Leon G. Cooperman is a very fortunate man. The son of a plumber, he went on to run the asset management business of Goldman Sachs. Presumably, that made him quite rich (the math: Goldman partner = rich), but he didn’t stop there. He next founded his own hedge fund, which, according to Forbes, manages $6.1 billion. His net worth is said to be $2.2 billion, which puts him comfortably in the middle of that obnoxious record of acquisitiveness known as the Forbes 400.
I have Leon Cooperman on my mind because I recently read Chrystia Freeland’s New Yorker piece entitled “Super-Rich Irony: The billionaires battling Obama.”