Who Is Tom Steyer? Wiki, Age, Height, Wife, Net Worth, Ethnicity, Career

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Tom Steyer is a billionaire from the United States. He worked as a hedge fund manager, managing funds for wealthy individuals, and also ventured into related business ventures such as investment banking. He is a generous philanthropist who actively promotes many environmental and social causes.

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Tom Steyer and his wife signed the Gates-Buffets Giving Pledge in 2010, pledging to donate half of their wealth to charity during their lifetime. He is best known for his impeachment campaign in October 2017, in which he advocated for the impeachment of President Donald Trump.

Fast facts

Famous name:	Tom Steyer
Real name/Full name:	Thomas Fahr Steyer
Sex:	Male
Age:	65 years old
Date of birth:	June 27, 1957
Birth place:	New York, New York, United States
Nationality:	American
Height:	1.74 m
Weight:	66 kg
Sexual orientation:	Straight
Marriage status:	Married
Wife/spouse (name):	Kat Taylor (m. 1986)
children:	Yes (Samuel Taylor, Henry Hume, Charles Augustus)
Profession:	American billionaire, hedge fund manager, philanthropist, environmentalist, liberal activist and fundraiser
Net worth in 2023:	2 billion dollars

Biography of Tom Steyer

Tom Steyer was born in New York City on June 27, 1957 to Marnie, a teacher, and Roy Henry Steyer, a partner in a law firm. He attended Buckley School as well as Phillips Exeter Academy. Yale University awarded him a bachelor’s degree in economics and political science. He graduated with an MBA from Stanford Business School.

Tom Steyer Age, height, weight

Tom Steyer was born on June 27, 1957, he is 65 years old in 2023. He is 1.74 m tall and weighs 66 kg.

Tom Steyer

Career

Tom Steyer began his professional career in 1979 when he joined Morgan Stanley as an analyst for two years. He then got an MBA from Stanford and went to work for Goldman Sachs, where he specialized in risk arbitrage.

He joined Hellman and Friedman, a private equity firm, in 1986. Farallon Capital Management, based in San Francisco, California, grew out of this venture. It was Tom Steyer’s most successful business venture, generating huge profits and eventually becoming the fourth largest hedge fund in the world.

His firm had a reputation for taking high-risk positions in distressed assets and profiting from volatile markets. When he left the company in October 2012, it was valued at $20 billion. He then decided to sell his carbon polluting investments to promote a clean environment. Many, however, criticized him for not getting rid of his investments quickly enough.

His investments in mining companies helped produce more than 70 million tons of coal. He invested $90 million in the stock of Correction Corporation of America, which operates private prisons in the United States. UnFarallon, a student activist group, attacked him for his company’s anti-environmental policies.

However, after Farallon, he became a strong advocate for environmental policy and actively advocated on many issues against climate change.

In 2006, he supported the OneRoof initiative in India, which aimed to provide students and rural residents with access to computer technology. In 2007, he and his wife, Taylor, founded Beneficial State Bank to help individual nonprofits, disadvantaged communities and others with financial needs.

Tom Steyer has received numerous recognitions and awards for his work on environmental protection, as well as for his support of charitable and educational initiatives.

In 2011, he received the Phillip Burton Public Service Award from Consumer Watchdog.
He received the California League of Environmental Voters’ 2012 Environmental Leadership Award.
In 2013, he received the Environmental Law Institute’s Award for Achievements in Environmental Protection.
He is the winner of the Open Space Institute award for land protection in 2015.
In 2015, he received the Equality California Humanitarian Award for his work with the LGBT community.
In 2016, he received the Advocate Award from the Environmental Advocates of New York.
His professional success led Farallon to become the world’s fourth largest hedge fund.

Tom Steyer Net Worth in 2023

Tom Steyer’s net worth is estimated to be $2 billion as of August 2023. His earnings primarily came from his work as a hedge manager at Farallon Capital, as well as his investment banking and related business ventures. He was against conspicuous consumption and wastage. He led a relatively simple life, investing his wealth or donating it to charity.

Tom Steyer has risen steadily in his life, using his higher education as a graduate in business administration to become the founder of a hedge fund firm that grew phenomenally under his leadership and was valued at $20 billion when he left in 2012.

He donated his wealth to philanthropic, environmental and social causes. In 2010, he and his wife were the first to sign The Giving Pledge, pledging to donate half of their wealth to charity.

Categories: Biography
Source: newstars.edu.vn

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