Who is Leon Cooperman? US billionaire’s net worth after buying shocked Man Utd shares

LEON COOPERMAN has sent shockwaves through the football landscape after buying 1 million shares in Manchester United.

The 80-year-old is one of America’s richest investors after a career in hedge fund management and stock trading.

Leon Cooperman has bought a stake in Man Utd


Leon Cooperman has bought a stake in Man UtdPhoto credit: Getty

Cooperman is the founder of New York City-based Omega Advisors and has secured 1 million shares in United for $17 million (£13.5 million).

News of his large stake comes just days before British billionaire businessman Sir Jim Ratcliffe plans to secure his 25 percent takeover of the club.

Cooperman’s reported stake will be significantly smaller than that of Ratcliffe, who is expected to pay £1.4bn for his quarter control of the Manchester giants.

Who is Leon Cooperman?

Leon Cooperman is an American businessman and former hedge fund manager.

He was born on April 25, 1943, making him 80 years old.

Cooperman worked at Goldman Sachs in the investment research department for 22 years.

There he served as responsible partner, co-chairman of the Investment Policy Committee and chairman of the Stock Selection Committee.

In 1989, he was named Chairman and Chief Executive Officer of Goldman Sachs Asset Management.

Cooperman retired from Goldman Sachs two years later and formed a private investment partnership, Omega Advisors, Inc.

How much is Leon Cooperman’s net worth?

Leon Cooperman reportedly has a net worth of $2.8 billion (£2.24 million).

He is currently Chairman and CEO of Omega Advisors, a New York-based investment advisory firm with over $3.3 billion in assets under management.

Forbes magazine considers Cooperman a “Wall Street Legend” and ranked him No. 24 in its 2018 list of top-earning hedge fund managers.

Leon Cooperman with wife Toby


Leon Cooperman with wife TobyPhoto credit: Getty

Who is Leon Cooperman’s wife Toby?

Leon Cooperman is married to Toby Cooperman, a retired special education teacher with a lifelong interest in helping people with learning disabilities.

The couple met in French class and married the same year they finished classes.

For more than 20 years, Toby has worked at the Early Childhood Learning Center, a special education school in Chatham, New Jersey.

Olly Dawes

Olly Dawes is a Nytimas U.S. News Reporter based in London. His focus is on U.S. politics and the environment. He has covered climate change extensively, as well as healthcare and crime. Olly Dawes joined Nytimas in 2023 from the Daily Express and previously worked for Chemist and Druggist and the Jewish Chronicle. He is a graduate of Cambridge University. Languages: English. You can get in touch with me by emailing: ollydawes@nytimas.com.

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