Age, Biography and Wiki
Arthur Samberg (Arthur Jay Samberg) was born on 6 February, 1941 in The Bronx, New York City, U.S., is an American businessman and philanthropist (1941–2020). Discover Arthur Samberg's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 79 years old?
Popular As |
Arthur Jay Samberg |
Occupation |
Businessman |
Age |
79 years old |
Zodiac Sign |
Aquarius |
Born |
6 February, 1941 |
Birthday |
6 February |
Birthplace |
The Bronx, New York City, U.S. |
Date of death |
14 July, 2020 |
Died Place |
N/A |
Nationality |
United States
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We recommend you to check the complete list of Famous People born on 6 February.
He is a member of famous CEO with the age 79 years old group.
Arthur Samberg Height, Weight & Measurements
At 79 years old, Arthur Samberg height not available right now. We will update Arthur Samberg's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
Physical Status |
Height |
Not Available |
Weight |
Not Available |
Body Measurements |
Not Available |
Eye Color |
Not Available |
Hair Color |
Not Available |
Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
Family |
Parents |
Not Available |
Wife |
Not Available |
Sibling |
Not Available |
Children |
Not Available |
Arthur Samberg Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Arthur Samberg worth at the age of 79 years old? Arthur Samberg’s income source is mostly from being a successful CEO. He is from United States. We have estimated Arthur Samberg's net worth, money, salary, income, and assets.
Net Worth in 2024 |
$1 Million - $5 Million |
Salary in 2024 |
Under Review |
Net Worth in 2023 |
Pending |
Salary in 2023 |
Under Review |
House |
Not Available |
Cars |
Not Available |
Source of Income |
CEO |
Arthur Samberg Social Network
Instagram |
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Wikipedia |
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Imdb |
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Timeline
Arthur Jay Samberg (February 6, 1941 – July 14, 2020) was an American businessman and philanthropist.
He founded Pequot Capital Management and served as the chief executive officer, president and chairman of the company.
Arthur Jay Samberg was born on February 6, 1941, to Rena Samberg, a clerical assistant, and Philip Samberg, an electrician.
He grew up in the Bronx, four blocks from the Yankee Stadium.
When he was eight years old, his family, including his younger brother, moved to Tenafly, New Jersey.
Arthur grew to 6ft 4in and loved playing basketball.
He tried out for his high school basketball team every year and finally qualified in his senior year.
The 1957 launch of Sputnik 1 had made a large impression on him.
After graduating high school in 1958, he studied Aeronautics and Astronautics at the Massachusetts Institute of Technology (MIT).
He earned his undergraduate degree in 1962 and worked at Lockheed Missiles and Space Company for three years as a satellite control systems engineer in Palo Alto, California.
While at Lockheed, Samberg worked on the Polaris missile and, at the same time, he earned his M.S. from Stanford University but came to believe he would not make a good engineer.
He became interested in the stock market and enrolled in the business school at Columbia University, earning his M.B.A. in 1967.
Samberg began his career in the investment industry as an analyst at Kidder, Peabody & Co. in New York City.
In 1970, he was the first professional hire at the start-up investment management company Weiss, Peck & Greer.
He later assumed a partner role, and he additionally served on the management committee during his last five years with the firm.
During his 15-year tenure, Weiss, Peck & Greer grew to $8billion in assets under management.
In 1985, he became a founder and the president of Dawson–Samberg Capital Management, Inc., in Southport, Connecticut, where the following year they established the first Pequot hedge fund.
In its first year, the fund lost 20 percent before becoming successful in subsequent years.
Samberg's flagship Pequot fund, started in 1986, netted 17.8percent over the life of the fund.
After the fund closed, he managed his family office through Hawkes Financial.
He was also a significant contributor to several hospitals and universities, including New York-Presbyterian Hospital and his alma maters Columbia Business School and the Massachusetts Institute of Technology.
In 1999, Samberg spun out his funds into the newly formed Pequot Capital Management, where Daniel C. Benton joined him as co-founder.
By 2001, Pequot was the largest hedge fund globally with $15billion in assets under management.
That year, he and Benton decided to split their hedge fund, each taking $7.5billion in assets.
Samberg's firm kept Pequot as its name while Benton formed Andor Capital Management.
An area of focus of the investigations was Samberg's hiring of David Zilkha, who previously had been employed by Microsoft Corporation, and subsequent trading in Microsoft securities in 2001.
Since joining in 2003, Samberg was a life member of the MIT Corporation and a member of its executive committee.
He also served as chairman of the MIT Investment Management Company, sat on the board of the MIT Energy Initiative, and was on the dean's advisory council of the MIT School of Science.
In 2004, the SEC began an investigation of Pequot's trading in the securities, including trades by funds for which Samberg was the portfolio manager.
The SEC also involved the U.S. Attorney's Office for the Southern District of New York.
In late 2006, the investigation was closed without filing any charges or taking other action, but was reopened in late December 2008.
As of 2008, Pequot managed approximately $5billion in assets.
In 2009, Samberg decided to shut down Pequot Capital.
He continued to manage his family's holdings through Hawkes Financial.
His family firm was a lead investor in TAE Technologies, a company working towards a new source of clean energy, and Samberg served as chairman of the company.
Samberg and his wife, Rebecca, co-founded the Samberg Family Foundation to "support various health, education, and Jewish causes in the New York area and nationally".
The Sambergs were a founding contributor of Birthright Israel.
Their foundation has also made significant contributions to several organizations including Avodah, College Summit, Harlem Children's Zone, Health Leads, and Peer Health Exchange.
He was a board member of the Children's Hospital of New York, College Summit, and the New York Genome Center.
In May 2010, Pequot and Samberg resolved this matter by agreeing to a settlement whereby, without admitting or denying the allegations, Pequot and Samberg consented to be permanently enjoined from violating the anti-fraud provisions of the federal securities law and to pay disgorgement, prejudgment interest, and civil money penalties.