⬅ # 491 Daniel Ziff|# 493 Tobi Lütke

# 492 Robert Ziff 

$6.22B

Real Time Net Worth
as of 4/12/2024
-$478 (-0.00%)

# 492 Robert Ziff 

$6.22B

Real Time Net Worth
as of 4/12/2024
-$478 (-0.00%)
OccupationCofounder, Ziff Brothers Investments
Source of WealthInvestments
Age57
ResidenceNew York, New York
Marital StatusMarried
Children2
EducationDoctor of Jurisprudence, Cornell University; BS, Harvard University
Age-Adjusted Net Worth$7.63B
Robert Ziff
Robert Ziff
United States
Net worth: $6.22B

Self-Made Score 

Wealth History

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Biography

Early and Personal Life

Robert D. Ziff was born in 1967 as the middle son of publishing magnate William Bernard Ziff Jr. and Barbara Ingrid Beitz, who was honored for her family's efforts in saving Jews during World War II.
He graduated magna cum laude in undergraduate electrical and computer engineering from Harvard University and later graduated first in his class from Cornell Law School in 1992, where he served as editor of the Cornell Law Review.
Robert clerked for Chief Judge Monroe G. McKay of the United States Court of Appeals for the Tenth Circuit and worked as vice president of strategic planning at Ziff Communications Company.
Robert is married to Michelle Angelic Locher, also a Cornell Law School graduate. They reside in Manhattan with their twin sons, Caleb and Jonathan Ziff.

Career

In 1994, Robert and his brothers inherited the family fortune after their father sold 95% of Ziff Davis to Forstmann Little for $1.4 billion and retired, leading them to form Ziff Brothers Investments in New York City.
The Ziff brothers diversified their investments across equities, debt, real estate, commodities, private equity, and hedge funds, significantly expanding their wealth.
Robert and his brothers dissolved Ziff Brothers Investments in 2014 and began investing independently.
They provided seed money to fund manager Daniel Och, receiving a 10% stake in Och-Ziff Capital Management, which went public in 2007.
Robert sits on the board of trustees at The Browning School and The IDEAL School of Manhattan.

Philanthropy and Political Contributions

Robert Ziff donated $2 million to the Harvard University men's hockey program in 1998.
He established the Robert D. Ziff Professorship of Law at Cornell Law School in 2008.
In 2011, he made financial contributions to Republican legislators supportive of gay marriage.
In 2017, he endowed the Robert B. Kent Public Interest Fund at Cornell Law School in honor of his law school professor.

How long would it take you to become as rich as Robert Ziff?

If you started with $10,000 and invested an additional $500 each month at a 44.18% CAGR, it would take you 5 years to reach Robert Ziff's net worth of $6.22B.

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 36.27% compared to 8.51% for the S&P 500 benchmark.

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Robert Ziff 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 Robert Ziff, Investments 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