Alan Howard (hedge fund manager)
Alan Howard | |
---|---|
Born | 1964 or 1965 (age 59–60) England |
Education | Hasmonean Grammar School |
Alma mater | Imperial College London |
Occupation | Hedge fund manager |
Known for | Co-founder of Brevan Howard |
Spouses | Sabine Howard (div. 2015)Caroline Byron (m. 2020) |
Children | 6 |
Alan Howard (born 1964 or 1965)[1] is a British billionaire hedge fund manager and co-founder of Brevan Howard Asset Management LLP.[2] In February 2013, Forbes listed him as one of the 40 highest-earning hedge fund managers.[3] In 2014, he was ranked 53rd on the UK's Sunday Times Rich List.[4] According to Forbes, as of 2019, Howard's net worth is $1.6 billion.[5]
Early life
[edit]He was born in England to a Jewish[1] family, Howard attended Hasmonean Grammar School, Hendon London. After graduating from Imperial College London with a master's degree in engineering,[6] he began his financial career at Salomon Brothers and worked in the ECU eurobond market.[7]
Career
[edit]Howard served on the New York Federal Reserve's investor advisory committee on financial markets and is one of a group of financial managers, who on occasion, advised New York Federal Reserve officials on economic policy.[8]
In 2019, Howard stepped down as the CEO of Brevan Howard. He was replaced by then chief risk officer, Aron Landy.[9][10]
In 2020, Howard backed hedge fund One River Digital Asset Management in their purchase of more than $600 million worth of Bitcoin and Ethereum.[11] The fund has commitments that will bring its total holdings of the cryptocurrencies to approximately $1 billion in 2021.
In 2020, Howard was named in the 50 Most Influential (Bloomberg ranking) People Who Changed Global Business.[12]
Personal life
[edit]He was married to Sabine Howard, who is French, and they have four children.[13][14] They divorced in 2015. He married Caroline Byron in January 2020 and they have two children.[15]
In 2010, Howard moved from London to Geneva, Switzerland.[16] Five years later, he purchased a $14.5 million condo in Miami, Florida.[17] In 2017, he returned to London.[18]
Howard has been active in the United Kingdom's Conservative Party circles.[2] Since 2019, he has donated £1.6 million to the party, including a one-off donation of £1 million in the spring of 2023.[19]
Howard founded the Alan Howard Charitable Foundation which until closing in 2010[20] contributed to charities that focused on Israel, Holocaust education and the homeless.[21] Howard continues to support homeless charities.[2]
In 2014, Howard started The Alan Howard Foundation/JW3 Speaker Series, which is a collection of conversations, talks, and entertainment by leaders and experts in their respective fields. Each event is intended to raise money for the JW3 centre in London.[22][23][24]
In December 2019, Reuters reviewed documents of the Cypriot government which show that Howard requested Cypriot citizenship in 2018.[25]
Lady Gaga performed at his wedding to Caroline Byron.[26]
References
[edit]- ^ a b Andrew Clark (11 March 2010). "Alan Howard: New billionaire on the block". The Guardian.
- ^ a b c "The Business On... Alan Howard, Founder, Brevan Howard". The Independent. 21 September 2011. Archived from the original on 23 September 2011. Retrieved 3 September 2013.
- ^ Vardi, Nathan (26 February 2013), "The 40 Highest-Earning Hedge Fund Managers & Traders 2013", Forbes
- ^ "2014 Sunday Times Rich List". Archived from the original on 4 August 2017. Retrieved 5 May 2014.
- ^ "Alan Howard". Forbes.
- ^ "Alan Howard". Forbes. Retrieved 19 March 2013.
- ^ ""Alan Howard", Dow Jones Financial News". efinancialnews.com. Retrieved 5 August 2018.
- ^ Goldstein, Matthew; Ablan, Jennifer; Wachtel, Katya (10 October 2013). "Top global hedge fund Brevan Howard takes emerging markets hit". Reuters. Retrieved 18 October 2013.
- ^ "Brevan Howard founder Alan Howard to step down as CEO". Reuters. 30 October 2019. Archived from the original on 30 October 2019. Retrieved 21 August 2020.
- ^ Fletcher, Laurence (29 October 2019). "Alan Howard to step down as Brevan Howard CEO". Financial Times. Retrieved 21 August 2020.
- ^ "Bitcoin Whale Emerges With $1 Billion, Alan Howard's Backing". Bloomberg.com. 16 December 2020.
- ^ "Bloomberg 50". Bloomberg. 3 December 2020.
- ^ "English Billionaire Alan Howard Settles Ownership Dispute Over Painting For $10 Million". Jewish Business News. Retrieved 22 May 2016.
- ^ Agnew, Harriet. "Alan Howard moves to Geneva". fnlondon.com. Retrieved 5 August 2018.
- ^ "Alan Howard (hedge fund manager) Marriages and Divorces". www.strictlyweddings.com. Retrieved 3 August 2023.
- ^ "Alan Howard moves to Geneva" Efinancial News E financial news
- ^ Kallergis, Katherine. "British billionaire buys at Faena for $14.5M". The Real Deal. Retrieved 13 February 2016.
- ^ Suzy Waite (21 August 2017). "Alan Howard Returns to London After 7 Years in Geneva". Bloomberg LP. Retrieved 20 March 2019.
- ^ "Record donations bolster the Tories' election war chest". The Telegraph. 8 June 2023.
- ^ "Charity Commission For England and Wales". register-of-charities.charitycommission.gov.uk. Charity Commission. Retrieved 28 June 2022.
- ^ The Jewish Chronicle "The JC Power 100: Alan Howard" Archived 4 November 2013 at the Wayback Machine 5 September 2008
- ^ "ABOUT THE SERIES". The Alan Howard Foundation/JW3 Speaker Series. Retrieved 4 August 2017.
- ^ "ABOUT The Speaker Series". The Alan Howard Foundation/JW3 Speaker Series. Retrieved 4 August 2017.
- ^ Cook, James (1 May 2015). "Billionaire investor Peter Thiel: 'Always aim for a monopoly. From society's perspective, it's complicated. But from the inside, I always want to have a monopoly.'". Business Insider. Retrieved 4 August 2017.
- ^ "Exclusive: The Brits who won't Brexit". reuters.com. Reuters. 19 December 2019. Retrieved 20 December 2019.
- ^ Elliott-Gibbs, Sam (28 June 2022). "Brit billionaire, 59, marries chef, 33, in lavish wedding as Lady Gaga performed". mirror. Retrieved 18 July 2022.