Get to know the American money manager Steve Eisman. Do you know Steve's Net Worth?

News by Clarence Published on 26 Aug,2016 Updated on 26 Aug,2016

Steve Eisman is an American money manager. Michael Lewis wrote a book based on his life— The Big Short: Inside the Doomsday Machine. In the movie adaptation of Lewis' book, The Big Short, Eisman's name was changed to Mark Baum. This movie is based on the book written by Michael Lewis about the four people who predicted the mortgage crisis during 2007-2008. 

Now you know who Steve Eisman is. But you still don’t know about his property, Income, and net worth. It is still not specified how much his total net worth is. In 2014, when he shut down emery partners, he reportedly managed $185 million in assets after having started from $23 million.

Though his net worth is not identified yet, you can still recognize he is a millionaire because a normal person wouldn't bet against the wall street. The total assets he managed to the front point reached $1.5 billion, however , by 2011, that figure decreased to $750 million.

By 2010, Eisman switched his business pattern, shifting his betting from bank to for-profit schools. He also spoke about the system as he said, "According to the New York post. On for-profit schools, he made a short bet calling it “subprime goes to school”.

After 2014, he started working as a managing director at the Eisman group, his family hedge fund.  

Short Background on Eisman

Steve Eisman was born on July 8, 1962. He grew up in Newyork and did his schooling from Yeshiva school. He, then, attended the University of Pennsylvania, graduating magna cum laude (with great distinction) in 1984. later, he graduated from Harvard Law School with honors