Leon G Cooperman was born on April 25,1943 and is an American billionaire investor and hedge fund manager.
19 Facts About Leon Cooperman
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Leon Cooperman is the chairman and CEO of Omega Advisors, a New York-based investment advisory firm managing over $3.3 billion in assets under management, the majority consisting of his personal wealth.
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Leon Cooperman was born to a Jewish family in the South Bronx, New York City.
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Leon Cooperman was the first in his family to earn a college degree.
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Leon Cooperman later received his MBA from Columbia Business School, graduating in 1967.
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Leon Cooperman spent his first 22 years at Goldman in the investment research department as partner-in-charge, co-chairman of the investment policy committee, and chairman of the stock selection committee.
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On September 21,2016, Leon Cooperman was charged with insider trading by the US Securities and Exchange Commission.
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Leon Cooperman faced criminal charges in a related parallel proceeding and has asserted his Fifth Amendment right against self-incrimination before a SEC hearing.
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In May 2017 Leon Cooperman's firm agreed to a $4.9 million settlement with the SEC.
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Since the late 1970s, Leon Cooperman has been a resident of the Short Hills neighborhood of Millburn, New Jersey, but he spends the majority of his time in Boca Raton, Florida.
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Leon Cooperman has an honorary doctorate in finance from Roger Williams University in Rhode Island.
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In 2012, Leon Cooperman was included in the 50 Most Influential list of Bloomberg Markets magazine.
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In recent years, Leon Cooperman has primarily donated to Republican political campaigns.
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In November 2011, Leon Cooperman gained attention for an open letter to US President Barack Obama in which among other things charged the president with engaging in class warfare.
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Signatories of The Giving Pledge, Leon Cooperman and his wife joined the cause in 2010, which is a commitment by the world's wealthiest individuals and families to dedicate the majority of their wealth to charitable efforts.
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Leon Cooperman donated $25 million to his alma mater, Columbia Business School, in 2011.
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Leon Cooperman is a founding Master Player of the Portfolios with Purpose virtual stock trading contest.
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Leon Cooperman serves as a board member for the Damon Runyon Cancer Research Foundation.
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Leon Cooperman is a charitable member of the Songs of Love Foundation, a 501 organization that records personalized music for those facing chronic illness.