Activist investor and founder of Pershing Square Capital Management, William Albert Ackman is an American billionaire who has a net worth estimated at $2.8 billion by Forbes in 2022. His wife, Karen Ann Herskovitz, is also an activist investor who works with her husband to invest in companies and organizations that improve philanthropy and education.
Karen Ann Herskovitz
During the early years of their marriage, Karen Ann Herskovitz was a landscape architect. She was also an artist. Eventually, her career blossomed and she became a famous figure in the art world. She is now one of the wealthiest female landscape architects in the United States.
Herskovitz has three children. She is married to hedge fund boss Bill Ackman and they have been together for 20 years. During the time, they had a civil but not warm relationship. They are separated now. Their divorce settlement could reach hundreds of millions of dollars. They hired lawyers to help them with the settlement.
During the last few years, Ackman has spent a lot of money on real estate. He has acquired two units in a luxury pre-war building in Manhattan and a home in Bridgehampton, New York. He has a portfolio of $165 million in real estate.
Neri Oxman
Known for his work in art and architecture, Israeli-born Neri Oxman is married to hedge fund manager Bill Ackman. They have three children together.
Originally from Haifa, Israel, Neri Oxman studied architecture at the Technion-Israel Institute of Technology, the Hebrew Reali School, and the Architectural Association School of Architecture in London. She also earned a PhD in material-aware design at MIT.
After finishing his degree, Oxman joined the Israeli Air Force and served as a first lieutenant. He later attended the Hebrew University’s Hadassah Medical School in Jerusalem. He graduated from the university’s graduate program and then enrolled in the doctoral program at MIT.
After his studies, Oxman decided to switch his focus to architecture. In 2009, he received the Vileck Prize in Design from the American Academy of Arts and Sciences.
Education
During the past three years, Bill Ackman has made a great deal of money from his investments. He has personally donated US$ 6.8 million to the Center for Jewish History. He also co-founded the Pershing Square Foundation, which is dedicated to promoting innovation in economic development and human rights. He is a signatory of the ‘Giving Pledge’ campaign.
In addition to being an entrepreneur, Bill Ackman is an activist investor. His company, Pershing Square Capital Management, has raised more than $18 billion in assets. He has also pledged to donate 50% of his wealth to charity. His philanthropic initiatives include the Pershing Square Foundation, which has committed more than $400 million in social investments.
Ackman’s father, Lawrence David Ackman, served as the chairman of the Ackman-Ziff Real Estate Group. Ackman attended Harvard Business School and graduated with an MBA. He wrote a thesis titled Scaling the Ivy Wall: Jewish and Asian American Experience in Harvard Admissions.
Career
Among the most influential hedge fund heads in the world, William Albert Ackman, better known as Bill Ackman, is a popular American investor. He is founder and executive officer of Pershing Square Capital Management, an investment firm. He has also founded a philanthropic foundation that gives grants to organizations that work for economic development, arts and healthcare.
Born on May 11, 1966 in Chappaqua, Westchester County, New York, Bill Ackman was raised in a Jewish family. He attended Harvard College for undergrad and Harvard Business School for MBA. He married Karen Ann Herskovitz in July 1994. They have three children. They have also had a child together in spring 2019.
The couple became engaged in 2018. They married in the Central Synagogue in Manhattan. In the spring of 2019, they welcomed their first child.
Philanthropy
Founded by Bill Ackman, the Pershing Square Foundation supports organizations that work on social issues such as education, healthcare, and arts. It also invests in mission-driven companies and individuals. In 2016, it awarded over $30 million in grants to various organizations. In addition, it has supported research in health and medicine, and economic development.
The Pershing Square Foundation was started by Bill Ackman and his wife Karen in 2006. It invests in organizations and individuals. Since its founding, the organization has committed more than $400 million in grants. The foundation has invested in organizations like the Harvard Foundations of Human Behavior Initiative, which studies the psychological and biological mechanisms that help us make decisions. It has also funded organizations such as the Challenged Athletes Foundation, which helps individuals who have physical challenges.
