Bloomberg Billionaires Index

View profiles for each of the world’s 500 richest people, see the biggest movers, and compare fortunes or track returns.

# 312 Chris Hohn $7.49B

Random fact: Has called on banks to stop lending to companies that ignore climate change.

Overview

Hohn is the chief executive officer and managing partner of TCI Fund Management, the world's best-performing large hedge fund in 2019. The London-based company was founded by Hohn in 2003 and invests in a limited amount of long-term, owner-oriented assets. TCI has about $44 billion in assets under management.

As of :
Last change -$12.8M ( -0.2%)
YTD change -$673M ( -8.2%)
Biggest asset Personal Investments TCI
Country / Region United Kingdom
Age 56
Industry Finance
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Chris Hohn's net worth of $7.49B can buy ...

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troy ounces of gold
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barrels of crude oil

... and is equivalent to ...

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of the GDP of the United States
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of the total wealth of the 500 richest people in the world
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of the top 100 U.S. college endowments
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of the top 200 U.S. executives’ total awarded compensation
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of U.S. existing home sales
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times the median U.S. household income

Latest News

Net Worth Summary

Cash
Private asset
Public asset
Misc. liabilities
Confidence rating:

The majority of Hohn's net worth is derived from TCI Fund Management, the investment firm he founded. TCI was the world's best performing hedge fund in 2019 and managed about $44 billion at the end of 2021.

His personal investments in TCI are based on the $5.5 billion he had invested with the firm at the beginning of 2021 and the estimated $2.1 billion he earned in 2021 before taxes, according to a Bloomberg News report.

The business is valued using the company's most recent financial results and the average enterprise value-to-sales ratio of three publicly traded hedge funds: Sculptor Capital Management, Janus Henderson Group and Man Group. A 25% key-man risk discount is applied.

Biography

Birthdate:
Family: Divorced, No children

Hohn was born in Alderstone, England in 1966. His father was a Jamaican-born car mechanic and his mother an administrative worker.

He studied at the University of Southampton before being encouraged to apply to Harvard Business School where he obtained an MBA.

After 7 years working for New York-based Perry Capital, Hohn returned to London in 2003 where he opened his own hedge fund, The Children's Investment Fund.

TCI's investments have included stakes in Deutsche Boerse, ABN Amro and News Corp.

He received a knighthood for services to philanthropy in 2014. Hohn's donated personally and through his foundation to activist group Extinction Rebellion.

Hohn is divorced and lives in London.

Milestones
  • 1993 Graduates from Harvard Business School.
  • 1997 Starts work at Perry Capital.
  • 2003 TCI Fund is established.
  • 2014 Hohn's divorce is finalized.
  • 2019 TCI becomes the world's best-performing hedge fund.