Scott Shleifer (born 1977) is an American billionaire investor and former hedge fund manager, best known as the co-founder and longtime head of the private equity division at Tiger Global Management.[1][2] Born and raised in suburban Portland, Oregon, Shleifer graduated from Beaverton High School in 1995 and earned a Bachelor of Science in Economics from the Wharton School of the University of Pennsylvania in 1999.[2][1]
After college, Shleifer began his career as an analyst at the Blackstone Group, where he worked for three years before joining the nascent Tiger Global Management in 2002.[2] In 2003, he co-founded the firm's private equity investing arm alongside founder Chase Coleman, initially focusing on public market investments in technology and consumer sectors, particularly in China.[1][3] Under his leadership, the division expanded into venture capital, overseeing investments in high-profile Chinese tech companies such as JD.com, Didi Chuxing, and Meituan, which significantly contributed to the firm's growth to approximately $50 billion in assets under management by 2024.[1][4]
Shleifer served as managing director and partner at Tiger Global, managing its private equity and venture operations until he stepped down as head of private investments in late 2023, transitioning to a senior advisor role at the start of 2024.[3][1] His tenure helped transform Tiger Global from a hedge fund into a major player in global technology investing, though the firm faced challenges from market volatility and regulatory pressures in China during the early 2020s.[5] As of November 11, 2025, Shleifer's net worth is estimated at $3.8 billion, derived primarily from his stakes in successful tech investments.[1]
A self-made financier with a philanthropy score of 2 on the Forbes scale, Shleifer resides in New York City but owns a prominent 21,000-square-foot mansion in Palm Beach, Florida, purchased for $123 million in 2021.[1] He is married with two children and has supported educational initiatives, including a $1.8 million donation to his alma mater Beaverton High School in 2021.[2][1]
Early life and education
Childhood and family background
Scott Shleifer was born in 1977 in Portland, Oregon, to a Jewish family.[1][2]
He grew up in suburban Portland, where his family was deeply involved in the local furniture trade.[4] His father, Stuart Shleifer, owned and operated Shleifer Furniture, a business founded in 1936 by Stuart's father and grandfather during the Great Depression, which served as a cornerstone of the Portland community for nearly eight decades.[6][2] The enterprise, housed in a historic 1906 building on Southeast Grand Avenue, provided Shleifer with early exposure to business operations, including sales, inventory management, and family-run entrepreneurship.[4][6] His mother worked as an interior designer, further embedding the family in the industry and influencing daily life around home furnishings and design.[4]
Shleifer attended Beaverton High School in the Portland suburbs, graduating in 1995.[2] The closure of Shleifer Furniture in 2015 marked the end of three generations of family stewardship, reflecting broader economic shifts in retail while underscoring the enduring legacy of the business on family dynamics.[4][6] His Jewish heritage contributed to a cultural emphasis on community and perseverance during his formative years in Oregon.[2]
Academic career
Shleifer graduated from Beaverton High School in Beaverton, Oregon, in 1995.[7]
He then attended the University of Pennsylvania, earning a bachelor's degree from the Wharton School in 1999 with a focus on economics.[8][9] During his studies at Wharton, Shleifer developed an early interest in finance, particularly global economics, which shaped his career trajectory.[10]
In recognition of his achievements as an alumnus, Shleifer was named to Wharton Magazine's "40 Under 40" list in 2015.[11] This honor highlighted his emerging leadership in investment management while still in his thirties.[12]
Professional career
Initial roles in finance
After graduating from the University of Pennsylvania's Wharton School in 1999 with a degree in economics, Scott Shleifer entered the finance industry as an analyst at The Blackstone Group.[9] His Wharton education provided a strong foundation in business and finance, preparing him for the analytical demands of private equity.[9]
From 1999 to 2002, Shleifer worked at Blackstone for approximately three years, where his responsibilities centered on private equity analysis, including evaluating potential deals, conducting due diligence, and supporting investment decisions.[2][13] This role immersed him in the fundamentals of private equity operations, honing skills in financial modeling and market assessment essential for identifying high-potential investments.[14]
In 2002, Shleifer left Blackstone to join Tiger Global Management as one of its early team members, marking his entry into the firm's emerging investment activities.[14][15]
Leadership at Tiger Global Management
Scott Shleifer joined Tiger Global Management in 2002 as an analyst shortly after leaving his role at Blackstone, where he gained early experience in private equity.[16] In 2003, two years after Chase Coleman launched the firm's hedge fund operations, Shleifer co-founded Tiger Global's private equity investing arm, marking a pivotal expansion beyond its initial public markets focus.[1]
As a managing director and partner, Shleifer oversaw the rapid growth of Tiger Global's private equity team from a small group into a dominant force in technology investments, directing the allocation of billions in capital to high-potential opportunities.[14] Under his leadership, the firm extended its reach into venture capital, emphasizing high-growth sectors such as internet and consumer technology, which became central to its strategy and drove substantial assets under management.[3] This evolution transformed Tiger Global into a leading global investor in innovative tech ecosystems.
Shleifer's contributions to the firm's success directly contributed to his personal wealth, with net worth estimates reaching $3.5 billion as of September 2022 amid a period of market volatility affecting tech valuations.[17] By 2025, following recoveries in the sector, his fortune was valued at approximately $3.8 billion, reflecting the enduring impact of Tiger Global's performance under his stewardship.[18]
Key investments and strategies
Scott Shleifer, as head of Tiger Global Management's private equity division, championed an aggressive "spray and pray" investment approach in venture capital, characterized by rapid deployments across numerous tech startups to capitalize on high-growth opportunities.[14][19] This strategy involved making high-velocity investments, with Tiger Global participating in 315 deals in 2021 alone, often at elevated valuations during the venture boom.[19] Under his oversight, the firm executed over 100 investments, focusing on scalable technology platforms in consumer and internet sectors.[20]
Shleifer directed a significant emphasis toward Chinese internet companies, leading bets on e-commerce leader JD.com, ride-hailing service Didi Chuxing, and food delivery giant Meituan, which generated substantial returns amid China's digital expansion.[1] Globally, his portfolio extended to consumer tech firms such as music streaming service Spotify Technology and Indian e-commerce platform Flipkart, the latter yielding Tiger Global approximately $3.5 billion in profits upon its acquisition by Walmart in 2018.[21][22] Deal sizes under Shleifer's strategy typically ranged from $15 million to $200 million, with a sweet spot around $50 million to enable quick scaling in competitive markets.[20]
Despite early successes, Shleifer's approach faced challenges, particularly with Tiger Global's fifteenth private investment fund (PIP 15), which raised $12.7 billion in 2021 but reported paper losses exceeding 15% as of June 30, 2024, ranking in the bottom 10% of peer venture funds.[19][23] This underperformance, disclosed in December 2024 through investor reports, stemmed from markdowns on holdings like email client Superhuman (45% decline) and search engine DuckDuckGo (72% decline), exacerbated by rising interest rates and a venture market correction.[19][24] By the end of 2024, the fund's annualized return had improved to -12%, with additional modest recoveries in 2025 from key holdings like OpenAI and exits such as ServiceNow's acquisition of Moveworks, though it remains below benchmarks.[25]
Recent transitions
In November 2023, Scott Shleifer announced his decision to step down as head of private equity at Tiger Global Management, with the change taking effect on January 1, 2024.[3] He transitioned to a full-time senior advisor role, remaining a partner at the firm and continuing to contribute to its investment activities in an advisory capacity.[26] This shift enabled founder Chase Coleman to reassume full control of the private equity arm, which he will oversee through a new investment committee that includes Shleifer alongside other partners such as Evan Feinberg, Griffin Schroeder, and Eric Lane.[3]
The transition occurred amid a challenging period for Tiger Global, characterized by market volatility and performance struggles in the years following 2021.[26] The firm, which had aggressively expanded its venture investments to a peak of $65 billion in assets under management by late 2021, encountered significant paper losses and fundraising difficulties as rising interest rates and economic shifts deflated tech valuations.[3] Shleifer's prior strategy of rapid, high-volume deals into startups had fueled the firm's growth during the boom but amplified vulnerabilities during the subsequent downturn, often described as a "wild ride" for the hedge fund.[26] Despite these headwinds, Tiger's public hedge fund rebounded with a 21% return through October 2023.[3]
In his new role, Shleifer will focus on advising across the firm's private funds without day-to-day leadership duties, supporting Coleman's unified management of both public and private investments.[27] This structure allows Tiger Global to emphasize an in-person operational model from its New York headquarters while accommodating Shleifer's family commitments in Florida.[26] The change signals a strategic recalibration for the firm as it navigates ongoing market recovery and fundraising efforts.[28]
Philanthropy
Support for educational institutions
Scott Shleifer has made significant contributions to educational institutions, particularly focusing on enhancing access and resources for students from diverse backgrounds. In 2021, he donated $1.8 million to the Beaverton High School Success Fund, the booster club for his alma mater in Beaverton, Oregon, to support program expansions and fee reductions that broaden participation in extracurricular activities.[29] This gift enabled the fund to increase annual scholarships from $30,000 to $150,000, directly benefiting hundreds of students by removing financial barriers to sports, arts, and academic programs.[10]
A major aspect of Shleifer's educational philanthropy involves higher education, exemplified by his $18 million gift to the University of Pennsylvania in January 2022, where he earned a Bachelor of Science in Economics from the Wharton School in 1999.[30] The donation established the Shleifer Family Penn First Plus program, which provides comprehensive financial aid, academic advising, and mentorship to first-generation and low-income undergraduates, aiming to foster their success in an Ivy League environment.[31] This initiative builds on Penn's Penn First Plus efforts launched in 2018, significantly expanding resources such as emergency funding and career support to serve a growing population of underrepresented students.[32]
Through these donations, Shleifer's support has emphasized equitable access to quality education, from high school enhancements that promote community involvement to university programs that bridge socioeconomic gaps.[32] His contributions underscore a commitment to institutional improvements that benefit broad student cohorts rather than individual recipients.[33]
Family-focused giving
In February 2022, Scott Shleifer and his wife, Elena, made an $18 million unrestricted gift to Palm Beach Day Academy, the private school attended by their children, to launch the institution's Second Century Campaign.[34] This donation, the largest in the academy's 100-year history, advanced the campaign toward its $30 million goal by more than halfway and supported enhancements to school facilities, faculty development, and educational programs emphasizing excellence, kindness, and integrity.[34][35]
The Shleifers' philanthropy in this area extends through their family foundation, the E&Ss Foundation Inc., which they direct and which focuses on educational and charitable causes.[36] In 2023, the foundation disbursed a total of $18,532,560 in grants, including a $4.5 million contribution to Palm Beach Day Academy to further support its educational initiatives. This ongoing involvement underscores their commitment to strengthening the school's resources for the benefit of its students, including their own family.[36]
Personal life
Marriage and family
Scott Shleifer is married to Elena Shleifer.[37]
The couple has four children, including a daughter born in 2014 named Vera May Shleifer.[38][39]
As of 2022, all four children were attending Palm Beach Day Academy in Palm Beach, Florida, where the oldest daughter was in eighth grade.[39][35]
The Shleifer family is Jewish and has supported Jewish organizations, including through joint philanthropic efforts with Elena.[40][41]
Residences and assets
Scott Shleifer's primary residence is in New York City, where he acquired a 4,500-square-foot duplex co-op at 895 Park Avenue on the Upper East Side for $18 million in 2015.[42]
In February 2021, Shleifer purchased an oceanfront mansion in Palm Beach, Florida, for $122.7 million, marking one of the highest-priced residential real estate transactions in the United States at the time.[43] The 21,000-square-foot property includes nine bedrooms, a separate guest house, an oceanfront swimming pool, a gym, a sauna, and a hair salon, situated on a two-acre lot.[44]
Shleifer's asset wealth, tied to his professional success in private equity, is evidenced by his estimated net worth of $3.8 billion and his #389 ranking on the 2025 Forbes 400 list.[1]
Legal and financial disputes
In June 2025, U.S. District Judge Robin L. Rosenberg in the Southern District of Florida granted summary judgment to the government in Shleifer et al. v. United States (No. 9:24-cv-80713), denying Scott and Elena Shleifer a $1.9 million income tax refund for the 2014 tax year.[45] The couple had sought the refund based on a $5.9 million depreciation deduction for Scott Shleifer's 37.5% interest in a Bombardier Global 6000 private jet, acquired through SLS Travel LLC, which they argued qualified as a business expense due to its use for investment-related travel.[46] The court ruled that the claim was barred under the variance doctrine of 26 U.S.C. § 7422(a), as the Shleifers' refund suit alleged a partnership loss on Schedule E that substantially differed from their original amended return's Schedule C business deduction, depriving the IRS of adequate notice.[47]
The dispute centered on whether SLS Travel LLC operated as a trade or business, with the IRS contending that the entity lacked a profit motive and primarily facilitated personal travel, despite the Shleifers documenting 31.1 business flight hours out of 54.1 total in 2014.[48] Judge Rosenberg further held that the jet's ownership structure did not substantiate a deductible business loss, as SLS was not engaged in active operations beyond aircraft acquisition and maintenance.[45]
The Shleifers appealed the decision to the U.S. Court of Appeals for the Eleventh Circuit on August 6, 2025 (No. 25-12719), where the case remains pending as of November 2025.[49] In October 2025, the American College of Tax Counsel filed an amicus brief supporting the appellants, arguing that the district court's application of the variance doctrine unduly restricted judicial review in tax refund litigation.