|Celebrated Name:||Tom Steyer|
|Real Name/Full Name:||Thomas Fahr Steyer|
|Age:||66 years old|
|Birth Date:||27 June 1957|
|Birth Place:||New York, New York, United States|
|Wife/Spouse (Name):||Kat Taylor (m. 1986)|
|Children:||Yes (Samuel Taylor, Henry Hume, Charles Augustus)|
|Profession:||American billionaire, hedge fund manager, philanthropist, environmentalist, liberal activist, and fundraiser|
|Net Worth in 2023:||$2 billion|
|Last Updated:||September 2023|
Tom Steyer is an American billionaire. He was a Hedge Fund Manager managing funds of high net worth people, and he also diversified into related business ventures like investment banking. He is a great philanthropist and supports aggressively many environmental and social issues.
In 2010 Tom Steyer and his wife signed the Gates-Buffets, The Giving Pledge donating half of their fortunes to charity during their lifetime. He is known for his October 2017 Trump Impeachment campaign advocating impeachment of President Donald Trump.
Maybe you know about Tom Steyer very well But do you know how old and tall is he, and what is his net worth in 2023? If you do not know, We have prepared this article about details of Tom Steyer’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.
Tom Steyer was born on June 27, 1957, at New York City to Marnie, his mother, who was a teacher and his father, Roy Henry Steyer, who was a partner in a Law firm. He went to Buckley School, Phillips Exeter Academy. He graduated in Economics and Political Science from Yale University. He did his MBA from Stanford Business School.
Age, Height, and Weight
Being born on 27 June 1957, Tom Steyer is 66 years old as of today’s date 22nd September 2023. His height is 1.74 m tall, and his weight is 66 kg.
Tom Steyer started his professional career in 1979 by joining Morgan Stanley, where he worked as an analyst for two years. He after that did his MBA from Stanford and joined Goldman Sachs, where he specialized in risk arbitrage.
In the year 1986, he joined a private equity firm, Hellman and Friedman. This venture later became Farallon Capital Management, headquartered in San Francisco, California. This was Tom Steyer’s most successful business venture generating huge profits and making it eventually the fourth largest hedge fund in the world.
His company was known for taking high-risk positions on distressed assets and making profits in a volatile market. When he left the company in October 2012, it was worth 20 billion dollars. He decided thereafter to dispose of his carbon polluting investments to promote a clean environment. But he was criticized by many, alleging that he did not dispose of his investments fast enough.
His investments in coal mining companies helped them produce over 70 million tonnes of coal. He invested 90 million dollars in Correction Corporation of America stocks, a company managing private prisons in America. He was targeted by a Student activist group called UnFarallon for his company’s anti-environmental policies.
However, his post-Farallon years made him a big supporter of environmental policies, and he seriously supported many anti-climate change issues.
In the year 2006, he supported the OneRoof initiative in India to provide access to computer technology for rural students and residents in Indian villages. In 2007 he, with his wife Taylor, founded Beneficial State Bank to support individual non-profit organizations, disadvantaged communities, and others helping them with finances.
Awards and achievements:
Tom Steyer received many honors and awards for his environmental work and his support for charitable and educational initiatives.
In the year 2011, he was awarded the Phillip Burton Public Service Award of Consumer Watchdog.
In the year 2012, he was awarded the Environmental Leadership Award of California League of Conservation Voters.
In the year 2013, he was awarded the Environmental Achievement Award of Environmental law Institute.
In the year 2015, he was awarded The Land Conservation Award of Open Space Institute.
In the year 2015, he was awarded Equality California’s 2015 Humanitarian Award for his work supporting LGBT Community.
In the year 2016, he was awarded the Advocate Award of Environmental Advocates of New York.
His professional achievement was heading Farallon and making the company the fourth largest hedge fund company in the world.
Net Worth & Salary of Tom Steyer in 2023
As of September 2023, Tom Steyer’s Net Worth is estimated at $2 billion. His earnings mainly came from his profession as a Hedge Manager of Farallon Capital and his investment banking and related business forays. He did not believe in conspicuous consumption and spending. He lived a relatively simple life and used his wealth for further investments or charity.
Tom Steyer steadily rose in his life using his strong educational background of postgraduate in Business Administration to become the founder of a Hedge fund company, which rose phenomenally in its long tenure under his leadership and was worth $20 billion when he left it in 2012.
He used his wealth for philanthropy and environmental and social causes. He and his wife were first to sign The Giving Pledge in 2010, donating half of their wealth to charity.