Key Takeaways
- • Daniel Loeb, founder and CEO of Third Point, a New York-based hedge fund launched in 1995, manages approximately $24 billion according to the primary source profile.
- • Loeb is known for launching activist campaigns against corporate boards across multiple industries and countries.
- • Loeb briefly enlisted a co-chief investment officer in 2019 but reassumed sole CIO responsibilities in 2020.
- • Third Point acquired credit investing firm Birch Grove in 2025 to expand its presence in collateralized loan obligations and private credit.
- • Forbes lists Loeb's source of wealth as hedge funds, with a self-made score of 7 and a philanthropy score of 2.
Summary
This Forbes profile of Daniel Loeb describes the founder of Third Point, a New York-based hedge fund launched in 1995 that manages $24 billion. Loeb also serves as Third Point's CEO and is known for launching activist campaigns against corporate boards across a range of industries and countries.
The profile notes that Loeb briefly enlisted a co-chief investment officer in 2019 but reassumed the role of sole CIO in 2020. It also reports that Third Point acquired credit investing firm Birch Grove in 2025 to expand its presence in collateralized loan obligations and private credit.
Forbes lists Loeb's source of wealth as hedge funds and classifies him as self-made, with a self-made score of 7 and a philanthropy score of 2 on the publication's scales. He is based in New York, is a U.S. citizen, is married, and holds a bachelor's degree from Columbia University.
On the philanthropy front, the Margaret and Daniel Loeb Foundation supports Alzheimer's research, education reform and LGBT rights. Loeb also helped launch an initiative designed to protect LGBT rights globally and serves on the board of Success Academy Charter Schools in New York.
Publisher context from Forbes' own pages places Loeb at #396 on its list of the world's richest people with a net worth of $4.4 billion, while earlier Forbes estimates cited figures of $3.2 billion and $3.5 billion for different dates.
The profile notes that Loeb briefly enlisted a co-chief investment officer in 2019 but reassumed the role of sole CIO in 2020. It also reports that Third Point acquired credit investing firm Birch Grove in 2025 to expand its presence in collateralized loan obligations and private credit.
Forbes lists Loeb's source of wealth as hedge funds and classifies him as self-made, with a self-made score of 7 and a philanthropy score of 2 on the publication's scales. He is based in New York, is a U.S. citizen, is married, and holds a bachelor's degree from Columbia University.
On the philanthropy front, the Margaret and Daniel Loeb Foundation supports Alzheimer's research, education reform and LGBT rights. Loeb also helped launch an initiative designed to protect LGBT rights globally and serves on the board of Success Academy Charter Schools in New York.
Publisher context from Forbes' own pages places Loeb at #396 on its list of the world's richest people with a net worth of $4.4 billion, while earlier Forbes estimates cited figures of $3.2 billion and $3.5 billion for different dates.
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