Eric Sprott was bornon 1944 in Canada. Precious metals fanatic Eric Sprott has recently claimed to hold 90% of his assets outside of Sprott Inc. shares, in gold and silver. The Merrill Lynch research-analyst-turned-fund-manager sold his entire interest in his first independent venture, Sprott Securities, to the firm's employees in 2001. That same year he donated $10 million to his alma mater, Carleton University, which proceeded to rename its business school in Sprott's honor. He took his current operation, Sprott Asset Management, public on the eve of the 2008 financial crisis; shares fell more than 73% in the months that followed. After a comeback in 2011, shares are down just 27% from their debut.
Eric Sprott is a member of Finance
💰 Net worth: $1.1 Billion
Sprott started his career as a research analyst with Merrill Lynch, before becoming a fund manager. In 2001, he sold his first company, Sprott Securities, to the company's staff, and donated $10 million to Carleton University, who renamed their Business school, the Sprott School of Business.
Sprott advised Investors to buy gold before the 2008 financial crash.
He was the chairman of Sprott Inc, a Toronto-based asset management firm, from 2010 to May 2017.