Leon Cooperman, one of America's wealthiest investors, has caused a stir in the footballing world with his recent purchase of 1 million shares in Manchester United. The 80-year-old, known for his successful career managing hedge funds and trading stocks, is the founder of New York-based Omega Advisors. Cooperman secured the shares for $17 million (£13.5 million).

Leon Cooperman's Stake

Cooperman's stake in Manchester United comes just days before British billionaire businessman Sir Jim Ratcliffe is set to complete his 25% takeover of the club. While Ratcliffe is expected to pay £1.4 billion for his quarter control of the club, Cooperman's reported stake will be significantly less.

Who is Leon Cooperman?

Leon Cooperman is an American businessman and former hedge fund manager. Born on April 25, 1943, he is currently 80 years old. Cooperman worked at Goldman Sachs for 22 years in the Investment Research Department, holding various high-ranking positions. In 1989, he became chairman and CEO of Goldman Sachs Asset Management. Two years later, he retired from Goldman Sachs and founded his own private investment partnership, Omega Advisors, Inc.

Leon Cooperman's Net Worth

According to reports, Leon Cooperman has a net worth of $2.8 billion. He currently serves as the chairman and CEO of Omega Advisors, a New York-based investment advisory firm managing over $3.3 billion in assets. Cooperman is regarded as a "Wall Street legend" by Forbes magazine and was ranked number 24 on the highest-earning hedge fund managers list in 2018.

Leon Cooperman's Wife Toby

Leon Cooperman is married to Toby Cooperman, a retired special education specialist with a passion for helping those with learning disabilities. The couple met in French class and got married the same year they finished. Toby has dedicated more than 20 years of her career to working at the Early Childhood Learning Center, a school for special education students in Chatham, New Jersey.