Daniel Och

About Daniel Och

Who is it?: Chairman and CEO, Och-Ziff Capital Management Group
Birth Year: 1961
Birth Place: Scarsdale, New York, United States
Alma mater: University of Pennsylvania
Occupation: Investor, hedge fund manager, and philanthropist
Known for: Founding and leading Och-Ziff Capital Management
Spouse(s): Married
Children: 3
Parent(s): Golda and Michael Och

Daniel Och Net Worth

Daniel Och was bornon 1961 in Scarsdale, New York, United States, is Chairman and CEO, Och-Ziff Capital Management Group. Dan Och runs Och-Ziff Capital Management, a publicly traded hedge fund firm that oversees $32 billion. Och-Ziff saw billions of dollars of assets flow out of the firm in 2016 and 2017 as investors were spooked by a corruption scandal in Africa. Och-Ziff paid $412 million to resolve Foreign Corrupt Practices Act charges from U.S. prosecutors and regulators. A unit of the firm pleaded guilty in 2016 and Och was sanctioned by the Securities & Exchange Commission.
Daniel Och is a member of Investments

💰 Net worth: $3.2 Billion (Updated at 22 June 2018)

2009 $2.8 Billion
2010 $3.2 Billion
2011 $2.6 Billion
2012 $2.3 Billion
2013 $3.2 Billion
2014 $3.7 Billion
2015 $3.5 Billion
2016 $2.7 Billion
2017 $3.2 Billion
2018 $3.23 Billion

Biography/Timeline

2008

In 2008, Och donated $28,500 to Democratic Senatorial Campaign Committee.

2010

Och is the son of Golda and Dr. Michael Och. Och grew up in Maplewood, New Jersey and attended the Solomon Schechter Day School of Essex and Union (since renamed Golda Och Academy, in honor of his mother) in West Orange, New Jersey, a Jewish day school founded by his parents. In December 2010, Och donated $15 million to the school, effectively doubling its endowment. Och has a bachelor's degree in economics with a concentration in Finance from the Wharton School of the University of Pennsylvania.

2014

In February 2014 Forbes listed Daniel Och as one of the 25 Highest-Earning hedge fund managers in 2013. His 2013 total earnings of $400 million ranks him the 17th among the 25 top earning hedge fund managers.

2015

On May 8, 2015, Och was targeted by the "Hedge Clippers" Activist group, who protested outside of his residence at 15 Central Park West, New York CIty.

2016

In September 2016, the U.S. government fined Och $2.2 million and the Och-Ziff fund $413 million for paying over $100 million in bribes to various African government officials.

2017

According to Forbes Magazine he has a net worth of US$3.2 billion (as of February 2017), down from his 2016 net worth of $3.7 billion.