Wednesday, January 30, 2008

Tiger's Julian Robertson roars again

As I learned in a series of conversations with Robertson over the past six months, the man once known as "The Wizard of Wall Street" for the incredible success he had running his hedge fund firm Tiger Management has been on a magical run while most of the world wasn't watching. According to returns provided by Robertson exclusively to Fortune, he earned a stunning 76.7% return in 2007 managing a portfolio of his own money. That rivals his best years running his flagship Tiger fund in the 1980s and 1990s, when he was an undisputed Master of the Hedge Fund Universe and grew Tiger from $8 million at its launch to over $22 billion at its peak in 1998.

Since he shut down the Tiger fund on March 30, 2000, according to the records provided to Fortune, Robertson has generated a total return for his own pool of capital of 403.7%. Given that his personal fortune was estimated to be close to $1 billion after he closed Tiger, it's not hard to calculate that he's a much wealthier man today than he was just a few years ago.

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