Larry Benedict, a name synonymous with success in the world of finance, didn’t start his career in the limelight. Born and raised in a humble environment, he began his professional journey as a simple stockbroker in the late 1980s. His passion for numbers and keen analytical mind soon set him apart, leading him to establish his first hedge fund, Tremblant Capital, in 1992. This marked the beginning of his meteoric rise to fame in the world of finance.

Larry Benedict’s Net Worth in 2025

As of 2025, Larry Benedict’s net worth is estimated to be around $250 million, according to the latest available information.

Larry Benedict’s Career

Larry Benedict is a renowned hedge fund manager and founder of the successful investment firm, The Oracle from Wall Street. He began his career at the age of 19, working as a runner on the floor of the New York Stock Exchange. Over the years, he has honed his skills and built a reputation for his exceptional trading abilities, particularly in the realm of global macro trading.

Larry Benedict’s Other Ventures

Besides his work at The Oracle from Wall Street, Benedict is also a philanthropist. He has been involved in various charitable causes, including supporting education and medical research. He is also a member of the Council on Foreign Relations, reflecting his interest in global affairs.

Larry Benedict’s Assets

Larry Benedict’s assets include a significant stake in The Oracle from Wall Street, as well as extensive real estate holdings. He owns properties in New York, the Hamptons, and other prime locations. His investment portfolio spans across various sectors, including technology, finance, and healthcare.

Larry Benedict’s Annual Income

As a successful hedge fund manager, Larry Benedict’s annual income is substantial. In 2024, it was estimated to be around $50 million, although this can vary from year to year depending on the performance of his funds.

Frequently Asked Questions about  Larry Benedict

Larry Benedict Net Worth

Larry Benedict’s net worth is estimated to be around $500 million.

How did Larry Benedict make his money?

Larry Benedict made his fortune primarily through successful hedge fund management. He founded his first hedge fund, The Icahn Partnership, in 1998, which he later merged with Carl Icahn’s firm. He then founded his current firm, Tremblant Capital, in 2003.

What is Larry Benedict’s investment style?

Larry Benedict is known for his value-oriented, contrarian investment style. He often invests in out-of-favor or undervalued stocks and holds them for the long term.

What is Larry Benedict’s educational background?

Larry Benedict graduated from the University of Pennsylvania with a Bachelor of Science degree in Economics. He also holds an MBA from the Wharton School of the University of Pennsylvania.

Where is Larry Benedict based?

Larry Benedict is based in New York City, where his hedge fund, Tremblant Capital, is headquartered.

What is Larry Benedict’s philanthropic work?

Larry Benedict is involved in various philanthropic activities. He has donated to causes such as education, healthcare, and social services. He is also a trustee of the University of Pennsylvania and a member of the Council on Foreign Relations.

How many employees does Tremblant Capital have?

Tremblant Capital, the hedge fund founded by Larry Benedict, has around 50 employees.

What are some of Larry Benedict’s most successful investments?

Some of Larry Benedict’s most successful investments include his early investments in Apple and Amazon. He also made significant profits from his investment in Herbalife, which he bought during its decline and sold after its rebound.

What is Larry Benedict’s stance on short selling?

Larry Benedict is known to use short selling as a part of his investment strategy. He believes that short selling can be a valuable tool for hedging portfolios and generating alpha.

What is Larry Benedict’s approach to risk management?

Larry Benedict is known for his disciplined approach to risk management. He focuses on preserving capital and avoiding large losses. He often uses stop-loss orders to limit potential downside and diversifies his portfolio to spread risk.