⬅ # 2188 Rihanna|# 2190 Jens von Bahr ➡

# 2189 Carsten Maschmeyer 

$1.43B

Real Time Net Worth
as of 6/12/2024
$7.8M (0.55%)

# 2189 Carsten Maschmeyer 

$1.43B

Real Time Net Worth
as of 6/12/2024
$7.8M (0.55%)
OccupationCofounder, Ziff Brothers Investments
Source of WealthFinance Services
Age65
ResidenceMunich, Germany
Marital StatusMarried
Children2
Age-Adjusted Net Worth$1.02B
Carsten Maschmeyer
Carsten Maschmeyer
Germany
Net worth: $1.43B

Wealth History

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Biography

Overview

Daniel Morton Ziff was born in 1973 to Barbara Ingrid Beitz and William Bernard Ziff Jr.
He is the youngest son of William Bernard Ziff Jr., a Jewish American media magnate.
Ziff's grandfather, William Bernard Ziff Sr., co-founded the publishing company Ziff Davis in 1927.
He graduated from the Trinity School in New York City in 1989 and later earned a Bachelor of Arts from Columbia University in 1996.
Ziff, along with his brothers Dirk Edward Ziff and Robert D. Ziff, inherited the family fortune in 1994.
The Ziff family's wealth stems from the Ziff-Davis magazine empire, known for publications like PC Magazine and Car and Driver.

Career

After their father sold 95% of the family business for $1.4 billion in 1994, the Ziff brothers formed Ziff Brothers Investments.
They diversified their investments across equities, debt, real estate, commodities, private equity, and hedge funds.
Ziff Brothers Investments provided seed money for Daniel Och, acquiring a 10% stake in Och-Ziff Capital Management.
In 2014, Ziff Brothers Investments ceased operations, and the brothers began investing independently.
Ziff has been noted for his involvement in political funding and his role in the passage of the Magnitsky Act.

Personal Life

Ziff has been married multiple times, including marriages to Leslie and Brianne Garcia Ziff.
He currently resides with his wife Christina Ziff and has four children.
Leslie served on the boards of the American Ballet Theatre and Rosie's Theater Kids.

How long would it take you to become as rich as Carsten Maschmeyer?

If you started with $10,000 and invested an additional $500 each month at a 43.94% CAGR, it would take you 5 years to reach Carsten Maschmeyer's net worth of $1.43B.

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 43.45% compared to 12.43% for the S&P 500 benchmark.

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

Carsten Maschmeyer 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 Carsten Maschmeyer, Finance Services 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