According to Forbes Magazine, he is #1031 in the World Billionaires List (#1075 in 2012), and #311 in the Forbes 400 List. He’s a direct descendant of Peter Stuyvesant, the last Dutch governor of New York who built the ‘wall’ of Wall Street. He’s a graduate of Deerfield and Williams. Forbes was a “Tiger Cub,” trained at the famous hedge fund shop Tiger Management by Julian Robertson along with Lee Ainslie, Andreas Halvoren and Stephen Mandel.
Chase Coleman Net Worth $1.4 Billion
In 2001, he founded the hedge fund business Tiger Global Management which he now co-manages along with Feroz Dewan in 2001. As of 2007, it has reached the seven-year annualized return of 44% together with the fund returning 91% that time. Yet, it dropped 26% by 2008 and another drop by 1% in 2009. By 2010, it got back to its feet with an increase of 18%. It had been among the very best performing hedge funds using a return of at least 70%.
At 37, Chase Coleman was named in the Forbes Ten Youngest Billionaires (#6) in 2012 and Forbes Youngest Billionaires on the planet (#15) in 2011. The firm has outperformed every other hedge fund in that year and ended up for 45%, regardless of the fight in the hedge fund market.