Bill Ackman Net Worth

Net Worth:$3.4 Billion
Date of Birth: May 11, 1966 (57 years old)
Profession:Investor, Film Producer
Nationality:United States of America

What is Bill Ackman’s Net Worth?

Bill Ackman is an American hedge fund manager and humanitarian who has a net worth of $3.4 billion. William Ackman, better known as Bill, earned money as the founder and CEO of Pershing Square Capital Management LP.

It was via this company that he launched a number of well-publicized activist campaigns against companies like Wendy’s and, most infamously, Herbalife. Ackman was a founding partner of the investment firm Gotham Partners earlier in his career.


William Ackman was born on May 11, 1966, in Chappaqua, New York to Lawrence, the past chairman of the real estate financing firm Ackman-Ziff Real Estate Group, and Ronnie. He is a Jew by birth.

Ackman completed his undergraduate studies at Harvard College, where he received a magna cum laude degree in social studies in 1988. He completed his education at Harvard Business School, where he earned his MBA in 1992.


Ackman and fellow Harvard classmate David P. Berkowitz formed the investment firm Gotham Partners together after finishing college. Investor interest in the business swiftly grew, and by the late 1990s, it was looking after $500 million in assets.

But by 2002, Gotham had found itself involved in court battles with various outside shareholders who had shares in the companies in which Gotham had invested.

By buying and selling credit default swaps (CDS) against the corporate debt of MBIA during the financial crisis of 2007–2008, Ackman later made a substantial profit.

Ackman started the hedge fund management firm Pershing Square Capital Management in 2004 with more than $50 million of his own money.

By 2014, the company had made a cumulative profit of $11.6 billion as it carried on expanding and prospering.

Among the businesses in which Pershing has purchased substantial holdings are Wendy’s, Target, General Growth Properties, JCPenney, Procter & Gamble, and Chipotle.

In addition, it acquired a 9% stake in Valeant Pharmaceuticals International, which it later sold for a $4 billion loss after the company’s business practices and prescription pricing issues came to light.

In 2021, Pershing acquired roughly 10% of the capital stock in Universal Music Group, one of its other significant interests. Pershing invested $1.1 billion in Netflix the next year.

But it sold the entire investment in April after a steep 35% decrease in the value of the company’s shares. Due to this, Pershing suffered a $430 million loss.

Ackman published a report in late 2012 that criticized the nutrition marketing company Herbalife’s business strategy, which he called a pyramid scheme. The stock price of Herbalife decreased as a result of Pershing’s $1 billion short sale of the company’s shares.

To lower Herbalife’s stock price in 2014, Ackman invested $50 million in an activist campaign against the company. Soon after, rival investor Carl Icahn bet $1 billion that the share price of Herbalife would increase, which was practically the exact opposite wager.

The term “brief squeeze” is another name for this action. In 2014, the FTC and FBI began looking into Herbalife as a result of Ackman’s continuous activist campaign.

The largest SPAC to IPO in history, Pershing Square Tontine Holdings was launched by Ackman in 2020 with a $4 billion valuation.

The business has a Tontine structure where, once an acquisition target is located, shareholders are encouraged to hang onto their shares through merging.

Charity Works

Ackman has a strong interest in charitable endeavors in addition to his business operations and financial management activities. He gave the Center for Jewish History a gift of nearly $7 million, one of the largest individual gifts ever.

Ackman has also made large donations through the Pershing Square Foundation, which he co-founded in 2006 to support innovation in the areas of healthcare, education, and healthcare as well as urban and economic development.

Among the initiatives and groups that have benefited greatly from the Foundation’s funding are The Innocence Project, Centurion Ministries, and Planned Parenthood.


In 1994, Bill Ackman wed Karen Herskovitz, an architect specializing in landscape design. They eventually got divorced in 2018 after having three kids together. Ackman married MIT professor and designer Neri Oxman in the early months of the following year; the couple has a child.

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While we always strive to ensure that our figures are as accurate as possible, please note that they are only estimates, unless otherwise indicated.

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