Leon Cooperman Net Worth is$2.2 Billion
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Date of Birth: Apr 25, 1943

Nicknames: Leon Cooperman

Leon G. Cooperman net worth: Leon G. Cooperman is an American businessman with an estimated net worth of $2.2 billion dollars which makes him one of the richest people in New Jersey. Born in the South Bronx, New York, Leon G. Cooperman graduated from Hunter College and began working for Xerox in the mid-60s. While working at Xerox, he also completed his M.B.A. at Columbia Business School. He was hired by Goldman Sachs almost immediately after graduating, and began working in asset management for the company. Over the course of the next twenty-five years, he rose to become a general partner, and then Chairman and CEO of Asset Management. He left the firm in the early 90s to launch his own private company, Omega Advisors. In addition to serving as the CEO of Omega, he is also on the Board of Directors for Automatic Data Processing, and regularly gives large amounts of money to Columbia Business School, including a 2011 $25 million donation to expand the school.
Leon G. "Lee" Cooperman is an American businessman and philanthropist. He is the Chairman and CEO of Omega Advisors.
Cooperman was born April 25, 1943 to Jewish parents in the South Bronx. His father worked as a plumber He attended Hunter College. As an undergraduate, Leon joined and was an active member of the Alpha Epsilon Pi. After graduating, Cooperman became a Xerox quality control engineer in 1965. He then obtained an M.B.A. from Columbia Business School, graduating on January 31, 1967. The day after graduating, Cooperman joined Goldman Sachs in the company's asset management arm, conducting investment research. He worked at Goldman Sachs for twenty five years, becoming a general partner and Chairman and CEO of Goldman Sachs Asset Management. In 1991, Cooperman left the firm and founded Omega Advisors.
Cooperman serves on the board of directors for Automatic Data Processing (ADP).
In November 2011 Cooperman gained attention for an open letter to U.S. President Barack Obama in which among other things charged the president with engaging in "class warfare".
In 2012 he was included in the 50 Most Influential list of Bloomberg Markets Magazine.
With his wife Toby he has two sons Wayne and Michael and three grandchildren.
Cooperman and his wife Toby are signators of The Giving Pledge.
Cooperman has a long history of supporting Columbia Business School. In 2011, he donated $25 million to support the expansion of the school's campus. In 2007, he created the Cooperman Scholarship Challenge, helping to create over 40 need based scholarships. In 2000, he established the Leon Cooperman Scholarship to support financial aid for need based students. In 1995, he endowed the Leon Cooperman Professorship of Finance and Economics.
Cooperman was the first in the country to endow Birthright Israel, a program that sends Jews aged 18-26 on free short-term visits to Israel to promote Jewish idenity. Cooperman states: "We are very proud of our religion, our he

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Leon Cooperman Latest News

Omega's Cooperman Tells CNBC His Biggest Position Is Alphabet

NEW YORK (Reuters) - Hedge fund investor Leon Cooperman, the chief executive of Omega Advisors, told cable television network CNBC on Monday that his firm's biggest position was a bullish bet on Google parent Alphabet Inc. Cooperman said that his position ...
Posted: August 7, 2017, 10:30 am

Leon G. Cooperman

At the end of 1991, following 25 years of service, Leon Cooperman retired from his positions as a General Partner of Goldman, Sachs & Co. and as Chairman and Chief Executive Officer of Goldman Sachs Asset Management to organize and launch an investment ...
Posted: August 14, 2017, 12:33 pm

Cooperman Calls Ackman Attack on ADP 'Foolish'

Aug.08 -- Bloomberg’s Tom Keene discusses his conversation with Omega Advisors Chairman and CEO Leon Cooperman. He speaks with Vonnie Quinn on "Bloomberg Markets."
Posted: August 9, 2017, 3:40 am

Why Is Leon Cooperman so Optimistic about Alphabet?

High cash flow means that a company can use money to do the following: buy other businesses buy back shares hire workers, raise capital expenditures, and expand its production capabilities declare dividends In past interviews, Cooperman has stated that he ...
Posted: August 15, 2017, 11:09 pm

Leon Cooperman Buys Microsoft Corp, Sinclair Broadcast Group Inc, Valvoline Inc, Sells ...

For the details of Leon Cooperman's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Leon+Cooperman Leon Cooperman initiated holdings in MaxLinear Inc. The purchase prices were between $26.62 and $32.19, with an estimated average ...
Posted: August 13, 2017, 10:38 pm
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