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The News God > Blog > Entertainment > Net Worth > Stephen Mandel’s Net Worth
Net Worth

Stephen Mandel’s Net Worth

Emmanuel Amanor
Last updated: May 13, 2024 1:34 pm
Emmanuel Amanor
May 13, 2024
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Stephen Mandel Net Worth
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Stephen Madel, a celebrated American investor, hedge fund manager, and philanthropist, is a self-made entrepreneur who founded Lone Pine Capital in 1997. His 68-year-old journey has left an indelible mark on the financial world. His impressive investments across the country have not only made him one of the most influential investors in America’s financial circles but also a role model whose success story will captivate you. This article is an opportunity to delve into the fascinating life journey of Stephen Mandek, an American mogul with a net worth of $2.5 billion, and discover his career, net worth, age, early life, education, and more. 

Contents
Unknown Facts About Stephen MandelWhere was Stephen Mandel born and Where was he Educated?Quick BiographyCareerInvestmentPhilanthropyNet WorthPersonal LifeFrequently Asked Questions

Unknown Facts About Stephen Mandel

  • He was born on March 12, 1956, in the United States of America.
  • He started his career working as a senior consultant for Mars & Co.
  • He graduated from Phillips Exeter Academy (1974) and Dartmouth College (1978).
  • He has a net worth of $2.5 billion.
  • Forbes listed Stephen as one of the 40 highest-earning hedge fund managers 2012.
  • Stephen also founded two charitable foundations: the Zoom and Lone Pine Foundation.

Where was Stephen Mandel born and Where was he Educated?

Stephen Madel, a man of distinction, was born on March 12, 1956, in the United States of America. He is the proud son of Ann and Stephen Frank Mandel, a family that has played a significant role in shaping his life. Born under the Aries astrological sign, Stephen is an American national with a Christian upbringing and a heritage of white ancestry. His childhood was spent in the idyllic town of Darien, Connecticut, where he shared many fond memories with his family.

Stephen graduated from Phillips Exeter Academy in 1974. He later furthered his education, graduating in 1978 from Dartmouth College with a Bachelor of Arts in Government. At Dartmouth College, he was among the members of the Psi Upsilon fraternity. Stephen also holds an M.B.A. from Harvard University.

Stephen Mandel Biography

Quick Biography

Jim Norton’s Quick BiographyAnswers
BirthdayMarch 12, 1956
Full NameStephen Mandel
HometownUnited States of America
Lives InUnited States
Net Worth$2.5 billion
Horoscope/Birth SignAries
Age47 years old
Stage NameStephen Mandel
ProfessionInvestor, Hedge Fund Manager, and Philanthropist
Father’s NameStephen Frank Mandel
Mother’s NameAnn
Number of ChildrenNone
Children’s NameN/A
Husband/BoyfriendN/A
Wife/GirlfriendSusan Joy Zadek
Birth Year1956
TriviaForbes listed Stephen Mandel as one of the 40 Highest-Earning hedge fund managers in 2012
Facebook HandleStephen Mandel
YouTube HandleStephen Mandel
Twitter/X Handle@SMandel_AB
Instagram Handle@stephen_mandel
Snapchat HandleN/A
HeightN/A
Body MeasurementsN/A
Feet/Shoe SizeN/A
Color of EyeGrey
Movies StarredN/A
ReferencesWikipedia

Career

Investment

Having started his career after graduating, Stephen was a senior consultant at Mars & Co from 1982 to 1984. He later went on to work as a consumer retail analyst at Goldman Sachs before working as a consumer analyst. Subsequently, he became the managing director at Tiger Management, a hedge fund established by Julian Robertson. 1997 saw Stephen leave Tiger and establish his own hedge fund, Lone Pine Capital LLC (named after a Dartmouth College pine tree that survived an 1887 lightning strike).

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In 2012, Stephen was ranked among the 40 highest-earning hedge fund managers, among the top 25 in 2013, and the top 15 in 2018. He became the managing director of Lone Pine Capital but left the position as its manager in January 2019. 

Philanthropy

Currently chairing Teach for America’s national board of directors, Stephen previously chaired the board of trustees at Dartmouth. He founded the Zoom Foundation and the Lone Pine Foundation, two charitable foundations. He gave $1 million to the Lincoln Project, a super PAC opposed to Donald Trump.

Net Worth

How rich is Stephen Mandel? The 68-year-old business tycoon has accumulated a tremendous fortune from his career. As of this writing, Stepehn Mandel has a net worth of $2.5 billion, placing him among the world’s wealthiest American businesspeople. At age 68, Stephen cemented himself in global finance by managing some of the most significant hedge funds and establishing Lone Pine Capital.

Stephen Mandel’s success story has inspired many aspiring investors worldwide. His extensive knowledge base has propelled him to become one of the world’s most renowned financial experts. In addition to building a fortune through prudent risk-taking and asset allocation, he was also credited with using his unique abilities to outwit rivals and generate returns that increased exponentially over time—an accomplishment many have attempted. 

Personal Life

Is Stephen Mandel married? Stephen is a happily married man wedded to his soulmate. Regarding his love life, Stephen met his wife, Susan Joy Zadek of Baltimore, in 1982 at Harvard. His wife is a trustee of the Environmental Defense Fund and  Vassar College.

Frequently Asked Questions

How old is Stephen Mandel?

As of 2024, Stephen is 68 years old.

Where was Stephen Mandel born?

He was born on March 12, 1956, in the United States of America.

Who are the parents of Stephen Mandel?

He was born to Ann and Stephen Frank Mandel.

How rich is Stephen Mandel?

He has a net worth of $2.5 billion as of this writing.

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