Bill Browder is a well-known American-born British financier and political activist. He is the co-founder and CEO of the investment fund and asset management company, Hermitage Capital Management. He is also an investment advisor to the largest foreign portfolio investor in Russia, Hermitage Fund.
Maybe you know about Bill Browder very well, but do you know how old and tall is he and what is his net worth in 2020? If you do not know, we have prepared this article about details of Bill Browder’s short biography-wiki, career, professional life, personal life, today’s net worth, age, height, weight, and more facts. Well, if you’re ready, let’s start.
Early Life & Biography
Bill Felix Browder was born on April 23, 1964, in Princeton, New Jersey, the U.S. to renowned mathematician Felix Browder and the grandson of Earl Browder, who was a communist. He spent his childhood in Chicago, Illinois. He went to the University of Colorado before attending the University of Chicago.
He completed his MBA from the Stanford Graduate School of Business in 1989. Being an ace capitalist, he scaled newer heights and established his own niche. His fight for justice for his lawyer’s murder shows us how though Bill was into the world of finances where people usually breathe, sleep, and dream money.
It is his this personality that made him fight a battle, not for himself but for a person who was his legal fighter. In an interview, he expressed his happiness and contentment in fighting for justice rather than fighting for money.
Bill Browder is married to Elena Browder and has a son named Joshua Browder. Bill’s brother, Tom Browder, entered the University of Chicago at the age of 15 and became a leading particle physicist. Bill’s grandfather was a staunch communist. His grandmother wanted to keep her sons away from politics, and thus, his father and uncles were deeply inclined towards academics.
The New York Times reported in the year 2008, “over the next two years (according to Browder) several of his associates and lawyers, as well as their relatives, became victims of crimes, including severe beatings and robberies during which documents were taken.
Magnitsky’s death led to the passing of the Magnitsky Act, signed into law by President Barack Obama on December 14, 2012. This act directly targets individuals involved in the Magnitsky affair by prohibiting their entrance to the United States and the use of its banking system. The Russian government projected its displeasure by banning the adoption of Russian children by American citizens, and also preventing the entry of specific individuals from entering Russia.
On 27 August 2019, the European Court for Human Rights ruled that Magnitsky was detained in conditions that amounted to “inhuman and degrading treatment in breach of Article 3 of the Convention” (§ 193). Magnitsky’s family was thus awarded €34,000 as compensation.
Age, Height, and Weight
Being born on 23 April 1964, Bill Browder is 56 years old as of today’s date 8th October 2020. His height is 1.65 m tall, and his weight is 74 kg.
Bill started his career in the Eastern European practice of the Boston Consulting Group in London. He went on to work for Robert Maxwell’s MCC conglomerate, following which he managed the Russian proprietary investment desk at Salomon Brothers.
Bill attained his place as a British citizen only after completion of ten years after emigrating to the United Kingdom in 1989. In the process, he is also said to have relinquished his U.S. citizenship in 1998, underlining the need for it because of “a legacy of bad feeling about the rule of law” as a result of which his family was “viciously persecuted” by U.S. authorities in the 1950s.
Bill and Edmond Safra were the founders of Hermitage Capital Management in 1996 with the aim of investing an initial capital of $25 million in Russia after the fall of the Soviet Union. It was during that period that privatization was gaining ground at a tremendously. Beny Steinmetz was another of the original investors in Hermitage.
Even during the Russian financial crisis of 1998, Bill remained committed to Hermitage’s original motto of investing in Russia, even when there were significant outflows from the fund.
Later in the year 2005, after a term of ten years of business deals in Russia, the Russian government blacklisted Bill as a “threat to national security” and denied entry to the country.
The Economist presented that the Russian government blacklisted Bill as they felt that he interfered with the flow of money to “corrupt bureaucrats and their businessmen accomplices.”
Bill is the author of Red Notice: A True Story of High Finance, Murder, and One Man’s Fight for Justice, which gained momentum too soon and turned to be the New York Times and Sunday Times bestseller. In this book, he highlights matters related to finance, a man’s justice following a murder.
Awards & Achievements
In 2017, GQ magazine named Browder one of its Men of the Year for standing up to Vladimir Putin. He was also named the 67th most powerful person in the world by Worth magazine in 2018.
He received a prize for “an outstanding leader whose achievements reflect the high standards of honor, integrity, industry, and philanthropy.”
In 2018, Bill received the Aspen Institute Henry Crown Leadership Award and the Coalition for Integrity’s Integrity Award.
He was awarded the American Spirit Award for Citizen Activism, the Lantos Human Rights Prize, and Trinity College (Dublin) SMF award for outstanding contributions to finance.
Net Worth & Salary of Bill Browder in 2020
As of October 2020, Bill Browder has an estimated net worth of more than $120 million. He is the co-founder and CEO of Hermitage Capital Management. At the peak of the fund’s performance, it successfully garnered more than $4.5 billion in assets. In 1998 Bill gave up his U.S. citizenship as he avoided paying taxes on foreign investment.
Bill Browder is an example of the extent to which a person can reach in fighting a battle for justice, not for oneself but for an association. Bill fought the justice battle single-handedly. He brought to light the murder of Sergei Magnitsky, his tax advisor.
It was due to his perseverance that led to the passing of the Magnitsky Act. In his book, Red Notice, he brings to light numerous truths that would have otherwise been hidden. He is a man who values relationships over money. It was a matter of great happiness that he could bring justice to his friend.