Explore Michael Platt net worth, age, height, bio, birthday, wiki, and salary! In this article, we will discover how old is Michael Platt? Who is Michael Platt dating now & how much money does Michael Platt have?
| Name | Michael Platt |
| First Name | Michael |
| Last Name | Platt |
| Occupation | Financier |
| Birthday | December 12 |
| Birth Year | 1968 |
| Place of Birth | Preston |
| Home Town | England |
| Birth Country | United Kingdom |
| Birth Sign | Sagittarius |
| Full/Birth Name | |
| Father | Not Available |
| Mother | Not Available |
| Siblings | Not Available |
| Spouse | Not Known |
| Children(s) | Not Available |
Michael Platt Biography
Michael Platt is one of the most popular and richest Financier who was born on December 12, 1968 in Preston, England, United Kingdom.
Michael Edward Platt (born 12 December 1968) is a British billionaire hedge fund manager. He is the co-founder and managing director of BlueCrest Capital Management, Europe’s third-largest hedge-fund firm which he co-founded in 2000.
He joined JP Morgan in 1991. Platt assumed responsibility for developing JP Morgan’s swaps and options trading business in April 1992, and in April 1996, became the head of trading for all swaps products relating to the 11 founding nations of the European single currency. In 2000 Platt co-founded BlueCrest Capital Management LLP, with William Reeves.
Platt was born in Preston, Lancashire, England in 1968. His father taught civil engineering at the University of Manchester. His mother was a university administrator. His grandmother, whom he has described as “a serious equity trader,” introduced him to investment. She “helped him buy stock in trust savings banks that were selling shares to the public.” At 14, he invested £500 in a shipping line, Common Brothers, that soon tripled in price. Some of his first investments were in Britain’s newly privatised utilities.
Michael Platt Net Worth
Net Worth: As of 2020, the estimated net worth of Michael Platt amounts to a whopping 8 billion USD. This enormous wealth primarily comes from his successful career in the finance sector, where he co-founded and managed BlueCrest Capital Management, a third-largest hedge-fund firm in Europe. His net worth puts him at the top echelon of wealth in the finance industry, as he is currently regarded as Britain’s wealthiest hedge fund manager.
Career and Financial Growth: Platt’s career has significantly contributed to his financial milestones. His savvy investment strategies, which he started to implement at a young age, laid a strong foundation for his prosperous career in finance. He co-founded BlueCrest Capital Management in 2000, which quickly became one of Europe’s largest hedge-fund firms. Its focus on trading interest rates and using computer algorithms to capture trends in bonds and commodities has been largely successful, thereby increasing Platt’s net worth.
Source of net worth: Michael Platt’s net worth originates primarily from his contributions to and achievements in the finance sector. BlueCrest Capital Management, which he co-founded and managed, is a significant source of his wealth. Avoiding the brunt of the financial crisis in 2007 by selling bank shares and buying safe sovereign bonds helped increase his worth. No notable endorsements or sponsorships are affiliated with Platt.
Personal Projects and Ventures: Apart from his main profession, Platt also ventured into the world of contemporary art. He commissioned works from well-known artists and collected them, showing his interest in different investment fields and expressing his creativity outside the finance world.
Philanthropy: While information about Platt’s philanthropic efforts is not explicitly mentioned, influential figures like him in the finance sector typically engage in various charitable activities. They often donate to causes they feel passionate about and invest in initiatives that drive social, economic, and environmental change.
Recent Developments: Recently, Platt’s BlueCrest Capital Management has continued to perform strongly with excellent returns. However, with the current economic trends, particularly the effects of the Covid-19 pandemic, it is yet to be seen how these changes might impact his future net worth. His shrewd investment strategies will undoubtedly be put to the test in navigating the challenges brought by this period.
| Net Worth | 8 billion USD (2020) |
| Salary | Under Review |
| Source of Income | Financier |
| Cars | Not Available |
| House | Living in own house. |
In 2010, he moved from London to Geneva, Switzerland to avoid increased regulation and for “better staffing options”. In 2014, it was reported that he had relocated to Jersey, along with his hedge fund, which was moving from nearby Guernsey, for tax purposes.
In his first live television interview, given to Bloomberg on 15 December 2011, Platt said that there are “three things he won’t touch – exposure to banks, peripheral debt risk, and illiquid investments.”
Ethnicity, religion & political views
Many peoples want to know what is Michael Platt ethnicity, nationality, Ancestry & Race? Let's check it out! As per public resource, IMDb & Wikipedia, Michael Platt's ethnicity is Not Known. We will update Michael Platt's religion & political views in this article. Please check the article again after few days.
Discerning in August 2007 that “a stock market crash lay ahead,” Platt “sold his bank shares, and bought ‘safe’ sovereign bonds,” and thus “avoided the worst of the financial crisis, and profited from the resulting ‘flight to quality’ and plunge in interest rates.”
Who is Michael Platt Dating?
According to our records, Michael Platt is possibily single & has not been previously engaged. As of January 13, 2024, Michael Platt’s is not dating anyone.
Relationships Record: We have no records of past relationships for Michael Platt. You may help us to build the dating records for Michael Platt!In 2011, George Soros decided to stop managing money for outside clients and turn his hedge-fund firm into a family office. Soros spoke to Platt, asking him to take on more than $1 billion for a 0.5 percent management fee and a 10 percent performance fee. Platt reportedly declined the offer, saying plenty of investors were willing to pay BlueCrest 2-and-20, the industry standard fee structure.
Height, Weight & Body Measurements
Michael Platt height Not available right now. Michael weight Not Known & body measurements will update soon.
| Height | Unknown |
| Weight | Not Known |
| Body Measurements | Under Review |
| Eye Color | Not Available |
| Hair Color | Not Available |
| Feet/Shoe Size | Not Available |
He studied Civil Engineering at Imperial College London. After a year, he switched to Mathematics and Economics at the London School of Economics, from which he graduated in 1991.
In 2013, BlueCrest invested $50 million in Meredith Whitney’s hedge fund, Kenbelle Capital. In October of that year, BlueCrest made a redemption request, but while Kenbelle said it would comply, no repayment was forthcoming. The next year, BlueCrest sued in Bermuda to get its money back from the firm. In 2015, Whitney closed up shop and paid back all her investors, including BlueCrest.
Facts & Trivia
Michael Ranked on the list of most popular Financier. Also ranked in the elit list of famous people born in United Kingdom. Michael Platt celebrates birthday on December 12 of every year.
In 2013 it expanded into trading equity to compete with Millennium Management LLC and SAC Capital Advisors LLP.
When did Michael Platt become a billionaire?
| Website | http://www.bluecrestcapital.com/ |
Who owns BlueCrest Capital?
Michael Platt is the cofounder and CEO of BlueCrest Capital Management, which he started in late 2000 after nearly a decade at JP Morgan. Platt built BlueCrest into one of the world’s largest hedge fund firms; at its peak, it managed more than $35 billion in assets.
How much is Michael Platt worth?
15.2 billion USD (2022)
Who is the richest English person in the world?
| 1 | Sri and Gopi Hinduja and family | £28.472bn |
| 2 | Sir James Dyson and family | £23bn |
| 3 | David and Simon Reuben and family | £22.265bn |
| 4 | Sir Leonard Blavatnik | £20bn |
Is bluecrest a good hedge fund?
| Founder | Michael Platt William Reeves |
| Location | London, United Kingdom |
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