Daniel Och

$4.17 B

Ranked #987 in World

About Daniel Och

Daniel Och, a renowned American billionaire hedge fund magnate and philanthropic figure, founded Och-Ziff Capital Management, amassing a $3.6 billion fortune by August 2021. Starting at Goldman Sachs, Och's investment acumen led him to establish a significant firm initially supported by the Ziff brothers. Despite controversies, including a bribery fine and protests, he has maintained a presence in finance, now guiding investments through Willoughby Capital and AJAX Holdings. Och’s philanthropy extends to education, healthcare, including a $50 million donation to New York-Presbyterian Hospital, underscoring his commitment to giving back.

Born

January 27, 1961

Age

65 years

Source Of Wealth

Hedge Funds

Industries

Finance & Investments

Citizenship

United States

Residence

Miami Beach, Florida

Education

Bachelor of Arts/Science, University of Pennsylvania, The Wharton School

Spouse

Jane Och

Children

Daniel Och, an American billionaire hedge fund manager, and philanthropist, was born into a Jewish family to Golda and Dr. Michael Och. He grew up in Maplewood, New Jersey, and attended Solomon Schechter Day School of Essex and Union (now Golda Och Academy). Och later pursued a higher education, earning a bachelor's degree in economics with a concentration in finance from the prestigious Wharton School of the University of Pennsylvania.

Daniel Och: Family

Daniel Och is married to Jane Och, and together they have three children. Outside of his professional endeavors, Och enjoys engaging in philanthropic activities, skiing, and immersing himself in historical subjects.

Daniel Och: Career Highlights

Och commenced his investment career at Goldman Sachs in 1982, where he initially joined the Risk Arbitrage Department. Over time, he ascended to become the head of proprietary trading in the Equities Division and co-head of U.S. Equities Trading. After an impressive 11-year tenure at Goldman Sachs, Och ventured into entrepreneurship by establishing Och-Ziff Capital Management Group in 1994. This endeavor was made possible with a substantial initial investment of $100 million from the Ziff brothers.

Och-Ziff Capital Management Group achieved a significant milestone in 2007 when it completed an initial public offering on the New York Stock Exchange. The company's shares were initially listed at a price of $32.00, but unfortunately, the stock's value experienced a significant decline over time.

Daniel Och: Companies

Daniel Och is renowned for his contributions to the financial industry, particularly through his involvement with the following companies:

Goldman Sachs
Och-Ziff Capital Management Group
Willoughby Capital
AJAX Holdings

Daniel Och: Major Achievements

Och's accomplishments in the financial realm have garnered widespread recognition. Notably, he was acknowledged as one of the 25 Highest-Earning hedge fund managers in 2013 by Forbes magazine.

Daniel Och: Awards & Achievements

Despite facing controversies, Och has received accolades for his contributions. In 2014, the University of Michigan established the Och Initiative for Women in Finance in his honor.

Furthermore, in 2022, he was recognized for his philanthropic efforts with a $50 million gift to New York-Presbyterian Hospital, leading to the expansion of the Och Spine program.

Daniel Och: Personal Life & Legacy

Beyond his professional achievements, Och actively engages in philanthropic endeavors. He serves on the board of Endeavor and holds the position of vice chair at the Robin Hood Foundation. Additionally, Och has been a dedicated board member of New York-Presbyterian Hospital since 2005. His generous contributions to the hospital, including a $25 million donation, resulted in the naming of the Spine Hospital after him and his wife.

Daniel Och: Trivia

In the realm of politics, Och made a notable contribution of $28,500 to the Democratic Senatorial Campaign Committee in 2008.

Wealth History

Timeline

1961

Daniel Och was born in Maplewood, New Jersey.

1982

Och began his career at Goldman Sachs in the Risk Arbitrage Department.

1994

Och founded Och-Ziff Capital Management Group with a $100 million initial investment from the Ziff brothers.

2007

Och-Ziff completed an initial public offering on the New York Stock Exchange.

2013

Och was listed as one of the 25 Highest-Earning hedge fund managers by Forbes.

2015

Och was targeted by the "Hedge Clippers" activist group for protesting outside his residence.

2016

The U.S. government fined Och and Och-Ziff fund for paying bribes to African government officials.

February 2018

Och was replaced as CEO of Och-Ziff by Robert Shafir.

March 2019

Och remained chairman until March 2019.

2022

Och announced a $50 million gift to New York-Presbyterian to expand the Och Spine program.

Daniel Och : FAQs

What is Daniel Och's current net worth?

Daniel Och's current net worth is $4.17 billion.

What is Daniel Och's current global rank among billionaires?

Daniel Och holds the 987th position globally among billionaires.

What is Daniel Och's current ranking within the United States?

Daniel Och holds the 375th position in United States.

What was the change in Daniel Och's net worth compared to the previous year?

Daniel Och's net worth decreased by 0 million dollars compared to the previous year 2025, when his net worth was 4.17 billion dollars.

What are Daniel Och's main sources of wealth?

Daniel Och's main source of income comes from Hedge Funds.

In which industry does Daniel Och primarily operate?

Daniel Och is primarily involved in the Finance & Investments industry.

What is Daniel Och educational background?

Daniel Och holds a Bachelor of Arts/Science from the University of Pennsylvania from The Wharton School.

How old is Daniel Och?

Daniel Och is 65 years old.

How many children does Daniel Och have?

Daniel Och has 3 children.

Where did Daniel Och receive his education and start his career?

Daniel Och grew up in Maplewood, New Jersey, attended Solomon Schechter Day School, and earned a bachelor's degree in economics with a finance concentration from Wharton School. He began his career at Goldman Sachs in the Risk Arbitrage Department in 1982.

What is Och-Ziff Capital Management and how did it perform in the stock market?

Och-Ziff Capital Management Group is a hedge fund management company founded by Daniel Och in 1994 with an initial investment from the Ziff brothers. It went public in 2007 on the NYSE with shares initially priced at $32.00 but has since experienced a significant stock decline.

What philanthropic efforts is Daniel Och known for?

Daniel Och is a respected philanthropist who sits on the board of Endeavor, is the vice chair of the Robin Hood Foundation, a trustee of New York-Presbyterian Hospital, and has made significant donations to healthcare and educational initiatives, including a $50 million gift to New York-Presbyterian in 2022.

What major leadership change took place at Och-Ziff Capital Management?

In February 2018, Daniel Och was replaced as CEO of Och-Ziff by Robert Shafir and he remained chairman until March 2019. This change in leadership came after a bribery scandal and caused turmoil within the company due to retracted succession plans.