Leon Cooperman Biography
Leon Cooperman (born on April 25, 1943) is a prominent American billionaire investor and hedge fund manager. He currently holds the positions of chairman and CEO at Omega Advisors, a New York-based investment advisory firm. Omega Advisors manages a substantial portfolio, with assets under management exceeding $3.3 billion, primarily consisting of Cooperman’s personal wealth. In September 2016, the U.S. Securities and Exchange Commission (SEC) charged both Cooperman and Omega Advisors with insider trading.
The allegations were specific to the “trading stocks, bonds, and call options of Atlas Pipeline Partners in July 2010 based on information obtained from an executive at the company.” In May 2017, Cooperman’s firm reached a settlement with the SEC, agreeing to pay $4.9 million.
Notably, as part of the settlement, neither Cooperman nor Omega Advisors admitted any wrongdoing. Additionally, they agreed to the stipulation of a compliance monitor with access to their electronic communications and trading records.
Both parties also committed to submitting monthly certifications affirming that they had refrained from engaging in insider trading until the year 2022.
Leon Cooperman Age
Cooperman is 80 years old as of 2023, he was born on April 25, 1943, in New York, New York, United States as Leon G. Cooperman. He celebrates his birthday on April 25, every year.
Quick facts about Leon Cooperman are listed below:
- Full Name: Leon G. Cooperman
- Gender: Male
- Age: 80 years old
- Birth of Date: April 25, 1943
- Place Of Birth: New York, New York, United States
- Zodiac Sign: Taurus
- Salary: Not known
- Net Worth: $2.8 billion
- Marital Status: Married
- Wife: Toby Cooperman (m. 1964)
- Children: Wayne Cooperman, Michael Cooperman
- Mother’s Name: Not known
- Father’s Name: Not known
- Siblings: Not known
- Profession: Investor, hedge fund manager
Leon Cooperman Height
Cooperman stands at an average height of 5 feet 7 inches (1.70 m) tall.
Leon Cooperman Family
Cooperman was born into a Jewish family in the South Bronx, New York City. His parents were immigrants from Poland, and his father worked as a plumber, while his mother was a homemaker.
Notably, Cooperman achieved a significant milestone as the first member of his family to earn a college degree. This educational accomplishment marked a notable achievement in his personal and family history. Cooperman’s family, parents, and siblings are publicly not known. We will update this section once this information is available.
| Father | Not Known |
| Mother | Not Known |
| Brothers and Sister | Not Available |
| Wife / Partner | Toby Cooperman (m. 1964) |
Leon Cooperman Education
Cooperman’s educational journey began at Hunter College, where he became the first in his family to earn a college degree. During his undergraduate years, he actively participated in the Alpha Epsilon Pi. Upon completing his undergraduate studies, Cooperman took on the role of a quality control engineer at Xerox in 1965, gaining practical experience in the professional world.
Later, he pursued further education and earned his MBA from Columbia Business School in 1967. In addition to his academic achievements, Cooperman is a Chartered Financial Analyst (CFA), showcasing his expertise in the field of finance. This combination of education and professional credentials has played a significant role in shaping his successful career as an investor and hedge fund manager.
Leon Cooperman Wife
Cooperman is happily married to Toby Cooperman, a retired special education specialist with a lifelong dedication to assisting individuals with learning disabilities. The couple first crossed paths in a French class and decided to tie the knot the same year they completed their studies.
Together, Leon and Toby have two sons, Wayne Cooperman and Michael Cooperman, and are proud grandparents to three grandchildren. Since the late 1970s, Cooperman has been a resident of the Short Hills neighborhood in Millburn, New Jersey.
However, he predominantly spends the majority of his time in Boca Raton, Florida. Recognized for his notable contributions, Cooperman was awarded an honorary doctorate in finance from Roger Williams University in Rhode Island. In 2012, he earned a place on Bloomberg Markets magazine’s list of the 50 Most Influential individuals.
Forbes acknowledged Cooperman as one of the 40 Highest-Earning hedge fund managers in 2013, and he maintained a strong presence by being listed among the top 25 in the subsequent year. These accolades underscore his significant impact and success in the financial industry.
Leon Cooperman Children
Cooperman is a proud father of two sons named Wayne Cooperman, and Michael Cooperman.
Leon Cooperman Net Worth
Cooperman has an estimated net worth of $2.8 billion as of 2023. This includes his assets, money, and income, which he accumulates from her successful career as an American billionaire investor and hedge fund manager.
Leon Cooperman Book
Cooperman has a book named: From the Bronx to Wall Street: My Fifty Years in Finance and Philanthropy.
Leon Cooperman Contacts
- Youtube
- TikTok
- Website
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