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Michael Novogratz Biography
Michael Novogratz is one of the most popular and richest Financier who was born on November 26, 1964 in United States.
Michael Edward Novogratz (born November 26, 1964) is an ex-hedge fund manager, formerly of the investment firm Fortress Investment Group. He was ranked a billionaire by Forbes in 2007 and 2008.
Prior to joining Fortress, he was a partner at Goldman Sachs where he spent much time abroad including leadership roles in Asia and Latin America. Novogratz is a 1987 graduate of Princeton University, where he was a member of the wrestling team. He was a Virginia state runner-up in high school wrestling. He served in the U.S. Army National Guard after college. His siblings include Jacqueline Novogratz and Robert Novogratz.
Name | Michael Novogratz |
First Name | Grzegorz |
Last Name | Piwowarski |
Occupation | Financier |
Birthday | November 26 |
Birth Year | 1964 |
Place of Birth | |
Home Town | |
Birth Country | United States |
Birth Sign | Sagittarius |
Full/Birth Name | |
Parents | Robert Novogratz, Sr. |
Siblings | Robert Novogratz, Jacqueline Novogratz, John Novogratz |
Spouse | Dora Caceres |
Children(s) | 4 |
Ethnicity, religion & political views
Many peoples want to know what is Michael Novogratz ethnicity, nationality, Ancestry & Race? Let's check it out! As per public resource, IMDb & Wikipedia, Michael Novogratz's ethnicity is Not Known. We will update Michael Novogratz's religion & political views in this article. Please check the article again after few days.
In 2006, he bought Robert De Niro’s $12.25 million duplex in Manhattan’s Tribeca neighborhood. When he moved into De Niro’s former residence, Mickey Rourke moved into Novogratz’ former Meatpacking district residence. He and his wife Dora “Sukey” Caceres have four children. They also own a home in Amagansett.
Michael Novogratz Net Worth
Michael Novogratz is one of the richest Financier from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Michael Novogratz's net worth $5 Million. (Last Update: December 11, 2023)
Raised in Alexandria, Virginia, Novogratz is the third of seven children of West Point football lineman and 1958 Knute Rockne Award (best lineman) winner Robert, Sr. He attended Fort Hunt High School. Novogratz was state of Virginia high school wrestling runner-up before serving as Princeton Wrestling captain. Novogratz was first team All-Ivy League in both 1986 (150-pound (68.0 kg)) and 1987 (158-pound (71.7 kg)). He qualified for the National Collegiate Athletic Association (NCAA) wrestling championships in both 1986 and 1987 (both at 150-pound (68.0 kg)). Novogratz earned his A.B. in economics. At the 1987 NCAA wrestling championships, he made it to the round of 16 in the winners bracket and was eliminated from the consolation bracket in the round of 12.
Net Worth | $5 Million |
Salary | Under Review |
Source of Income | Financier |
Cars | Not Available |
House | Living in own house. |
Following the February IPO, which also brought Edens, Kauffman, Nardone and Briger billionaire status, Novogratz ranked #407 in the March 2007 Forbes list of world billionaires with a net worth of $2.3 billion, including his 66.6 million shares of Fortress Investments. In September 2007, Novogratz was listed at #317 on the Forbes 400 with a net worth of 1.5 billion dollars. He was ranked 962 on the March 2008 Forbes list of world billionaires with a net worth of $1.2 billion. The same year, he became a member of Kappa Beta Phi, a Wall Street secret society made up of wealthy financial executives. By 2012, after the decline of Fortress’ stock price, his net worth had shrunk to $500 million. He supports Democratic political interests.
In March 2002, Novogratz joined Fortress Investments in time to join Wesley Edens, Robert Kauffman, Randal Nardone and Peter Briger, Jr. in taking the company public through its February 9, 2007, initial public offering. During the IPO, the company sold an 8% share to the public for $600 million. Before assuming his roles at Fortress as principal and director of Fortress Credit Corporation in 2006, he served as Co-Chief Information Officer of Macro Funds at Fortress Investment Group LLC. Although the Fortress’ domain included both hedge funds and private-equity investments, Novogratz and his fellow Princetonian Briger ran the hedge funds. Although the stock price had risen to $35 at its IPO, by December 3, 2008, it dipped to as low as $1.87 after withdrawals from Novogratz’ Drawbridge Global Macro fund were shut off.
Height, Weight & Body Measurements
Michael Novogratz height Not available right now. Grzegorz weight Not Known & body measurements will update soon.
Height | Unknown |
Weight | Not Known |
Body Measurements | Under Review |
Eye Color | Not Available |
Hair Color | Not Available |
Feet/Shoe Size | Not Available |
After a stint in the New Jersey National Guard that included service as a helicopter pilot, Novogratz began his career with Goldman Sachs in 1989. On April 1, 1989, he joined the firm as a short-term bond (money market) salesman. Novogratz lived in Asia from 1992 to 1999. He took a salesman position for Goldman in Tokyo in 1992, and eventually Jon Corzine sent him to Hong Kong to run a trading desk for the firm. He was elected partner at Goldman in 1998. Among the positions that he held at Goldman were president of Goldman Sachs Latin America and the head of fixed income, currencies and commodities risk in Asia.
New York Governor David Paterson appointed Novogratz to sit on the Hudson River Park Trust’s board of directors in 2010. He serves as a member of the Federal Reserve Bank of New York’s Investment Advisory Committee on Financial Markets. Novogratz is the chairman and founder of Beat the Streets, a non-profit organization which fosters the sport of wrestling in New York City public schools. He also serves on the board of the Acumen Fund, NYU Langone Medical Center, Princeton Varsity Club, Boards of Creative Alternatives of New York, PAX, the School for Strings, and The Jazz Foundation of America. He founded and serves as the chairman of the board of the School for Strings. He is also the honorary chairman of USA Wrestling Foundation and the chairman of The Friends of the Hudson River Park. In October 2015, Novogratz retired from Fortress Investments.
Who is Michael Novogratz Dating?
According to our records, Michael Novogratz married to Dora Caceres. As of December 1, 2023, Michael Novogratz’s is not dating anyone.
Relationships Record: We have no records of past relationships for Michael Novogratz. You may help us to build the dating records for Michael Novogratz!He has been a booster for the U.S. National Wrestling Team and an official spokesman for USA Wrestling. He was named the 2010 USA Wrestling Man of the Year and an Outstanding American by the National Wrestling Hall of Fame in 2007. When the International Olympic Committee cut Olympic Wrestling from the 2020 Summer Games, he campaigned for the sport’s return.
Facts & Trivia
Grzegorz Ranked on the list of most popular Financier. Also ranked in the elit list of famous people born in United States. Michael Novogratz celebrates birthday on November 26 of every year.
In 2017, Galaxy Digital contributed to an $80 million funding round for technology company Bitfury.
What is Michael Novogratz net worth?
Then there’s Michael Novogratz. The CEO of crypto merchant bank Galaxy Digital has seen his fortune plummet to $2.5 billion, from $8.5 billion in early November.
Who is mr Michael Novogratz?
Michael Novogratz is the Founder and CEO of Galaxy Digital. He was formerly a Partner and President of Fortress Investment Group LLC. Prior to Fortress, Mr. Novogratz spent 11 years at Goldman Sachs, where he was elected Partner in 1998.
Did Mike Novogratz wrestle?
He continued his wrestling career at Princeton University, where he was again chosen to captain the team, and was a two-time All-Ivy League selection, EIWA place winner, and NCAA qualifier.
How old is Mike Novogratz?
57 years (November 26, 1964)
Is Coinbase losing money?
Coinbase reported a $430 million net loss in the first quarter, or $1.98 per share, on declining sales and active users. Analysts were expecting profit of 8 cents per share. Revenue was down as trading volumes fell, and active monthly users declined 19% from the fourth quarter.
You may read full biography about Michael Novogratz from Wikipedia.ncG1vNJzZmiZnKGzornOrqqboaKptaWt2GeaqKVforaktMCeo2amn6u8qL7ArbFo