandel as one of the 40 Highest-Earning hedge fund managers in 2012.
Forbes listed Stephen Mandel as one of the 25 Highest-Earning hedge fund managers in 2013.
Wealth and philanthropy
According to Forbes Magazine, Mandel has a net worth of $2.5 billion as of January 2017. He is the 274th richest person in the United States.
He was chairman of Dartmouth's board of trustees and is currently Chair of the National Board of Directors at Teach for America. He founded two charitable foundations: the Zoom Foundation and the Lone Pine Foundation.
Personal life
In 1982, he married Susan Joy Zadek of Baltimore whom he met at Harvard. They have three children. His wife is a trustee of the Environmental Defense Fund and of Vassar College.