Louis Bacon Net Worth

$2 Billion         |         Rank #1818

Who is Louis Bacon

He created hedge fund Moore Capital in 1989 using trading profits and a small inheritance.
Bacon announced he was closing his hedge fund and returning outside investors’ money in November 2019, citing years of “disappointing results.”
Moore Capital still manages internal money and scored 70% returns in 2020 for Bacon and his employees. Coming from an average or middle class family, Louis Bacon is one those great persons who have stormed their way to the billionaires list on their own. And currently ranks at 1818 on billionaires list making him one of the wealthiest ever persons on the planet. He is currently 65.0 years old. As of today, Louis Bacon’s net worth is approximately 2 Billion.

Facts about Louis Bacon

Net Worth: 2 Billion
Billionaire Rank: 1818
Age: 65.0
Date of Birth: 25-07-56
Gender: Male
Currently Living in: Oyster Bay, New York, United States
Birth Place: United States
Source of Wealth: hedge funds
Job Founder at Moore Capital Management, LP

To find out what is Louis Bacon Net Worth, how he got there and what is Louis Bacon Salary Per Day, Career, Biography and Childhood details, continue reading below.

Background of Louis Bacon

Louis Bacon was born on 25-07-56 in United States. Bacon’s environmental preservation-focused Moore Charitable Trust was defrauded out of $25 million by jailed banker Andy Caspersen. Being raised in the same country, Louis Bacon spent most of his time in New York in the city of Oyster Bay.

Louis Bacon net worth is estimated at 2 Billion Billion to date.

 

Louis Bacon hedge funds
Louis Bacon Net Worth

Professional Journey

Louis Bacon is currently working as Founder at the world famous Moore Capital Management, LP. You will see him often in social media.  One of Wall Street’s macro-trading legends, Louis Bacon cut his teeth as a commodities and currencies trader, earning big profits in the 1987 crash. There was a time when he would have embraced the change that was coming.  He is one of the persons who are always trending in news. In his youth, he was adventurous but unknown, but that was years ago. He created hedge fund Moore Capital in 1989 using trading profits and a small inheritance.
Bacon announced he was closing his hedge fund and returning outside investors’ money in November 2019, citing years of “disappointing results.”
Moore Capital still manages internal money and scored 70% returns in 2020 for Bacon and his employees. He learnt to find the excitement that came with change. That curiosity had long left him to where he had come to loathe anything that put him out of his comfort zone. One of Wall Street’s macro-trading legends, Louis Bacon cut his teeth as a commodities and currencies trader, earning big profits in the 1987 crash.
It is to be noted that Louis Bacon is one of the selfmade billionaires in the world and stands at 1818 in most wealthy persons in the world.

FAQs

Here are a few most frequently asked questions about Louis Bacon:

How much is Louis Bacon worth?

Louis Bacon’s net worth is estimated to be 2 Billion.

How old is Louis Bacon?

Louis Bacon was born on 25-07-56, and is currently 65.0 years old.

What is Louis Bacon source of income?

Louis Bacon acquires most part of his wealth from hedge funds.
 

Concluding Louis Bacon Net Worth

Currently with a net worth of 2 Billion, Louis Bacon stands at 1818 in the world billionaires list. And draws most of his wealth from hedge funds. Hope you like this information about Louis Bacon. If you like this, then please share it with your friends. This above post is all about the estimated worth of Louis Bacon. Do you have any queries? Feel free to ask via comment section.

 

Disclaimer: Please keep in mind that this is an estimated net worth of Louis Bacon. Actual worth may vary a little. You can always get information by checking out Leaktown.com.