J. Tomilson Hill

$3.02 B

Ranked #1374 in World

About J. Tomilson Hill

Renowned American billionaire and hedge fund magnate, James Tomilson "Tom" Hill III, boasts an illustrious tenure as Blackstone Alternative Asset Management's (BAAM) most recent president and CEO. Born in New York, Hill's prestigious educational journey led him from The Buckley School and Milton Academy to Harvard, culminating with an MBA. His financial savvy emerged at First Boston, eventually guiding Blackstone's BAAM to a staggering $56 billion in assets. Hill's strategic acumen earned him a spot in the Hedge Fund Hall of Fame, while his philanthropy shines from Lincoln Center Theater to the Hill Art Foundation. A Manhattanite, Hill's personal interests include an iconic Rothko sale and a notable art collection.

Born

May 24, 1948

Age

77 years

Source Of Wealth

Investments

Industries

Finance & Investments

Citizenship

United States

Residence

New York, New York

Education

Master of Business Administration, Harvard Business School; Bachelor of Arts/Science, Harvard University

Spouse

Janine W. Hill

Children

James Tomilson "Tom" Hill III was born on May 24, 1948, in New York City. He attended The Buckley School and Milton Academy before receiving a Bachelor of Arts degree, cum laude, from Harvard College, where he studied history, literature, and Japanese studies. He then went on to earn an M.B.A. from Harvard Business School.

J. Tomilson Hill: Family

Tom Hill is married to Janine W. Hill, and they have two daughters together: Margot Langdon Hill Kirby and Astrid Hill Lloyd.

J. Tomilson Hill: Career Highlights

Tom Hill began his career at First Boston in 1973, where he was a founding principal of its mergers and acquisitions department. He then moved to Smith Barney as head of its mergers and acquisitions department before joining Lehman Brothers in 1982 as a partner in its M&A department. At Lehman Brothers, he rose through the ranks to become head of M&A, head of Investment Banking, and co-CEO. He participated in the takeover battle for control of RJR Nabisco in 1988.

In 1993, Tom Hill joined Blackstone as co-head of the corporate mergers and acquisitions advisory group. He became vice chairman of the firm in 2007 and has served as president and chief executive of Blackstone Alternative Asset Management (BAAM) since 2000. Under his leadership, BAAM's assets under management grew from $1.3 billion to $56 billion, making it the world's largest discretionary allocator to hedge funds.

In recognition of his achievements, Tom Hill was inducted into Institutional Investor's Alpha's "Hedge Fund Hall of Fame" in 2014. He left Blackstone in 2021 to become chairman of private investments at Two Sigma.

J. Tomilson Hill: Companies

First Boston
Smith Barney
Lehman Brothers
Blackstone
Two Sigma

J. Tomilson Hill: Major Achievements

Grew BAAM's assets under management from $1.3 billion to $56 billion.
Made BAAM the world's largest discretionary allocator to hedge funds.
Inducted into Institutional Investor's Alpha's "Hedge Fund Hall of Fame" in 2014.

J. Tomilson Hill: Awards & Achievements

Inducted into Institutional Investor's Alpha's "Hedge Fund Hall of Fame" in 2014.

J. Tomilson Hill: Personal Life & Legacy

Tom Hill lives in Manhattan with his wife, Janine W. Hill. He is a passionate art collector and has served as chairman of Lincoln Center Theater and the Smithsonian's Hirshhorn Museum and Sculpture Garden. He also serves on the board of directors of several organizations. In 2014, he presented "Renaissance and Baroque Bronzes from the Hill Collection" at the Frick Collection, and in 2017, he opened the Hill Art Foundation to exhibit his private collection to the public.

J. Tomilson Hill: Trivia

Sold Mark Rothko's No. 6 (Yellow, White, Blue Over Yellow on Gray) for a record $17.3 million in 2004.

Wealth History

Timeline

May 24, 1948

James Tomilson "Tom" Hill III was born in New York.

1973

Started career at First Boston.

1982

Joined Lehman Brothers as a partner in its M&A department.

1988

Participated in the takeover battle for control of RJR Nabisco.

1993

Joined Blackstone as co-head of the corporate mergers and acquisitions advisory group.

2000

Became president and chief executive of BAAM.

2007

Became vice chairman of Blackstone.

2014

Inducted into Institutional Investor's Alpha's "Hedge Fund Hall of Fame".

2017

Opened the Hill Art Foundation to exhibit his private collection to the public.

2021

Became chairman of private investments at Two Sigma.

J. Tomilson Hill : FAQs

What is J. Tomilson Hill's current net worth?

J. Tomilson Hill's current net worth is $3.02 billion.

What is J. Tomilson Hill's current global rank among billionaires?

J. Tomilson Hill holds the 1374th position globally among billionaires.

What is J. Tomilson Hill's current ranking within the United States?

J. Tomilson Hill holds the 496th position in United States.

What was the change in J. Tomilson Hill's net worth compared to the previous year?

J. Tomilson Hill's net worth decreased by 364.23 million dollars compared to the previous year 2025, when his net worth was 3.38 billion dollars.

What is the recent change in J. Tomilson Hill's net worth?

J. Tomilson Hill's net worth decreased by 5.94 million dollars recently, a 0.2% decrease, with his net worth standing at 3.02 billion dollars.

What are J. Tomilson Hill's main sources of wealth?

J. Tomilson Hill's main source of income comes from Investments.

In which industry does J. Tomilson Hill primarily operate?

J. Tomilson Hill is primarily involved in the Finance & Investments industry.

What is J. Tomilson Hill educational background?

J. Tomilson Hill holds a Master of Business Administration from Harvard Business School and a Bachelor of Arts/Science from Harvard University.

How old is J. Tomilson Hill?

J. Tomilson Hill is 77 years old.

How many children does J. Tomilson Hill have?

J. Tomilson Hill has 2 children.

Who is James Tomilson 'Tom' Hill III and what is his background?

James Tomilson 'Tom' Hill III, born on May 24, 1948, in New York, is an American billionaire hedge fund manager and the former president and CEO of Blackstone Alternative Asset Management.

What educational achievements does Tom Hill have?

Tom Hill attended The Buckley School and Milton Academy, received a B.A., cum laude, from Harvard College with a focus on history, literature, and Japanese studies, and earned an M.B.A. from Harvard Business School.

Can you outline the major milestones in Tom Hill's career?

Tom Hill started his career at First Boston in 1973, was a founding principal of its M&A department, led Smith Barney's M&A department, was a partner at Lehman Brothers, participated in the RJR Nabisco takeover, joined Blackstone in 1993, grew BAAM's assets significantly, and was inducted into the 'Hedge Fund Hall of Fame' in 2014. In 2021, he became chairman of private investments at Two Sigma.

What philanthropic endeavors is Tom Hill known for?

Tom Hill is the chairman of Lincoln Center Theater, former chairman of the Smithsonian's Hirshhorn Museum, serves on various boards, presented a notable bronze collection at the Frick Collection in 2014, and opened the Hill Art Foundation in 2017 to display his private art collection.

What are some details of Tom Hill's personal life and his notable art sale?

Tom Hill lives in Manhattan with his wife, Janine W. Hill. He has two daughters, Margot Langdon Hill Kirby and Astrid Hill Lloyd. In 2004, he sold Mark Rothko's No. 6 (Yellow, White, Blue Over Yellow on Gray) for a record-breaking $17.3 million.