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Instead, they formed the Ziff Brothers Investments family office in New York City, investing their inheritances broadly across equities, debt, real estate, commodities, private equity and hedge funds. They also provided seed money to fund manager Daniel Och in exchange for a 10% stake in Och-Ziff Capital Management, which went public in 2007.
Daniel Morton Ziff [1] (born 1973) is an American billionaire heir, and the youngest son of publishing magnate William Bernard Ziff, Jr. and grandson of William Bernard Ziff Sr. He and his two brothers inherited the family fortune in 1994. As of September 2021, his net worth is estimated at US$5 billion. [2]
To get a sense of just how big family offices have become, there are now over 8,000 of them managing more than $3 trillion in assets, up from 6,130 just five years ago—and that's only counting ...
Another driver of family office growth is the so-called Great Wealth Transfer, which could see $124 trillion passed from one generation to the next by 2048, according to a December 2024 report ...
Dirk Edward Ziff (born 1965) is an American billionaire businessman, the eldest son of publishing magnate William Bernard Ziff Jr. and grandson of William Bernard Ziff Sr. He and his two brothers inherited the family fortune in 1994.
Robert D. Ziff (born 1967) is an American billionaire, and the middle son of publishing magnate William Bernard Ziff Jr. and grandson of William Bernard Ziff Sr. He and his two brothers inherited the family fortune in 1994.
William Bernard "Bill" Ziff Jr. (June 24, 1930 – September 9, 2006) was an American publishing executive. His father, William Bernard Ziff Sr. , was the co-founder of Ziff Davis Inc. and when the elder Ziff died in 1953, Ziff took over the management of the company.
Another company that people are turning to in the wake of the wildfires is Covered Six. The company said it has deployed a special response team to help those affected by the Los Angeles wildfires.