What is Robert Ziff's Net Worth?
Robert Ziff is an American billionaire who has a net worth of $6.2 billion. Robert Ziff was born in 1967 in New York City, New York. He is the middle son of publishing magnate William Bernard Ziff, Jr. Robert and his brothers Dirk and Daniel inherited the family fortune in 1994 after their father sold 95% of his business to Forstmann Little for $1.4 billion and retired.
William had 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. Ziff studied undergraduate electrical and computer engineering at Harvard University and graduated magna cum laude, after which he attended Cornell Law School, where he graduated first in his class and was editor of the Cornell Law Review.
After law school, Ziff clerked for Chief Judge Monroe G. McKay of the United States Court of Appeals for the Tenth Circuit in Salt Lake City, Utah and later served as vice president of strategic planning at Ziff Communications Company. On the philanthropic side of things, in 1998, Robert donated $2 million to the Harvard University men's hockey program and in 2008, he established the Robert D. Ziff Professorship of Law at Cornell Law School. In addition, Robert Ziff made headlines in 2011 for his financial contributions to Republican legislators supportive of gay marriage.