Overview
Philippe Laffont is an accomplished billionaire hedge fund manager, investor, and founder of Coatue Management, a tech-oriented hedge fund based in New York. He has earned an impressive reputation as an investment guru, consistently delivering outstanding returns for his clients.
Early Life and Education
Philippe Laffont was born in France in 1965 and spent most of his childhood in Paris. His father was an entrepreneur and CEO of a software development company. Laffont’s passion for technology began at a young age, and he was fascinated by the rise of the personal computer.
Laffont went on to earn a master’s degree in computer science from Ecole Polytechnique and a master’s degree in finance from the Sloan School of Management at MIT. During his time in school, he developed a keen interest in finance and investing.
Career and Achievements
Philippe Laffont began his career in finance working for Julian Robertson at Tiger Management. He was quickly promoted to the position of managing director and ran a portfolio focused on technology, media, and telecom companies. In 1999, Laffont left Tiger Management to start his own hedge fund, Coatue Management.
Coatue Management launched in 1999 with $30 million in assets under management. Today, the firm manages more than $27 billion for clients. Laffont has a reputation for identifying high-growth technology companies early on and investing heavily in them. Some of his most significant investments have been in tech giants like Apple, Facebook, and Amazon.
Laffont has received numerous awards over the years for his investment success. In 2013, he was named to Forbes’ Midas List of top technology investors. The following year, he was included in Forbes’ list of America’s Self-Made Billionaires.
Personal Life
Philippe Laffont is relatively private when it comes to his personal life. He is married and has three children. In his spare time, Laffont enjoys skiing and tennis.
Profile
Name | Philippe Laffont |
Born | 1965 |
Country | France |
Sector | Finance, Technology |
Companies | Coatue Management |
Net Worth | $4.7 billion |
Forbes URL | https://www.forbes.com/profile/philippe-laffont/?sh=4222cb4d6054 |