Daniel M. Ziff

Daniel M. Ziff
Born 1973 (age 42–43)
Nationality American
Alma mater Columbia University
Occupation Investor
Known for Inheritance, investments
Net worth US$ 5 billion (February 2016)[1]
Spouse(s) Leslie Ziff
Children one
Parent(s) William Bernard Ziff, Jr.
Barbara Ingrid Beitz
Relatives Dirk Ziff
Robert Ziff

Daniel M. Ziff (born 1973) is an American billionaire, and the youngest son of publishing magnate William Bernard Ziff, Jr. He and his two brothers inherited the family fortune in 1994.

Early life and education

Ziff was born in 1973. His mother was Barbara Ingrid Beitz, an ethnic German whose parents were declared as "Righteous among the Nations" for providing refuge and risking their lives to save Jews during World War II.[2] His father was the Jewish American media magnate William Ziff Jr, who had built the Ziff-Davis magazine empire that included titles such as Popular Aviation, PC Magazine, and Car and Driver.[3]

In 1989, Ziff graduated from the Trinity School in New York City where his father served as trustee.[4] He later earned a Bachelor of Arts from Columbia University.[3]

Career

Ziff and his brothers Dirk and Robert inherited the family fortune in 1994 after their father sold 95% of the business to Forstmann Little for $1.4 billion and retired. The father had originally wanted to pass the company on to his sons but they were not interested. Instead, they formed New York City-based Ziff Brothers Investments, 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.[1]

Personal life

In 2009, Ziff married Leslie, who serves on the boards of the American Ballet Theatre and Rosie's Theater Kids.[5][6] The couple live in New York City.[1]

References

  1. 1 2 3 Forbes Magazine "Forbes 400 Richest Americans: Daniel Ziff" March 2014
  2. ↑ Yad Vashem: The Righteous Among the Nations: Berthold and Elsa Beitz retrieved April 1, 2012
  3. 1 2 New York Times: "For Ziffs, Sale Is a Family Affair" by Geraldine Fabrikant June 11, 1994
  4. ↑ New York Times: "Paid Notice: Deaths ZIFF, WILLIAM" September 13, 2006
  5. ↑ New York Times: "Moving Past ‘Fierce’" by ERIC WILSON February 8, 2012
  6. ↑ AmericaNBallet Theater: Board of Trustees retrieved June 2, 2012
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