Julian Robertson, Jr.

$4.80 B

Ranked #586 in World

About Julian Robertson, Jr.

Julian Hart Robertson Jr. (1932-2022), a renowned American billionaire, hedge fund manager, and philanthropist, is remembered for founding Tiger Management in 1980 with an initial investment of $8 million, which ballooned to $22 billion by 1998. A University of North Carolina alumnus and U.S. Navy officer, Robertson's investment acumen foretold the dot-com bubble. Despite facing losses, his strategic moves in shorting subprime securities led to a significant 76.7% return in 2007. Beyond finance, Robertson, a Republican, advocated for clean energy policies and supported various presidential campaigns. Residing in multiple prestigious locations and married to Josephine Tucker until her passing in 2010, Robertson's legacy is honored through numerous accolades, including induction into the Hedge Fund Manager Hall of Fame and a Carnegie Medal of Philanthropy. His philanthropic and financial mentorship continues to influence the sector, even after his demise in Manhattan in 2022 at the age of 90.

Born

June 25, 1932 in Salisbury, North Carolina, U.S.

Died

August 23, 2022 (aged 90)

Source Of Wealth

Hedge Funds

Industries

Finance & Investments

Citizenship

United States

Education

Bachelor of Arts/Science, University of North Carolina

Spouse

Josephine Tucker Robertson (Married: 1972–died 2010)

Children

Julian Hart Robertson Jr. was born on June 25, 1932, in Salisbury, North Carolina. He was the son of Julian Hart Robertson Sr. and Blanche Spencer. Robertson claimed descent from Pocahontas, the daughter of the Powhatan chief.

Robertson graduated from Episcopal High School in 1951 and the University of North Carolina at Chapel Hill in 1955. He served as an officer in the U.S. Navy from 1955 to 1957.

Julian Robertson, Jr.: Investment Career

Robertson founded Tiger Management in 1980 with $8 million in funding. The Tiger Fund achieved a peak of $22 billion in assets in 1998. Robertson accurately predicted the dot-com bubble and underweighted the technology sector.

However, Robertson also suffered significant losses due to troubles with US Airways and the Japanese Yen. In March 2000, he closed Tiger Management, returning outside capital to investors.

Despite these setbacks, Robertson continued to be active in the financial world. In 2007, he shorted subprime securities and used credit default swaps to achieve a 76.7% return. He also supported and financed upcoming hedge fund managers after closing his fund.

Julian Robertson, Jr.: Personal Life

Robertson married Josephine Tucker Robertson in 1972. Josephine passed away in 2010. The couple had three children.

Julian Robertson, Jr.: Politics

Robertson was a Republican, but he urged the party to support clean energy policies. He supported Mitt Romney's 2012 presidential campaign and donated to various Super PACs supporting Republican candidates. Robertson also supported the presidency of Donald Trump and the Tax Cuts and Jobs Act of 2017.

Julian Robertson, Jr.: Residences

Robertson owned residences in Manhattan, Nassau County, Long Island, New Zealand, Sun Valley, and the Hamptons. In 2020, he completed construction of three new homes in New Zealand.

Julian Robertson, Jr.: Death

Robertson passed away at his home in Manhattan on August 23, 2022, at the age of 90.

Julian Robertson, Jr.: Legacy and Awards

Robertson was inducted into Institutional Investors Alpha's Hedge Fund Manager Hall of Fame in 2008.

He was also appointed Honorary Knight Companion of the New Zealand Order of Merit in 2010 and awarded a Carnegie Medal of Philanthropy in 2017.

Julian Robertson, Jr.: Legal Issues

In 1996, Robertson sued BusinessWeek for defamation over a critical cover story. The lawsuit was settled with no money changing hands, and BusinessWeek stood by its reporting.

Wealth History

Timeline

1932

Julian Hart Robertson Jr. was born.

1951

Graduated from Episcopal High School.

1955

Graduated from the University of North Carolina at Chapel Hill.

1955-1957

Served as an officer in the U.S. Navy.

1972

Married Josephine Tucker Robertson.

1980

Founded Tiger Management with $8 million in funding.

1996

Sued BusinessWeek for defamation over a critical cover story.

1998

Tiger Fund achieved a peak of $22 billion in assets.

2000

Closed Tiger Management, returning outside capital to investors.

2007

Shorted subprime securities and used credit default swaps for a 76.7% return.

2008

Inducted into Institutional Investors Alpha's Hedge Fund Manager Hall of Fame.

2010

Appointed Honorary Knight Companion of the New Zealand Order of Merit.

2010

Josephine Tucker Robertson passed away.

2012

Supported Mitt Romney's presidential campaign.

2017

Awarded a Carnegie Medal of Philanthropy.

2017

Supported the presidency of Donald Trump and the Tax Cuts and Jobs Act.

2020

Completed construction of three new homes in New Zealand.

August 23, 2022

Julian Hart Robertson Jr. passed away at his home in Manhattan at the age of 90.

Julian Robertson, Jr. : FAQs

What is Julian Robertson, Jr.'s net worth?

As of 2022, Julian Robertson, Jr.'s net worth was $4.80 billion.

What are Julian Robertson, Jr.'s main sources of wealth?

Julian Robertson, Jr.'s main source of income comes from Hedge Funds.

In which industry does Julian Robertson, Jr. primarily operate?

Julian Robertson, Jr. is primarily involved in the Finance & Investments industry.

What is Julian Robertson, Jr. educational background?

Julian Robertson, Jr. holds a Bachelor of Arts/Science from the University of North Carolina.

Is Julian Robertson, Jr. dead?

Yes, Julian Robertson, Jr. died on August 23, 2022 (aged 90).

How many children does Julian Robertson, Jr. have?

Julian Robertson, Jr. has 3 children.

Who was Julian Hart Robertson Jr. and why is he famous?

Julian Hart Robertson Jr. (1932-2022) was an American billionaire hedge fund manager and philanthropist, known for founding Tiger Management, one of the most successful hedge funds, and for predicting the dot-com bubble.

What were Julian Robertson Jr.'s early life achievements and military service?

Julian Robertson Jr. was the son of Julian Hart Robertson Sr. and Blanche Spencer, claimed descent from Pocahontas, graduated from Episcopal High School and the University of North Carolina at Chapel Hill, and served as an officer in the U.S. Navy from 1955 to 1957.

How did Julian Robertson contribute to the hedge fund industry?

Robertson founded Tiger Management in 1980, achieving a peak of $22 billion in assets. He accurately predicted the dot-com bubble and later supported upcoming hedge fund managers after closing his fund.

What was Julian Robertson's stance on politics and his contributions?

A Republican, Robertson urged the party to support clean energy policies, supported Mitt Romney's 2012 campaign, and was a donor to various Super PACs and the Trump presidency, endorsing the Tax Cuts and Jobs Act of 2017.

What are some of the key awards and recognitions received by Julian Robertson?

Robertson's legacy includes induction into the Hedge Fund Manager Hall of Fame in 2008, an Honorary Knight Companion of the New Zealand Order of Merit in 2010, and a Carnegie Medal of Philanthropy in 2017.