Michael H. Steinhardt (born December 7, 1940) is an American hedge fund manager, financier, investor, newspaper publisher, and philanthropist active in Jewish causes. He was one of the first prominent hedge fund managers, and is a graduate of the Wharton School of the University of Pennsylvania. He founded Steinhardt, Fine, Berkowitz & Co., a hedge fund, in 1967. Author Sebastian Mallaby referred to Steinhardt as "a legend in the story of hedge funds, partly because of his success as a trader, but also because of his personality."
American investor, financier, philanthropist and hedge fund manager Michael Steinhardt
has an estimated net worth of $1.2 billion in 2012. He is known to be the founder of the hedge fund company, Steinhardt, Fine, Berkowitz & Co. He acquired most of his net worth from his diverse business investments as well as from serving as the Chairman of IDT Corporation
and Wisdom Tree.