Scott Shleifer | |
Birth Name: | Scott Louis Shleifer |
Birth Place: | Portland, Oregon, US |
Education: | University of Pennsylvania |
Occupation: | Hedge fund manager |
Known For: | co-founder of Tiger Global Management's private equity arm |
Spouse: | Elena Shleifer |
Scott Louis Shleifer (born 1977) is an American billionaire hedge fund manager, and the co-founder of Tiger Global Management's private equity investing business. As of September 2022, his net worth was estimated at US$3.5 billion.[1]
Shleifer was born and raised in suburban Portland, Oregon.[2] His father, Stuart Shleifer, ran Shleifer Furniture, the family business, until it closed.[2] The company was founded in 1936 by Stuart Shleifer's father and grandfather, and the Shleifer Furniture building was originally the Chamberlin Hotel.[3] The store closed in 2015, and was sold (along with a 15,000-square-foot warehouse) to Brad Malsin, head of Beam Development who plans to turn the 45,000-square-foot building back into a hotel.[3] According to Scott, "My father sold couches for a living." He is of Jewish descent.[4]
Shleifer graduated from Beaverton High School in 1995, and in 2021 donated $1.8 million to the school.[5]
Shleifer earned a bachelor's degree from the University of Pennsylvania's Wharton School in 1999.[1]
After college, he worked as an analyst at Blackstone for three years.[1] In 2003, Shleifer co-founded Tiger Global Management's private equity investing business.[1] He moved Tiger Global into venture capital, especially in China, and expanded aggressively.
In 2019, he was included in Wharton magazine's "40 under 40" list, and said his no 1 role model is Julian Robertson.[6] He is managing director and a partner at Tiger Global Management.[7]
Shleifer has been married to Elena since at least 2011, and they live in New York City.[1] [8] In February 2021, he purchased a 21,000-square-foot mansion in Palm Beach, Florida for $122.7 million.[1] He reportedly only looked at the house for 15 minutes before deciding to buy it.[9]
In January 2022, Scott and Elena Shleifer gave $18 million to the University of Pennsylvania.[10] [11]