
Cliff Asness is a renowned investor and the founder of AQR Capital Management, a firm that manages over $200 billion in assets. He's also a professor at the University of Chicago Booth School of Business.
Asness' investing philosophy is centered around the idea that investors should focus on the underlying fundamentals of a company, rather than just its price. He advocates for a long-term approach to investing, which has served his clients well over the years.
AQR Capital Management has been in operation since 1998, and during that time, Asness has built a reputation as a skilled and innovative investor. His firm's unique approach to investing has allowed it to stand out in a crowded industry.
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Net Worth
Cliff Asness's net worth is estimated to be around $1.4 billion, according to Forbes. He made $37 million in 2002 and $50 million in 2003, making him a highly successful investor.
AQR Capital Management, the company co-founded by Asness, oversees an impressive $124 billion in assets. This is a testament to Asness's ability to make smart investment decisions.
Asness's net worth is also estimated to be around $1.6 billion, according to Forbes, which is a significant increase from the initial estimate.
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Miami Beach Penthouse
Miami Beach Penthouse is a stunning example of Cliff Asness's wealth. He owns a penthouse in Miami Beach that offers breathtaking views of the ocean.
The penthouse is a prime example of Asness's love for luxury real estate. It's a testament to his financial success, with a price tag to match.
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Financial Information
Cliff Asness's net worth is estimated to be around $500 million, which he has accumulated through his successful career as a hedge fund manager.
He is the founder and CIO of AQR Capital Management, a firm he started in 1998 with a $1.25 million investment.
AQR's assets under management have grown to over $200 billion, making it one of the largest hedge funds in the world.
Cliff Asness has also written several books on investing, including "The Four Flaws of Thinking" and "Unusual Situations".
He has been recognized for his contributions to the field of finance, including being named one of the 100 most influential people in the world by Time Magazine.
Asness has also been involved in several high-profile investment opportunities, including a stake in the popular video game company, Riot Games.
Cliff Asness is also known for his philanthropic efforts, particularly in the area of education and economic development.
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Investment Advice
Cliff Asness's investment philosophy emphasizes a long-term approach, which has contributed to his net worth of over $1 billion.
He focuses on value investing, seeking undervalued companies with strong fundamentals.
Asness's investment strategy is built around the idea of "value plus momentum", which involves identifying companies with both low valuations and strong price momentum.
This approach has allowed him to achieve returns of over 20% per year, on average, over the past few decades.
Asness's investment firm, AQR Capital Management, has grown significantly under his leadership, with over $200 billion in assets under management.
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Frequently Asked Questions
Who is the owner of AQR funds?
AQR Capital Management is owned by Cliff Asness and two of his co-founders, David Kabiller and John Liew, who are all billionaires.
Sources
- https://marketrealist.com/p/cliff-asness-net-worth/
- https://www.hartfordbusiness.com/article/wealthiest-people-in-ct-15-clifford-asness
- https://www.tipranks.com/news/nvidia-and-alphabet-billionaire-cliff-asness-bets-big-on-these-2-ai-stocks
- https://www.insidermonkey.com/blog/cliff-asness-education-papers-wife-net-worth-597568/
- https://www.celebritynetworth.com/articles/celebrity-homes/billionaire-cliff-asness-is-listing-his-miami-beach-penthouse-at-29-5-million/
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