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Hedge Fund Billionaire David Einhorn Heading for Divorce
[Photo: Forbes.com]
Hedge fund billionaire David Einhorn is separating from his wife of 24 years, Cheryl Strauss Einhorn, and the pair is heading for divorce. The Greenlight Capital founder, whose stock picks move markets, has separated from Cheryl, whom he married in 1993 before he made his fortune, now estimated at an impressive $1.55 billion.
This is the latest in a series of high-profile hedge fund divorces. In December, Financialish.com reported that billionaire investor Bill Ackman and wife Karen Ann Herskovitz had split after 25 years.
At stake in the upcoming divorce is their nearly 10,000-square-foot home in Rye, NY, and - possibly - his rumored vault of gold stashed at a secret location in New York City. He has reportedly said the gold is used by his fund as a hedge against inflation.
Cheryl, with whom David has 3 children, is an award-winning financial reporter and media consultant who has also taught at Columbia University Graduate School of Journalism and Columbia Business School. She is also credited with coming up with the name “Greenlight” when he launched his fund in 1996.
