According to Forbes Magazine, Ackman has a net worth of US$1.09 billion as of February 12, 2018.
How much money did Bill Ackman lose?
According to TheStreet, Icahn has made almost $1 billion profit from his investment. Meanwhile, Ackman has lost close to $1 billion on Herbalife.
How much did Ackman lose on Herbalife?
It involved a $200 million penalty and requirements that the company reform some of its business practices. Investors in Ackman’s $9 billion fund quietly applauded the decision to forget about Herbalife, saying it is part of the manager’s strategy to rebuild his performance record after three years of losses.
Did Bill Ackman lose money on Herbalife?
Bill Ackman’s Herbalife disaster is finally over. Hedge fund manager Bill Ackman has finally ended his disastrous $1 billion bet against Herbalife. In December 2012, Ackman famously made a short bet against Herbalife, an investment that makes money when the stock price falls.
How much is Herbalife net worth?
|Net income||US$ 214 million (2017)|
|Total assets||US$ 2.89 billion (2017)|
|Total equity||US$ 407 million (2017)|
|Number of employees||8,000 (2017)|
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