How This Democratic Senator’s Son Made $100 Million In Stocks And Why He Fled To Low Tax Florida - News Summed Up

How This Democratic Senator’s Son Made $100 Million In Stocks And Why He Fled To Low Tax Florida


MARY BETH KOETH FOR FORBESIn the last ten years, hedge fund investor Adam Wyden made his investors 11 times richer by uncovering hidden stock gems. Over the past decade, the younger Wyden, 37, has grown his bar mitzvah money and personal savings into a $350 million hedge fund in which his share is now worth $100 million. Market MoversAdam Wyden shifted his operations from New York to the sunny, tax-friendly beaches of Florida last July. The supercar maker was spun off in 2016 and now trades at a $50 billion market value, many times Fiat’s entire market cap when Wyden first invested. In 2002, Wyden was admitted to Penn’s Wharton School, and as a junior he interned at hedge fund D.E.


Source: Forbes May 25, 2021 10:30 UTC



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