Daniel Och | $1B+
Get in touch with Daniel Och | Daniel Och is the American billionaire founder of Och‑Ziff Capital Management (rebranded as Sculptor Capital in 2019). A Wharton alumnus and former Goldman Sachs equities trader, he built Och‑Ziff into a major hedge fund managing tens of billions before stepping down in 2019. He now runs Willoughby Capital, a family office investing in tech startups like Robinhood, Coinbase, and Instacart, while leading major philanthropic initiatives.
Daniel Och (born 27 January 1961) is an American billionaire hedge fund manager, and philanthropist. He is the founder, chairman and former CEO of Och-Ziff Capital Management, a global hedge fund and alternative asset management firm.[1] According to Forbes he has a net worth of US$3.6 billion, as of August 2021.[2]
Daniel Saul Och
Daniel Och at the World Economic Forum annual meeting in 2009
Born27 January 1961 (age 64)
Nationality American
Alma mater Wharton School of the University of Pennsylvania
Occupation(s) hedge fund manager, and philanthropist
Known for Founder and chairman, Och-Ziff Capital Management
Spouse Jane Och
Children 3
Contents
Early life and education
edit
Och is Jewish, the son of Golda and Dr. Michael Och.[4] Och grew up in Maplewood, New Jersey and attended the Solomon Schechter Day School of Essex and Union (since renamed Golda Och Academy, in honor of his mother) in West Orange, New Jersey, a Jewish day school founded by his parents.[4] In December 2010, Och donated $15 million to the school, effectively doubling its endowment.[5] Och has a bachelor's degree in economics with a concentration in finance from the Wharton School of the University of Pennsylvania.[6]
Investment career
edit
In 1982, Och began his career at Goldman Sachs in the Risk Arbitrage Department. He was later the head of proprietary trading in the Equities Division and co-head of U.S. Equities Trading. He worked at Goldman Sachs for 11 years.[6] In 1994, Och founded Och-Ziff Capital Management Group with $100 million initial investment from the brothers Dirk Edward Ziff, Daniel M. Ziff, and Robert D. Ziff, heirs to publishing magnate William Bernard Ziff, Jr.[2] Och-Ziff completed an initial public offering in 2007, listing its shares on the New York Stock Exchange initially at a price of $32.00. The company's stock has declined significantly since the IPO, reaching its all-time low of 3.29 on July 22, 2016.
In February 2014, Forbes listed Daniel Och as one of the 25 Highest-Earning hedge fund managers in 2013. His 2013 total earnings of $400 million ranks him the 17th among the 25 top earning hedge fund managers.[7]
On May 8, 2015, Och was targeted by the "Hedge Clippers" activist group, who protested outside of his residence at 15 Central Park West, New York City.[8]
In September 2016, the U.S. government fined Och $2.2 million and the Och-Ziff fund $413 million for paying over $100 million in bribes to various African government officials.[9]
In February 2018, Och was replaced as CEO of Och-Ziff by Robert Shafir. Och remains chairman until March 2019.[10][11] This change in leadership occurred following the 2016 bribery scandal and caused turmoil as Och had formerly indicated James Levin would be his successor before retracting that statement.[12][13]
Dan Och now invests out of his single-family office, Willoughby Capital, and his new $750M SPAC, AJAX Holdings.[14]
Donations
edit
Philanthropy
edit
Och sits on the board of Endeavor.[15] He is the vice chair of Robin Hood Foundation, a charitable organization fighting poverty in New York City.[16] He has sat on the board of trustees of New York-Presbyterian Hospital since 2005.[17]
In October 2017, the Spine Hospital of the NewYork–Presbyterian Hospital was named after Och and his wife following a $25 million donation.[18] In 2014, the University of Michigan established The Och Initiative for Women in Finance named after the Och family.[19]
In May 2022, The Jane and Daniel Och Family Foundation announced a $50 million gift to the New York-Presbyterian. The donation is to expand the Och Spine program across the New York area by increasing access to spinal care by establishing additional Och Spine facilities, while focusing additional resources on non-operative services and care.[20]
Political contributions
edit
In 2008, Och donated $28,500 to Democratic Senatorial Campaign Committee.[21]
Personal life
edit
Och is married to Jane Och with whom he has three children.[2][3] Och's personal interests include philanthropy, skiing, and history
Join UHNWI direct Affiliate Program
Earn Passive Income by Sharing Verified Contact Information of Billionaires, Centi-Millionaires, and Multi-Millionaires on the UHNWI Direct Platform
Maximize your earnings potential by sharing direct and validated contact information of the ultra-wealthy, including billionaires, centi-millionaires, and multi-millionaires. Join the UHNWI Direct platform and tap into a lucrative passive income stream by providing valuable data to those seeking high-net-worth connections. Start earning today with UHNWI Direct.
You may also be interested in reviewing other UHNWIs profiles.
To find the person you want to contact, start typing their name or other relevant tags in the search bar.
Please note: Our database contains over 10,000 direct contacts of UHNWIs, and it is highly likely that the individual you are seeking is already included. However, creating individual profiles for each contact is a meticulous and time-intensive process, So, if you are unable to find the profile of the individual you are looking for, please click here.
Filter by Net Worth: All | Billionaires | Centi-Millionaires | Multi-Millionaires
Filter by Location: All | USA | Canada | Europe | UK | Russia & CIS | Asia | MEIA | Australia | Latin America
Filter by Age: 1920-1930 | 1930-1940 | 1940-1950 | 1950-1960 | 1960-1970 | 1970-1980 | 1980-1990 | 1990-2000
Related People
UHNWI direct
