⬅ # 188 Jay Chaudhry|# 190 Giorgio Armani ➡

# 189 Arthur Dantchik 

$12.0B

Real Time Net Worth
as of 11/18/2024

# 189 Arthur Dantchik 

$12.0B

Real Time Net Worth
as of 11/18/2024
OccupationCofounder, Susquehanna International Group
Source of WealthTrading, Investments
Age66
ResidenceGladwyne, Pennsylvania
Marital StatusSingle
EducationBS, SUNY Binghamton
Age-Adjusted Net Worth$8.02B
Arthur Dantchik
Arthur Dantchik
United States
Net worth: $12.0B

Self-Made Score 

Omega Men's Seamaster150 Analog Display Swiss Automatic Blue Watch

Biography

Early Life and Education

Arthur Dantchik was born in 1957 or 1958.
Attended the State University of New York at Binghamton where he met future co-founders of Susquehanna International Group (SIG).
Roomed with Jeff Yass, his eventual billionaire co-founder and best friend, during college.
Graduated with a bachelor's degree in biology.
Pursued graduate studies in psychology at Arizona State University.
Moved to Las Vegas after college to pursue professional gambling.

Business Career

Co-founded Susquehanna International Group (SIG) in 1987 with five other friends from SUNY-Binghamton.
Currently serves as the managing director and executive committee member of SIG.
Oversees SIG's global private equity, venture capital investments, commodity trading business, and international activities.
Owns around 19% of Susquehanna as of 2022.
Helped establish SIG Asia Investments in 2004, focusing on China-based venture capital investments.
SIG Asia Investments was an early investor in ByteDance, parent company of TikTok, in 2012.
Sits on ByteDance's board of directors as SIG's representative.
SIG owned around 15% of ByteDance as of late 2020, making it the largest outside investor in the company.

Philanthropy

Founded the CLAWS Foundation to support philanthropic goals, particularly libertarian causes in the United States and Israel.
CLAWS Foundation does not accept unsolicited proposals and maintains a low profile.
Major donor to the Institute for Justice, Cato Institute, and Students for Liberty.
Supports local causes in Philadelphia, including the Philadelphia Museum of Art and the Children's Hospital of Philadelphia.
Active in supporting causes in Israel, donating to the Shalom Hartman Institute and the Kohelet Policy Forum.
Announced cessation of donations to think tanks in Israel in August 2023, citing the need for national unity.

Arthur Dantchik's Wealth is Equivalent to:

9,260,970 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

2,276,254 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

122,950 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Arthur Dantchik?

If you started with $10,000 and invested an additional $500 each month at a 43.43% CAGR, it would take you 5 years to reach Arthur Dantchik's net worth of $12.0B.

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 58.67% compared to 23.91% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Arthur Dantchik 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 Arthur Dantchik, Trading and Investments are the primary sources. 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.

Affiliate Disclosure: Some of the links on this page are affiliate links. This means that, at no additional cost to you, we may earn a commission if you click through and make a purchase. We only recommend products or services we believe will add value to our readers.

Edited by: Lee Bailey