Grizzly Bulls LogoGrizzly BullsHow it WorksCalculator🚀 PremiumBlog
Log In

Grizzly Bulls’ Billionaires Index

⬅ # 640 Trevor Rees-Jones|# 642 Tony Tamer ➡

# 641 Sami Mnaymneh 

$4.93B

Real Time Net Worth
as of 7/25/2024

# 641 Sami Mnaymneh 

$4.93B

Real Time Net Worth
as of 7/25/2024
OccupationCoounder, Chair and Co-CEO of H.I.G. Capital
Source of WealthPrivate Equity
Age63
ResidenceMiami Beach, Florida
EducationBA/Economics, Columbia University; MBA, Harvard Business School; JD, Harvard University
Age-Adjusted Net Worth$4.02B
Sami Mnaymneh
Sami Mnaymneh
United States
Net worth: $4.93B

Self-Made Score 

Wealth History

Hover or tap to reveal net worth by year
Loading Chart

Biography

Overview

Sami Mnaymneh is the CEO of H.I.G. Capital, a global alternative investment firm with $60 billion under management, specializing in providing both debt and equity capital to middle market companies.
He co-founded H.I.G. in 1993 with Tony Tamer, known for their expertise in middle-market deals.
Before launching H.I.G., Mnaymneh held senior positions at Blackstone and Morgan Stanley, gaining extensive experience in mergers and acquisitions.

Education

Earned a B.A., Summa Cum Laude, from Columbia University, graduating first in his class.
Received a J.D. and an M.B.A., with honors, from Harvard Law School and Harvard Business School respectively.

Career

Began his career as a managing director at Blackstone.
Worked as a vice president of mergers and acquisitions at Morgan Stanley.
Founded H.I.G. Capital in 1993, directing the firm's development and approving all capital commitments.

Academic Engagement

Served on academic boards including the Board of Columbia College and the Dean’s Council of Harvard Law School.

H.I.G. Capital

History
Founded in 1993 by Sami Mnaymneh and Tony Tamer, both with senior experience at The Blackstone Group and Bain & Company.
Expanded to its first affiliate office in Europe in 2006, known as H.I.G. Europe.

Investment Focus
Equity funds invest in management buyouts, recapitalizations, and corporate carve-outs.
Debt funds invest in senior, unitranche, and junior debt financing across various sectors.
Manages a publicly traded business development corporation, WhiteHorse Finance.
Real estate funds focus on value-added properties, while Infrastructure funds invest in infrastructure sector.

Global Presence
Headquartered in Miami, with affiliate offices across major U.S. cities and international offices in Europe, South America, and the Middle East.

Performance
Managed more than 400 companies since inception, with a current portfolio of over 100 companies generating combined sales in excess of $53 billion.
Employs over 1000 total employees, including more than 500 investment professionals worldwide.

How long would it take you to become as rich as Sami Mnaymneh?

If you started with $10,000 and invested an additional $500 each month at a 44.11% CAGR, it would take you 5 years to reach Sami Mnaymneh's net worth of $4.93B.

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 52.22% compared to 16.62% for the S&P 500 benchmark.

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

Sami Mnaymneh 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 Sami Mnaymneh, Private Equity 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