Locust Valley, NY

Locust Valley, New York billionaire is giving away his fortune

Channelocity

The world has hundreds of billionaires in this day and age. However, the list of those billionaires giving away their fortunes is a much smaller list.

Julian Robertson, Jr. is worth $4.8 billion dollars and is giving much of that wealth away.

About Julian Robertson, Jr.

Robertson, Jr. was born in 1932 in Salisbury North Carolina. He was married to Josephine Tucker Robertson for much of his life until she passed away in 2010.

Julian Robertson, Jr. obtained a majority of his wealth from being a hedge fund manager. After receiving his bachelor's degree from the University of North Carolina at Chapel Hill in 1955, he started as a sales trainee. Robertson eventually became CEO of Webster Management Corporation.

It wasn't long after that in 1980, when Robertson founded Tiger Management, a hedge fund that achieved a compound interest rate of 31.5% by the time it closed in 2000.

Philanthropic Givings

Robertson serves on the boards of the following charities:

  • The Rockefeller University
  • Catawba College
  • Environmental Defense Fund
  • The Cathedral Church of Saint John the Divine
  • Cancer Research Institute
  • Lincoln Center for the Performing Arts
  • Children's Scholarship Fund

When it comes to giving, Robertson's philanthropy focuses on three key primary areas of need: education, environment, and medical research.

It's estimated that throughout his life, Robertson has given $1.3 billion dollars which is around 22% of his total net worth. Nowadays, he owns, lodges, resorts, and golf courses in locations like new Zealand. He has three children, is 89 years old, and resides in Locust Valley, New York.

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