#115 Billionaire
Michael Platt
$18.8B
GB
· Age 57
Source of wealth: Hedge funds
Industry: finance-investments
Organization: BlueCrest Capital Management, Founder
Residence: Geneva
{
"bio": [
"Michael Platt is the cofounder and CEO of BlueCrest Capital Management, which he started in late 2000 after nearly a decade at JP Morgan.",
"Platt built BlueCrest into one of the world's largest hedge fund firms; at its peak, it managed more than $35 billion in assets.",
"A push into equities and poor results led to investor exits and he returned outside investors' money in 2015, remaking BlueCrest into a family office.",
"The firm has flourished since then, generating returns as high as 153% in 2022 and 95% in 2020, with no years worse than 20%."
],
"about": []
}
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