Steve Eisman Net Worth

Steve Eisman is an American investor and money manager who rose to fame after betting against subprime mortgages at FrontPoint Partners LLC. His story was featured in Michael Lewis' book 'The Big Short: Inside the Doomsday Machine', which was later adapted into a movie. Eisman founded the Emrys Partners with $23 million as seed capital, but closed it down in 2014. He then rejoined his parents at Neuberger Berman. Born in New York City in 1962, Eisman's net worth is estimated to be in the millions.
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Age, Biography and Wiki

Who is it? Investor
Birth Day July 08, 1962
Birth Place New York City, United States
Age 60 YEARS OLD
Birth Sign Leo
Alma mater University of Pennsylvania Harvard Law School
Occupation Founder of Emrys Partners
Known for Betting against subprime mortgages

💰 Net worth

Steve Eisman, an esteemed investor from the United States, is estimated to have a net worth ranging from $100K to $1M in 2024. Known for his keen investment strategies and insightful predictions, Eisman has made a significant impact in the finance industry. With a successful track record, he has gained recognition and respect for his ability to identify profitable opportunities. As his net worth continues to grow, Eisman remains a prominent figure in the investment world, admired for his expertise and accomplishments.

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Biography/Timeline

1984

Eisman grew up in New York City, where he attended Yeshiva schools. He attended the University of Pennsylvania, graduating magna cum laude in 1984. He then graduated from Harvard Law School with honors.

1989

He has been married to Valerie Feigen since 1989. Valerie was also portrayed in The Big Short under the name Cynthia, by Marisa Tomei.

2010

After the Department of Education took action against for-profit colleges in 2010, the industry retaliated by accusing Eisman of attempting to illegally influence the government and calling for an investigation by the Secretary of Education. The allegations stem from a meeting that Eisman had with Department of Education officials David Bergeron and Robert Shireman, two weeks before delivering his speech at the Ira Sohn Conference. Shireman was in charge of the department's efforts to toughen regulations on for-profit colleges.

2012

In 2012, Eisman founded Emrys Partners with $23 million in seed capital. The fund performed poorly in 2012, returning 3.6% and underperforming the market. It did better in 2013, returning 10.8% but still underperforming the market. In July 2014 he announced that he was shutting down the fund, explaining his decision by stating that "making investment decisions by looking solely at the fundamentals of individual companies is no longer a viable investment philosophy." The fund controlled an estimated $185 million in assets at the time of its dissolution.

2014

In September 2014, Eisman joined Neuberger Berman as a Managing Director and a Portfolio Manager for the Eisman Group within Neuberger Berman’s Private Asset Management division. The group, run by partners including Steve's parents, Elliott and Lillian Eisman, manages portfolios of stocks for wealthy clients.

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