Biography & Net Worth Of Bill Browder

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Biography & Net Worth Of Bill Browder

Bill Browder is a well-known British financier and political activist of American origin. He is the co-founder and CEO of Hermitage Capital Management, an investment fund and asset management firm.

Bill Browder: Early Life & Biography

Bill Felix Browder was born on April 23, 1964, in Princeton, New Jersey, U.S., to renowned mathematician Felix Browder and the grandson of Earl Browder, who was a communist. He spent his childhood in Chicago, Illinois. He went to the University of Colorado before attending the University of Chicago.

He completed his MBA from the Stanford Graduate School of Business in 1989. As an ace capitalist, he scaled newer heights and established his niche. His fight for justice for his lawyer’s murder shows us how Bill was into the world of finances where people usually breathe, sleep, and dream of money.

This personality made him fight a battle, not for himself but for a person who was his legal fighter. In an interview, he expressed his happiness and contentment in fighting for justice rather than fighting for money.

Bill Browder: Personal Life

Bill Browder is married to Elena Browder and has a son named Joshua Browder. Bill’s brother, Tom Browder, entered the University of Chicago at the age of 15 and became a leading particle physicist. Bill’s grandfather was a staunch communist. His grandmother wanted to keep her sons away from politics, and thus, his father and uncles were deeply inclined towards academics.

The New York Times reported in 2008 that “over the next two years (according to Browder), several of his associates and lawyers, as well as their relatives, became victims of crimes, including severe beatings and robberies during which documents were taken.

Magnitsky’s death led to the passing of the Magnitsky Act, signed into law by President Barack Obama on December 14, 2012. This act directly targets individuals involved in the Magnitsky affair by prohibiting their entrance to the United States and the use of its banking system. The Russian government projected its displeasure by banning the adoption of Russian children by American citizens and preventing specific individuals from entering Russia.Advertisement

On 27 August 2019, the European Court for Human Rights ruled that Magnitsky was detained in conditions that amounted to “inhuman and degrading treatment in breach of Article 3 of the Convention” (§ 193). Magnitsky’s family was thus awarded €34,000 as compensation.

Bill Browder: Age, Height, and Weight

Being born on 23 April 1964, Bill Browder is 58 years old as of 2022. His height is 1.65 m tall, and his weight is 74 kg.

Bill Browder: Career

Bill started his career in the Eastern European practice of the Boston Consulting Group in London. He worked for Robert Maxwell’s MCC conglomerate, after which he managed the Russian proprietary investment desk at Salomon Brothers.

Bill attained his place as a British citizen only after completion of ten years after emigrating to the United Kingdom in 1989. In the process, he is also said to have relinquished his U.S. citizenship in 1998, underlining the need for it because of “a legacy of bad feeling about the rule of law” as a result of which his family was “viciously persecuted” by U.S. authorities in the 1950s.

Bill and Edmond Safra were the founders of Hermitage Capital Management in 1996 to invest an initial capital of $25 million in Russia after the fall of the Soviet Union. It was during that period that privatization was gaining ground at tremendously. Beny Steinmetz was another of the original investors in Hermitage.

Even during the Russian financial crisis of 1998, Bill remained committed to Hermitage’s original motto of investing in Russia, even when there were significant outflows from the fund.

Later in the year 2005, after a term of ten years of business deals in Russia, the Russian government blacklisted Bill as a “threat to national security” and denied entry to the country.

The Economist presented that the Russian government blacklisted Bill as they felt that he interfered with the flow of money to “corrupt bureaucrats and their businessmen accomplices.”

Bill is the author of Red Notice: A True Story of High Finance, Murder, and One Man’s Fight for Justice, which gained momentum too soon and became the New York Times and Sunday Times bestseller. In this book, he highlights finance-related matters, a man’s justice following a murder.

Bill Browder: Awards & Achievements

In 2017, GQ magazine named Browder one of its Men of the Year for standing up to Vladimir Putin. He was also named the 67th most powerful person in the world by Worth magazine in 2018.

He received a prize for “an outstanding leader whose achievements reflect the high standards of honour, integrity, industry, and philanthropy.”

In 2018, Bill received the Aspen Institute Henry Crown Leadership Award and the Coalition for Integrity’s Integrity Award.

He was awarded the American Spirit Award for Citizen Activism, the Lantos Human Rights Prize, and Trinity College (Dublin) SMF award for outstanding contributions to finance.

Bill Browder: Net Worth

Bill Browder has an estimated net worth of more than $120 million.