⬅ # 385 Alexander Abramov|# 387 Richard White

# 386 Andreas Halvorsen 

$7.16B

Real Time Net Worth
as of 4/23/2024

# 386 Andreas Halvorsen 

$7.16B

Real Time Net Worth
as of 4/23/2024
OccupationFounding Partner and CEO, Viking Global Investors
Source of WealthHedge Funds
Age63
ResidenceDarien, Connecticut
Marital StatusMarried
Children3
EducationMBA, Stanford Graduate School of Business; BS, Williams College
Age-Adjusted Net Worth$5.84B
Andreas Halvorsen
Andreas Halvorsen
Norway
Net worth: $7.16B

Self-Made Score 

Wealth History

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Biography

Early Life and Education

Ole Andreas Halvorsen was born in Norway in 1961.
He graduated from the Norwegian Naval Academy and led a Norwegian SEAL team.
Halvorsen earned his economics degree from Williams College in 1986, where he was part of the ski team.
He obtained his MBA from Stanford University's Graduate School of Business in 1990, receiving the Alexander A. Robichek Student Achievement Award in Finance and being named an Arjay Miller Scholar.

Early Career

Halvorsen began his career in investment banking at Morgan Stanley before joining Tiger Management Corp, where he served as a senior managing director, analyst, and director of equities.
In 1999, Halvorsen, along with David Ott and Brian Olson, co-founded Viking Global Investors, after leaving Tiger Management.
He is a protégé of hedge fund manager Julian Robertson, under whom he previously worked.

Career and Business Ventures

Andreas Halvorsen runs hedge fund Viking Global Investors, which manages more than $37 billion in assets.
Viking Global Investors specializes in early-stage and late-stage ventures.
Halvorsen, Ott, and Olson, all former employees of Tiger Management Corporation, are part of the 'Tiger Cubs' group, managing their own hedge funds.
Viking Global Investors was established in October 1999 by Halvorsen, Olson, and Ott.
In June 2017, Viking announced the return of $8 billion to investors to 'reset to a smaller size.'
The firm has offices in Greenwich (headquarters), New York, Hong Kong, London, and San Francisco.

Personal Life

Halvorsen resides in Darien, Connecticut, with his wife Diane and their three children.

Philanthropy and Board Memberships

Halvorsen serves on the board of trustees of the Sterling and Francine Clark Art Institute and Williams College.
He was previously a trustee of Greenwich Academy, a board member of Right To Play USA, and sat on the advisory council of the Stanford Graduate School of Business.

How long would it take you to become as rich as Andreas Halvorsen?

If you started with $10,000 and invested an additional $500 each month at a 43.95% CAGR, it would take you 5 years to reach Andreas Halvorsen's net worth of $7.16B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 34.07% compared to 5.08% for the S&P 500 benchmark.

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Andreas Halvorsen is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Andreas Halvorsen, Hedge Funds is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey