done by an inexperienced activist investor, wrote Ken Squire, the founder of 13D Monitor, which tracks activists holdings, in his year-end review. Table of Contents show 1. In 2006, Einhorn participated in the World Series of Poker came in 18th place. Apparently, Einhorn's fund also has a vault of gold stashed somewhere in New York Cityhe's said it is used as a hedge against inflation. Einhorn's Greenlight Capital, which owns more than a million Apple shares, said yesterday that it's suing Apple over a proposal from the company that would make it more difficult to issue preferred stock that paid a dividend. Access your favorite topics in a personalized feed while you're on the go. Einhorn graduated in 1991 from Cornell University with a Bachelors of Art in government. Known exclusively as a value investor, Einhorn is a long-short equity manager who makes most of his money on the long side. Now! He is also the oldest of his two brothers. His hedge fund was fined for insider trading last year by the FSA. His wife Cheryl came up with the name Greenlight. He also graduated Summa cum laude from Cornell University with a Bachelor of Arts in government in 1991. Bubbles do pop, you know. (Einhorn has a locker in Queens to hold physical gold and has offered investors a gold-denominated share class.). It's official! The couple has three children. Einhorns fixation on compliance around that time struck a chord with Sam Antar, a convicted felon and former CFO of Crazy Eddie, whose prior life has turned him into a fraud investigator. They underestimated its power and expected hyperinflation, which didnt happen, he says. Perhaps you know a thing or two about David Einhorn, however, how well do you know about him? EXCLUSIVE: High-ranking Met Police officer on 100,000-a-year who was found to be a regular user of Police hunt for Brixton killer after woman in her 30s is stabbed to death in broad daylight near O2 Academy. Einhorn started Greenlight Capital in May 1996 with $900,000 in start up capital. A lot of it came from a misunderstanding of the Fed and what it was doing. He has one brother Daniel. From a peak of $11.8 billion in 2014, Greenlights assets had shrunk to $6.4 billion by the end of 2017. After working at DLJ for two years, Einhorn went to work for hedge fund Siegler, Collery & Co. That's where he learned how to perform investment research. David Einhorn is an entrepreneur who many have envied and closely watched at Wall Street due to is bold investment calls. According to Forbes Magazine, Einhorn has a net worth of US$700 million (as of March 2019), after several years of steep losses for his fund. This content is from: He is born to Stephen and Nancy Einhorn. Whether Einhorn is eventually right or not, the stocks initial movement isnt anything like what happened with his Allied Capital short, which he had also pitched after regular trading hours. Einhorn has handled the finances of some of the most notable companies including Apple, Microsoft, New York Mets, Allied Capital, Green Mountain Coffee Roasters etc. to encourage the new generation landing in the financial and investment arena. Einhorn was born in Dispeck, Bavaria, and received his rabbinical training at Furth, near his birthplace. I dont think there is any excuse for shorting Amazon, says Sahm Adrangi, founder and chief investment officer of Kerrisdale Capital Management, a well-known short seller. He said his two years at DLJ were miserable and compared it to fraternity hazing. in Government from the College of Arts and Sciences in 1991. In 1993, Einhorn married Cheryl Strauss, a financial reporter and media consultant; they divorced in 2017. David Einhorn has revealed a new bet against Tesla, despite losing big money shorting the stock in 2020 . There is a mythology around him, says one. Now, most of Greenlight's assets are denominated in gold. He is a major shareholder in this company. The 44-year-old hedge fund hot shot is the oldest of three boys. As a reason, he was fined by two us regulatory firms for business under dealing and business law-breaking. Anna Wintour arrives arm-in-arm with rumored beau Bill Nighy at 2023 Met Gala. Billionaire David Einhorn and his wife of 24 years are separating and are filing for divorce. Einhorn was included in Time magazines Time 100 list of 100 most influential people in the world in 2013. He is said to wear the hand-painted sweatshirt for good luck when player poker because they're good hands. He began his career on Wall Street in investment banking. Find David Einhorn age, wife, net worth, weight, height, career, family, pics biography & more. In the Spring of 2009, as promised in his book Fooling Some of the People All of the Time, Greenlight Capital donated all of the general partners profits from the shorting of Allied Capital stock (an additional $6 million Greenlight already donated $1 million in 2005 to Tomorrows Childrens Fund to make a total of $7 million) to three organizations (Tomorrows Childrens Fund, The Project On Government Oversight (POGO) and the Center for Public Integrity (CPI)). He is currently 50 years old and in a few weeks, he will turn 51. Cheryl is a media consultant and award-winning financial reporter. When do we want it? Our losses were broad throughout the portfolio, but generally shallow, he wrote in his first-quarter letter. With $82 million at risk, Mr. Barakett had to decide whether to bail, hang on or buy more. Sana Javed, David Einhorn's Greenlight Capital posted a flat quarter following its best three-month period ever . Check OutThe Fabulous Life Of Dan Loeb The Hedge Fund Manager At War Against Bill Ackman >. Let us take a close look at the personal life and family tree of David Einhorn. In 2012, Einhorn, together with Green capital, were fined $11.2 million for trading on the inside information by U.K Financial service authority (FSA). In 1987, Einhorn graduated from Nicolet High School in Glendale, Wisconsin. Son cadre theorique met en relation de l'EP et le DS a travers differents prismes d'analyse: des theories de gestion, des modeles d'innovation, des strategies de raisonnement en design, des demarches et interventions en ergonomie. . His first Sohn presentation had been a bet against Allied Capital, a midsize financial company with dicey loans and questionable accounting. Their 10,000-foot square home in Rye, New York is to be part of the divorce filings. The Met Gala begins! Greenlight Capital was fined $11.2 million in January 2012 by Britain's Financial Services Authority for trading on inside information over the company Punch Taverns. While in high school, he competed on the debate team. Billionaire David Einhorn and his wife of 24 years are separating and are filing for divorce. She's an award-winning financial reporter who is currently working as a media consultant, according to a bio onColumbia Business School's website. Fox Foundation for Parkinson's research, where he is a board member. At a conference, Einhorn explained that Lehman was taking too much risk and there were discrepancies in their numbers in SEC filings. Noted short-sellers like David Einhorn had pushed the value of Tremblant's stake down 44 percent. David is also rumored to have a vault of gold hidden somewhere in New York City used by his fund, Greenlight Capital, as a hedge against inflation. Thomas J. Catalano. David Einhorn recent news has always been only about his company, Greenlight Capital. Seeing double! In 2006, Einhorn participated in the World Series of Poker came in 18th place. Published on May 16, 2012 at 2:38 pm by Meena Krishnamsetty in Hedge Funds. Add in the insured interest payments, and the total comes to $8 billion, which is more than the insurers capital base. David Einhorn was born in New Jersey in the United States of America to Stephen and Nancy Einhorn, a Jewish Family. The couple has three children. He still uses those debate skills today in his hedge fund career. It wasnt clear we were out of the woods yet.. He donated his $650,000 winnings to the Michael J. But beyond that, David doesnt have any differentiated opinion.. It takes a certain amount of self-confidenceto think youre smarter than everyone else. His company shares from 2019 are in an upward trajectory after a poor performance in 2018. Yet, as many in David Geffen Hall were acutely aware, channeling his past cannot change the hedge fund managers flagging fortunes. He is also on the board of the Robin Hood Foundation. That star turn made him a short-selling legend, even earning him a laudatory profile in New York magazine. Griffin - the founder of Chicago-based hedge fund Citadel who is worth $6.9 billion and, according to court filings, earns $100 million a month settled just before what would have been a bruising court battle. They settled the case. He is said to wear the hand-painted sweatshirt for good luck when player poker because they're "good hands.". Times Internet Limited. He still uses those debate skills today in his hedge fund career. As long ago as 2012, Ritholtz Wealth Managements Carlson says he noticed an Einhorn tell when the manager penned an article for the Huffington Post called The Feds Jelly Donut Policy. In it, Einhorn took issue with the Feds easy-money policy, comparing it to sugar addiction. David serves on the Michael J Fox Foundation, City Year, and on the Robin Hood Foundation'sboard of directors. His brothers name is Daniel, and he worked in his fathers business. But he was vindicated in 2007, when the SEC investigated Allied and found it guilty of securities fraud. The stock fell as much as 6 percent in after-hours trading, and Einhorn strolled into the Sohn cocktail party triumphant, chatting amiably with investors who gravitated to his side. It also turned his name into a verb used to describe the devastation to the stock price of any company he dared criticize. Now 49 years old, he is still a boyish-looking nerd although his hair is now fashionably spiky, his suit is better cut, and his white shirt boasts a spread collar, not a button-down. The Einhorns are the latest in a series of prominent hedge fund couples to separate. Ihsanullah, The deal, however, fell apart in the end because the Mets owners were worried about Einhorn's intentions to eventually obtain a majority ownership in the team. He grew up rooting for the Milwaukee Brewers professional baseball team. Hes also known as one of the youngest billionaires of all time. EINHORN, DAVID (1809-1879), Reform rabbi and theologian. Check OutThe Fabulous Life Of Dan Loeb The Hedge Fund Manager At War Against Bill Ackman >. But its his bets against stocks that made him famous and draw many like-minded investors to him. Lehman filed for bankruptcy in September 2008. She is a media consultant and award-winning financial reporter who has taught courses at bothColumbia University Graduate School of Journalism and Columbia Business School. Last year, he officially became a billionaire. He wants Apple to issue preferred stock as a way of unlocking value for shareholders. Apumone 2023 All Rights Reserved -DMCA protected, David Einhorn Net Worth 2022 and Life Story. His father and grandfather ran a paint company in New Jersey. She's also an adjunct professor at Columbia University's Graduate School of Journalism and an adjunct at the Columbia Business School. Theres nothing more to say about the family, but they probably lived in good conditions during the early life of David. But by then Einhorn had taken down bigger prey. Submit a correction suggestion and help us fix it! They married in 1993, well before he made his fortune, an estimated $1.55 billion. Einhorns favorite hobby is poker. He currently serves as the chairman of Greenlight capital RE where he is a major shareholder. Majority of British public think Charles should not apologise for slavery, new poll shows, Even most republicans see no benefit in abolishing the monarchy, new poll reveals. In 1996, he started Green Light capital with an initial capital of $ 900,000. Copyright 2023. Babar Azam, Iqra Aziz, Hedge fund billionaire David Einhorn is separating from his wife of 24 years, Cheryl Strauss Einhorn, and the pair is heading for divorce, sources have confirmed to Page Six. Einhorn was listed by Forbes as one of Americas richest businessmen. Part of the Daily Mail, The Mail on Sunday & Metro Media Group, Saboteurs wreck Russian train cut power cables 37mi from Ukraine, Moment large saltwater crocodile snatches pet dog off beach in QLD, 'We're not your enemies!' He became prominent for his short call on Allied Capital back in 2002. Einhorn, who was born in New Jersey and raised in Wisconsin, started Greenlight in 1996, when he was only 27. David feels no more actual emotional attachments to ole Nat anymore than Henry . David Einhorn father name is (will update soon) and mother name (will update soon). Hedge fund god David Einhorn, the founder of Greenlight Capital, and his wife Cheryl were spotted together yesterday at the 17th annual Ira Sohn Investment Conference at Lincoln Center in New York . Ayeza Khan, In 2018 Einhorn bought Twitter, Times warner, and Ensco. One change that close observers believe hurt him is what they see as a desire to avoid conflict which may seem out of character for the man who engaged in an epic brawl with Allied Capital and alleged that Green Mountain was cooking its books and engaged in channel stuffing. David was obsessed with compliance before going forward, he recalls. Greenlight also has a fund of funds called Greenlight Masters that invests in hedge funds like Third Point and Mangrove Partners; it accounted for about $1 billion. In 2011, Einhorn announced a short position on Green Mountain Coffee Roasters, which caused a big sell-off in the stock. But he was vindicated in 2007, when the SEC investigated Allied and found it guilty of securities fraud. David Einhorn has prepared Greenlight Capital for a recession, explaining in his fourth-quarter letter that central banks' never-ending easy-money policies . He has three children with Cheryl. Neither David nor Cheryl could be reached for comment. , David Einhorn is a noted Hedge Fund Manager in USA. In 2006, he finished 18th in the World Series of Poker and donated his winnings of over $650,000. After the incident, Einhorn has published a book, Fooling Some of the People All of the Time regarding this six-year fight. David Einhorn is an American investor and founder of Greenlight Capital and hedge fund manager. . Perhaps more surprising, Einhorn has managed to underperform struggling peers like Bill Ackman, whose Pershing Square Capital Management has endured more than three years of losses and even bigger redemptions. That said, Einhorn is not changing anything in his value-investing paradigm. A few weeks later, on November 9th, 2011, the stock price plunged to $43.71. But for every person who hints that Einhorn might have something of an ego problem a common affliction of the billionaire hedge fund manager there are many others who insist he is really the everyman of the hedge fund world. The book chronicles Einhorn's five-year . Fox Foundation for Parkinson's Research, City year and as the Robin Hood Foundation's board of directors. Spiegels Tesla short, so far, has cost him as it has Einhorn, but he believes the stock will eventually be at zero. He also founded the Portfolio with Purpose Virtual Stock Trading Contest to encourage the new generation landing in the financial and investment arena. His shorts on a string of companies Green Mountain Coffee Roasters, Chipotle Mexican Grill, Athenahealth, Martin Marietta Materials, Pioneer Natural Resources Co., Caterpillar, Core Laboratories, Netflix, Amazon.com, and Tesla are all either trading higher than when he announced he was short or were bought out at a premium, even though some had a temporary downward spike when he unveiled his bet. [1] Born in New Jersey, [2] Einhorn graduated from Cornell University, [3] before starting Greenlight Capital in 1996. During the Ira Sohn conference in 2002, Einhorn presented gave a short thesis on Allied Capital, a mid-market private equity firm. The story was similar to that of Allied Capital, he argued: It has fooled its sleepy auditors and regulators, and it lures investors by aggressively returning capital that it doesnt earn.. While in high school, he competed on the debate team. The case generated scant attention in the U.S., with Einhorn dismissing the charge, saying, This resembles insider dealing as much as soccer resembles football. Still, he didnt contest the finding, which left a black mark on Greenlights record, forced some investors to redeem, and prohibits others from even considering Greenlight. resigns from Google and says he regets 'If that happens I'm done, I'm stopping!' Then his family moved from Jersey to a suburb of Milwaukee, Wisconsin. Who is David Grutman's wife? They started the fund with only $900,000 in assets under management. David started is an investment career in the year 1996 when he founded Greenlight capital. David M. Einhorn (born November 20, 1968) is an American investor and hedge fund manager. rank in the 2013, Times list of 100 Most Influential People in the World. David M. Einhorn was born on November 20, 1968, in New Jersey in the United States. David Einhorn's Greenlight Capital returned 4% net for the third quarter, bringing its year-to-date return to an impressive 17.7% at a time when most hedge funds are in the redand some . His father is the founder and president of Einhorn & Associates, a consulting firm, and Capital Midwest Fund, a venture capital fund. The Einhorns are the latest in a series of prominent hedge fund couples to separate. He is reported to drive a Honda Odyssey. They married in 1993, well before he made his fortune, an estimated $1.55 billion. Since then, however, Einhorn has been bombing at Sohn and elsewhere. David Einhorn enjoyed a strong fourth quarter as his hedge fund Greenlight Capital outperformed the S&P 500's 11% gain by returning 18.6%, according to the billionaire investor's latest 13F filing. Turgut Alp, About us| Reuters. David is also rumored to have a vault of gold hidden somewhere in New York City used by his fund, Greenlight Capital, as a hedge against inflation. David Einhorn net worth is (will update soon). The Pershing Square founder, worth an estimated $1.6 billion, and his landscape architect wife emailed friends to announce their separation. She will be a guest star. In 1993, Einhorn married Cheryl Beth Stauss, who also graduated magna cum laude from Cornell University. It returned nearly 14% in 2019 after dipping 0.3% in December. David Einhorn has a net worth of $1.76 billion which he gained from Greenlight Capitals and his role in other financial institutions. In 2002, the couple created the Einhorn Family Charitable Trust. While he is in the midst of a divorce, he still lives in Westchester County to be close to his young son and his estranged wife in Rye, New York. Kubra Khan, The FSA pointed to the fact that Greenlight sold stock in Punch Taverns three days before the pub operator announced it was planning on raising more funds from investors. Bilyonaryo. His father is the founder and president of Einhorn & Associates, a consulting firm. In a letter and press release to shareholders, Einhorn urged them to vote against the proposal. How about his height and weight, moreover his net worth? That stock couldnt even open for trading the next day, and when it finally did it fell 20 percent. David M. Einhorn is a noted American billionaire investor, hedge fund manager, and philanthropist. He is also well known for his role as a Director in the. The day after the speech the companys stock went down by 20 percent. They married in 1993, well before he made his fortune Billionaire David Einhorn and his wife of 24 years have separated and are preparing to divorce. The pioneering heart operation that only takes an hour and doesn't leave a scar is performed on first Briton, Martin Lewis reveals how to get a cheaper supermarket shop and FREE food. A high profile public figure and a financial whiz kid, David Einhorn is a highly respected figure in the US business world. He was also elected to Phi Beta Kappa in college. A Cook County judges spokesman said: 'Yesterday we were informed that the parties came to an agreement. He was also a brother in Sigma Alpha Epsilon fraternity. Sources have toldPage Sixthat the couple's 10,000-square-foot home in Rye, New York is at stake in the upcoming divorce. What may come as a greater surprise, however, is that former insiders say Einhorn has also pulled back from the type of controversial, colorful statements that made him famous, while sticking stubbornly to bad ideas. When he's not shorting companies, Einhorn is a big-time poker player and philanthropist. Hedge fund manager David Einhorn has made a big splash this month, with his calls on Herbalife and Green Mountain Coffee. They later divorced in 2017. In 2012, Einhorn co-hosted a fundraiser for the Keeping America Competitive PAC, led by moderate Republican Leonard M. Tannenbaum. However, the book is by no means dull. During the Ira Sohn conference in 2002, Einhorn presented gave a short thesis on Allied Capital, a mid-market private equity firm. Einhorns admirers point to the decline of value investing and the rise of quants, ETFs, index funds, and momentum stocks as the main reasons he hasnt done well. Imran Riaz Khan, During his junior year, he interned at the SEC's Office of Economic Analysis and wrote his thesis on cyclical regulation in the U.S. airline industry. In 2012, Einhorn donated his winnings from the 2012 World Series of Poker Big One for One Drop Tournament (which had a one million dollar buy in, and in which he won $4,352,000 for his 3rd-place finish) to City Year. When the energy crisis hit in the 1970s, his father decided to sell Adelphi Paints. Einhorn attended Nicolet High School in Glendale, Wisconsin, and graduated. Here are 20 things that you probably didn't know about David Einhorn to help you become better acquainted with him. Einhorn heads hedge fund Greenlight Capital, which . Later the company was sold. He completed his education and schooling from the Nicolet High School, and he graduated with a bachelors of arts in Government from the Cornell University. That's when his dad first became interested in M&A. I dont understand this years results, but I think hes a sound thinker, and I think its going to turn around., Einhorns supporters acknowledge that he has not been a good investor during the last decades bull market. "Apparently now I'm a verb," Einhorn jokingly told the audience at the Value Investing Congress last fall showing an article with the word "Einhorned" in the headline. Well, if youre ready, lets start. He is a major shareholder in this company. . The couple has three children. Fed bashing is still popular among many hedge fund types, who argue it has been fueling a stock market bubble. Together the couple created the Einhorn Family Charitable Trust in 2002 with the goal of 'building a more peaceful and harmonious society,' according to its website. He was also a frat boy. The New Yorker is the the founder and president of Greenlight Capital. He reasoned that the firm was valuing its debt in a questionable manner, which inflated the stock. He wants Apple to issue preferred stock as a way of unlocking value for shareholders. David Einhorn has three children with his former wife Cheryl. Some even believe that his success and theirs are entwined. The hand prints are those of his wife and three children. We are no longer accepting comments on this article. Pictured above in 2015, Back in 2015, Citadel billionaire Ken Griffin settled at the eleventh hour what was being billed as the hedge fund divorce trial of the century, with wife Anne Dias-Griffin (pictured together). Hes a terrific guy, and Im sure hell come back, says Mark Spiegel, managing member of hedge fund Stanphyl Capital Management, who got to know Einhorn when the famous manager asked Spiegel to make a Tesla short presentation at the Robin Hood conference in 2016 (instead of making one of his own). David Einhorn is a Famous American Rapper, who was born on Wednesday, Nov 20, 1968 in New Jersey, United States. He founded Greenlight Capital a while ago and it has been growing in a continuous manner. Talk about a high-roller. As a result, these people say, he is counting on his stellar reputation to carry the day. New suit, same tie, Einhorn quipped as a photo of himself in 2002 flashed on the slide behind him, showing the gaudy, multicolored piece of silk that had been the least geeky thing about the tousle-headed investor when he had worn it at his first Sohn and wowed the investment world. Since he wasn't able to get a job on the Street, he started an M&A shop in their home in Demarest, New Jersey. He is also on the board of the Robin Hood Foundation. He got a lot of coverage in the financial press when he short sold the stock of Green Mountain Coffee Roasters, Allied Capital and Lehman Brothers. This time around, investors, short sellers, and fellow hedge fund managers could only shake their heads and wonder: What has happened to David Einhorn? About David Einhorn. David Einhorn is one of the worlds youngest billionaires and highest-earning hedge fund managers of all time. However, while. David Michael Einhorn, 44, was born on November 20, 1968. Lehman announced a loss of almost $ 3 billion after Einhorn short the companys stock. He had already been stocking up on gold which other value investors like Warren Buffett eschew because its an asset that doesnt produce anything. His success at avoiding much criticism, they suggest, is just as much about what one called his menschy personality as anything else. The Real Housewives of Atlanta The Bachelor Sister Wives 90 Day Fiance Wife Swap The Amazing Race Australia Married at First Sight The Real Housewives of Dallas My 600-lb Life Last Week Tonight with John Oliver. He ended up accepting an analyst position with boutique investment bank Donaldson, Lufkin & Jenrette, which was acquired by Credit Suisse in 2000. She's also an adjunct professor at Columbia University's Graduate School of Journalism and an adjunct at the Columbia Business School. He is also on the board of the Robin Hood Foundation and a contributor to numerous charities in the New York area. Imran Khan, Comment Casey Kelbaugh for The New York TimesDavid Einhorn, the hedge fund manager, and his wife, Cheryl Strauss Einhorn, at the Time 100 gala. Rakhi Sawant, Even before this years debacle, in 2017 investors had already yanked more than a third of Greenlights redeemable capital, a stunning loss of investor confidence that has never before been publicized. His claim to fame is the fact that he has managed to gain returns of 16.5% to his investors. (His two daughters are away at college. In 1993, Einhorn married Cheryl Beth Stauss, who also graduated magna cum laude from Cornell University. When Einhorn was 7 years old, his family moved from New Jersey to a suburb of Milwaukee, Wisconsin. David Einhorn is a closely watched hedge fund manager. David Einhorn is one of Wall Street's most closely watched investors due to his bold investment calls, both long and short. David Einhorn net worth: David M. Einhorn is an American investor and hedge fund manager who has a net worth of $1.2 billion. Save my name, email, and website in this browser for the next time I comment. Einhorn simply doesnt inspire the type of animosity aimed at some of his peers, like, for example, Ackman. He is the founder and president of Greenlight Capital, a "long-short value-oriented hedge fund". Moreover, those who invested in 2014 agreed to a three-year lockup of their capital, and when investors finally had a chance to redeem last December, it appears many of them did just that. Fooling Some People All of the Time is the first book by David Einhorn, the 39-year-old founder of Greenlight Capital, a $6 billion long-short hedge fund. The American hedge fund manager, investor and philanthropist David Einhorn has an estimated net worth of more than $1.5 billion as of 2023. Many people have been searching and digging to find the speech he provided there. He has received extensive coverage in the financial press for his funds performance, his investing strategy and his positions. Areeba Habib, Our investment theses remain intact, he wrote. He ended up accepting an analyst position with boutique investment bank Donaldson, Lufkin & Jenrette, which was acquired by Credit Suisse in 2000. Greenlight has reason for caution: On January 12, 2012, the firm was hit with an $11 million penalty by the U.K.s Financial Services Authority for insider trading of Punch Taverns stock. Another $1.5 billion was partner capital. David is also rumored to have a vault of gold hidden somewhere in New . David Einhorn is an American investor and founder of Greenlight Capital and hedge fund manager. He is also the Chairman of a reinsurance company based in Cayman Islands known as the. Einhorn was an investor in Punch Taverns when he learned, on a June 9, 2009, conference call with its chief executive, Giles Thorley, that the British pub was planning an equity offering. David Einhorn education is (will update soon). David Einhorn, the founder of Greenlight Capital, is one of the most closely followed hedge fund managers. RICHARD LITTLEJOHN: What do we want? In 2011, Einhorn was in talks to buy a minority ownership stake in the New York Metsof whom he had been a life-long fanfor $200 million. He is the son of Nancy and Stephen Einhorn. The idea of raising interest rates in 2012 wasnt obvious. Einhorn launched Greenlight Capital with Jeff Keswin, his co-worker fromSiegler, Collery & Co, in 1996. David Einhorn Long Kyndryl Holdings: Greenlight Capital Q1 2023 Letter. He founded Greenlight Capital a while ago and it has been growing in a continuous manner. Yet the real surprise in the first quarter was that he lost so much money when the market seemed to be starting to go his way. She is also an Ivy League brain, who graduated magna cum laude from.