Connect with us


Bill Ackman Net Worth 2024 | NetWorthBro

$2 Billion

What is Bill Ackman’s net worth?

William Albert Ackman (born May 11, 1966) is an American investor and hedge fund manager with a net worth of $2 billion. With $54 million of his own funds, he founded Pershing Square Capital Management, a hedge fund management company. Ackman can be considered as a contrarian investor but regards himself as an activist investor.

In March 2020, Ackman’s fame grew when his hedge fund banked $2.6bn (£2.2bn) for his controversial bet that there would be a market crash due to the coronavirus outbreak. Read more about his career, his homes, and his stock’s greatest hits and misses. Check out these other legendary businessmen, Michael Bloomberg and Mark Zuckerberg, and what their net worth are.

Bill Ackman Net Worth speaks at The New York Times DealBook Conference at Jazz at Lincoln Center on November 10, 2016 in New York City.

(Photo by Bryan Bedder/Getty Images for The New York Times )

Bill Ackman Net Worth 2024 @ $2 Billion

Bill Ackman’s Net Worth & Earnings

As a hedge fund, Pershing Square makes money by charging a Management Fee and a Performance Fee. While these fees differ by fund, they typically charge 2% and 20% of assets under management. As of 2024, Pershing Square manages almost $9 billion in assets.

Ackman’s earns an annual salary for managing the $9 billion worth of assets. Here is an abbreviated history of income Bill Ackman has earned through the years.

Career Earning Highlights
Sale of Asset Oct. 2018
William Ackman’s profit from the sale of a stake in Nike
Sale of Asset Mar. 2017
Selling price of his 27.2 million share position in Valeant to the Investment Bank Jefferies
Earnings Mar. 2016
Earnings of Pershing Square’s Investment Team led by William Ackman
Sale of Asset Nov. 2014
Selling price of Pershing Square Capital Management or his hedge fund’s 28.9 million shares in Allergan
Salary May. 2014
Annual salary as the founder and CEO of the New York-based Pershing Square Capital Management
Sale of Asset Aug. 2013
The amount paid by Citigroup to Ackman for the liquidation of his 39.1 million shares

William Ackman’s Philanthropy

Because Bill Ackman’s net worth is in the billions, it’s unsurprising that he is quite charitable. He and his then-wife, Karen Ann Herskovitz, founded the Pershing Square Foundation in 2006, to support innovation in economic development, education, healthcare, human rights, arts, and urban development. Since its establishment, the foundation has granted more than $400 million. The generous couple made it on The Chronicle of Philanthropy’s “Philanthropy 50” in 2011.

Politically, Ackman is a long-time donor to the Democratic party, including Richard Blumenthal, Chuck Schumer, Robert Menendez, the Democratic National Committee, and the Democratic Senatorial Campaign Committee.

William Ackman’s Assets | Homes | Private Jets

His massive real estate empire:

With a career marked by large real estate investments, it may not be surprising that William Ackman, has his own portfolio of lavish homes. The majority of his real estate dealings focuses on one of the most expensive cities in the world, New York. Here are just some of the known assets that he has purchased in the past that make up Ackman’s net worth.

Here are just some of the homes he has purchased for his portfolio:

2018 – $22.5 million – 13-room penthouse on the Upper West Side New York

2017 – $22.078 million – Ackman bought two units on the 8th floor of the Beresford, a luxury co-op in the Upper West Side to be closer to his three children who live with his ex-wife in the same building.

2016 – $23.5 million – Bill Ackman buys his second property in Bridgehampton

2015 – $91.5 million – The 13,500-square-foot One57 penthouse is the second most expensive condo sale ever. Considered as a “fun investment,” Ackman had no intention of ever living in the home dubbed  “the Winter Garden.”

2011- $22 million – Eight-bedroom Bridgehampton estate sits on six acres.

2004 – $3.3 million – The active investor dropped another $1.5 million to renovate this 100-acre property in Chatham, NY. He put it back on the market in 2005 for $5 million but had to eventually drop the price to $3.9 million.

Source: Relevance International

Flying in style

Being this rich, it only makes sense that Bill Ackman would fly in style.  In 2003, Ackman bought a Gulfstream G550, which typically costs $32-$49 million. That doesn’t include the annual fixed cost of $5 million.

Bill Ackman's private jet. Source: JetNet

Bill Ackman’s private jet. Source: JetNet

Bill Ackman Biography | Wiki

Early Life and Education

Ackman was raised in Chappaqua, New York, the son of Ronnie I. (née Posner) and Lawrence David Ackman, the chairman of a New York real estate financing firm, Ackman-Ziff Real Estate Group. He is Ashkenazi Jewish.

In 1988, he received a bachelor of arts degree magna cum laude in the Committee on Degrees in Social Studies from Harvard College. His thesis was “Scaling the Ivy Wall: the Jewish and Asian American Experience in Harvard Admissions.” In 1992, he received an MBA from Harvard Business School.


In 1992, Ackman founded the investment firm Gotham Partners with fellow Harvard graduate David P. Berkowitz. By 1998, the firm had procured $500 million in assets. But by 2002, Gotham had become entrenched in litigation with various outside shareholders who also owned an interest in the companies in which Gotham invested.

With his own personal funds and his former business partner, Leucadia National, Ackman started Pershing Square Capital Management in 2004. Known for its activist style of investing, Ackman and Pershing would find themselves campaigning against the likes of McDonald’s, Wendy’s, and Herbalife.

Pershing Square Holdings Capital Management Highlights and Lowlights


Coronavirus market bet – In March 2020, Pershing turns a modest $26 million into $2.6 billion in profit betting against the market due to the coronavirus outbreak by using credit protection on investment-grade and high-yield bond indexes.

The Wendy’s Company – One of Ackman’s first success, he took a large stake in the fast-food chain and would later exit his position for a large profit.

Canadian Pacific Railway Ltd. – After buying a 14.2% stake, Pershing revamps the company’s business strategy and replaces the CEO. After three years, its stock price goes from $49 per share to $220.


Valeant Pharmaceuticals International Inc. – Ackman and his hedge fund take a massive $3 billion loss after Valeant is accused of shady business strategy and controversial pricing practices.

Herbalife Ltd. – Bill Ackman’s activist crusade launched him into a battle against Herbalife. Pershing Square Capital took an epic $1 billion short position on the nutritional supplement company, vilifying Herbalife has a shady pyramid scheme. His nemesis, billionaire Carl Icahn, eventually took the opposite bet and bought up 26% in the company.

After Herbalife’s stock rose 51% for the year of November, Ackman’s Pershing Square had to abandon a sinking ship, dumping all his stock and cutting his losses. It is estimated that Pershing Square lost almost $1billion from this investment.

Ackman’s costly divorce

Without a prenuptial agreement, his 2016 split from his wife for 25 years may have cost him 9-figures. No details have been reported, but it can be assumed that it left a large dent in Bill Ackman’s net worth.

Discover the Net Worth of Other Successful CEOs


                     Jeff Bezos Net Worth


              Steve Easterbrook Net Worth

Hope you like this Bill Ackman Net worth article. If you like this, then please share it with your friends… The above post is all about the estimated earnings of Bill Ackman. Do you have any queries, then feel free to ask via the comment section.

Play the Networth Bro Celebrity game and see if you can guess which celebrity has a higher net worth. Click on the link to see if you’re right!