Daniel Loeb

Daniel Loeb

Director/Board Member at SIRIUSPOINT LTD.

Net worth: 181 M $ as of 29/04/2024

62 year
Commercial Services
Finance
Consumer Services

Profile

Daniel Seth Loeb (born December 18, 1961) is the founder and chief executive of Third Point LLC, a New York-based hedge fund with $12.9 billion in assets.

Biography
Loeb was raised in a Jewish family in the Los Angeles area, one of three children of Ronald and Clare Spark Loeb. His father was a partner at the Los Angeles law firm of Irell & Manella LLP and general counsel for Williams-Sonoma. His mother is a historian. Loeb’s great-aunt, Ruth Handler, created the Barbie doll and co-founded Mattel Inc.

According to Bloomberg Markets Magazine, Loeb grew up in Santa Monica Canyon in California, and attended Palisades Charter High School, commonly known as 'Pali High' in the Pacific Palisades neighborhood of Los Angeles. Later, he attended University of California at Berkeley for two years before subsequently graduating from Columbia University with a degree in Economics.

Prior to founding Third Point in 1995, Loeb worked at Citicorp and Warburg Pincus.

He is also a founding Master Player of the Portfolios with Purpose virtual stock trading contest.

Opinions

Loeb is well known in the financial world for writing public letters, in which he expresses disapproval of the performance and conduct of other financial executives. Supporters contend his letter writing is effective shareholder activism; critics counter that his letters are distracting for executives and uncomfortable for investors. Less than 10% of Third Point's total assets under management goes to shareholder activism.

Loeb has argued that the United States government is undergoing a 'crisis of leadership'; in his opinion, the administration of President Barack Obama is committed to 'redistribution rather than growth'.

In 2013, Loeb was a signatory to an amicus curiae brief submitted to the Supreme Court in support of same-sex marriage during the Hollingsworth v. Perry case.


Source @ Wikipedia

Known holdings in public companies

CompanyDateNumber of sharesValuationValuation date
08/08/2023 15,173,571 ( 8.94% ) 180 M $ 29/04/2024
24/05/2023 34,796 ( 0.43% ) 880 687 $ 29/04/2024

Daniel Loeb active positions

CompaniesPositionStart
SIRIUSPOINT LTD. Director/Board Member 16/05/2022
Director/Board Member -
Success Academy Charter Schools, Inc. Director/Board Member 31/12/2018
Corporate Officer/Principal -
Corporate Officer/Principal -
Director/Board Member -
Director/Board Member 10/02/2011
Chief Executive Officer 31/12/1994
Chief Executive Officer 31/05/1995
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All active positions of Daniel Loeb

Former positions of Daniel Loeb

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See the detail of Daniel Loeb's experience

Training of Daniel Loeb

The Trustees of Columbia University in The City of New York Undergraduate Degree

Experiences
Positions held

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Inactive

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Private companies

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Connections

100 +

1st degree connections

26

1st degree companies

Male

Female

Members of the board

Executives

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Linked companies

Listed companies4
LIGAND PHARMACEUTICALS INCORPORATED

Health Technology

CITIGROUP INC.

Finance

GREEN BRICK PARTNERS, INC.

Consumer Durables

SIRIUSPOINT LTD.

Finance

Private companies20

Technology Services

Energy Minerals

Commercial Services

Energy Minerals

Finance

Finance

Finance

Finance

Consumer Services

Health Services

Miscellaneous

Commercial Services

Commercial Services

Miscellaneous

Commercial Services

Commercial Services

Commercial Services

Commercial Services

Finance

Health Services

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