Izzy Englander founded Millennium Management LLC in 1989, starting with $35 million. Today, the firm manages $506 billion, with Englander's net worth at $14.2 billion. A recent study highlighted that hedge funds generated $3.7 trillion in profits since 1969, with clients receiving only 50.4% of the gains. In 2024, Millennium achieved $9.4 billion in gains, with notable portfolio changes, including a significant sale of Nu Holdings. This demonstrates the hedge fund's strategy and Englander's financial acumen amid market dynamics.
Millennium Management LLC, founded by Izzy Englander in 1989, has grown to manage $506 billion, highlighting the hedge fund's remarkable growth and success.
In 2024, Millennium generated $9.4 billion in gains, showcasing not just investor success but also the financial prowess of Izzy Englander.
Collection
[
|
...
]