Louis Bacon

Founder, Moore Capital Management, LP
$1.01B
as of 10/04/24

About Louis Bacon

One of Wall Street's macro-trading legends, Louis Bacon cut his teeth as a commodities and currencies trader, earning big profits in the 1987 crash.

He created hedge fund Moore Capital in 1989 using trading profits and a small inheritance.

Bacon announced he was closing his hedge fund and returning outside investors' money in November 2019, citing years of "disappointing results."

Moore Capital still manages internal money and scored 70% returns in 2020 for Bacon and his employees.

Personal stats

Citizenship

United States of America

Source of wealth

Hedge funds

Residence

Oyster Bay, New York

Marital status

Divorced

Birth date

07/25/56 (age 68)

Number of children

7

Education

Master of Business Administration, Columbia Business School; Bachelor of Arts/Science, Middlebury College

Self-made

self-made

Louis Bacon’s fortune is worth

17K

troy ounces of gold

16K

median U.S. household

10K

median U.S. income

0.02%

U.S. credit card volume

0.004%

GDP of the United States

0.003%

United States debt

Net worth history

Annual ranking

Did you know?

Bacon's environmental preservation-focused Moore Charitable Trust was defrauded out of $25 million by jailed banker Andy Caspersen.

Net worth over time

Real-time ranking

Images © Forbes.com. All rights reserved.