Age, Biography and Wiki
Jeffrey Vinik was born on 22 March, 1959 in Deal, New Jersey, U.S., is an American businessman. Discover Jeffrey Vinik'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 64 years old?
| Popular As |
N/A |
| Occupation |
Businessman, philanthropist |
| Age |
64 years old |
| Zodiac Sign |
Aries |
| Born |
22 March, 1959 |
| Birthday |
22 March |
| Birthplace |
Deal, New Jersey, U.S. |
| Nationality |
United States
|
We recommend you to check the complete list of Famous People born on 22 March.
He is a member of famous Businessman with the age 64 years old group.
Jeffrey Vinik Height, Weight & Measurements
At 64 years old, Jeffrey Vinik height not available right now. We will update Jeffrey Vinik'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 |
Who Is Jeffrey Vinik's Wife?
His wife is Penny Vinik
| Family |
| Parents |
Not Available |
| Wife |
Penny Vinik |
| Sibling |
Not Available |
| Children |
Kyra Vinik, Jared Vinik, Joshua Vinik, Danny Vinik |
Jeffrey Vinik Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Jeffrey Vinik worth at the age of 64 years old? Jeffrey Vinik’s income source is mostly from being a successful Businessman. He is from United States. We have estimated Jeffrey Vinik'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 |
Businessman |
Jeffrey Vinik Social Network
Timeline
Jeffrey N. Vinik (born March 22, 1959) is an American investor and sports team owner.
He worked at Fidelity Investments and managed a private hedge fund, and is the current owner of the Tampa Bay Lightning and a minority owner of the Boston Red Sox.
He graduated Phi Beta Kappa from Duke University in 1981 with a bachelor of science in civil engineering.
He also obtained an MBA from Harvard Business School in 1985.
Vinik managed the Fidelity Magellan Fund from 1992 to 1996, where he averaged 17% annual returns.
After leaving Fidelity, he started hedge fund Vinik Asset Management, with partners including Michael Gordon (now President of Fenway Sports Group).
He made investors 93.8% in his first 11 months and approximately 50% a year for the next three years.
In 1998, Vinik and his wife, Penny, donated $1.25 million to endow a professorship at Duke's engineering school.
The next year, they donated $5 million towards facilities at the engineering school.
At the end of 2000, Vinik returned investors $4.2 billion and focused on managing his own portfolio.
He served on the board of directors for Liverpool Football Club of the Premier League from 2010–2013.
Vinik was born to a Jewish family in Deal, New Jersey.
Vinik, who purchased the franchise in 2010, was in Florida watching the Lightning complete their 18-7 run through the Stanley Cup Playoffs and "had to tell his players how happy he was."
He said on a video call, "Hey guys, awesome job. So many years in the making, with new guys and the guys who have been here for a while, unbelievable effort. Dominant through the playoffs. You deserve it".
In Tampa, Alexis Muellner writes winning hockey has "been the goal since" Vinik bought the team in 2010.
The Stanley Cup is "one of the hardest trophies to win in sports."
The achievement has been "as much a goal for the organization as has its widespread efforts to transform the community".
In January 2011, he purchased the Tampa Bay Storm.
In 2012, they donated $10 million to create a challenge fund to endow associate and full professorships dedicated to addressing complex societal challenges.
He donated $1.5 million to build a new Jewish Community Center in South Tampa.
Vinik and his partners closed down the fund in December 2013, and distributed $9 billion in assets.
Sports Business Journal profiled Vinik in 2015 following the Lightning's second appearance in the Stanley Cup Finals.
With his wife, he also donated to Vanderbilt University in 2016-2017.
The Storm folded in December 2017.
In 2020, The Lightning won the Stanley Cup Championship, defeating the Dallas Stars 4 games to 2.
Vinik could not be in the NHL's bubbles in Edmonton or Toronto, so he called into his players' locker room celebration, "congratulating them for their second Stanley Cup championship in team history" after their win over the Stars, according to Pat Pickens of NHL.com.
