Mark Rachesky is an American investor and hedge fund manager with an estimated net worth of $1.8 billion. He is the Chairman and CEO of MHR Fund Management LLC, which he founded in 1997, and also a co-founder and managing member of MHR Institutional Advisors LLC. He has invested in companies such as Lions Gate Entertainment Corp., Sirius XM Radio Inc., and Caesars Entertainment Corporation, as well as donated to charities like the Jewish Federation of Greater Los Angeles and the Los Angeles County Museum of Art. Rachesky graduated from Cornell University in 1981 with a bachelor's degree, then obtained his MBA from Harvard Business School in 1985 before beginning his career at Drexel Burnham Lambert followed by Lazard Freres & Co., where he worked for five years until 1992 when he joined Carl Icahn's team at Icahn Associates LP. He stands 6 feet tall with an estimated weight between 160-170 lbs and was born on August 12th 1959

Mark Rachesky

1. What is Mark Rachesky Net Worth?

Mark Rachesky has an estimated net worth of $1.8 billion as of 2021. He is an American investor and hedge fund manager who currently serves as the Chairman and CEO of MHR Fund Management LLC, a New York City-based investment firm he founded in 1997. He is also a co-founder and managing member of MHR Institutional Advisors LLC, which provides advisory services to institutional investors.

Rachesky has invested in many companies, including Lions Gate Entertainment Corp., Sirius XM Radio Inc., and Caesars Entertainment Corporation. In addition to his investments, Rachesky is a philanthropist who has donated to various charities and organizations such as the Jewish Federation of Greater Los Angeles and the Los Angeles County Museum of Art.

2. Mark Rachesky Early Life

Mark Rachesky was born in 1959 in Brooklyn, New York. He received his bachelor’s degree from Cornell University in 1981 and his MBA from Harvard Business School in 1985. After graduating from Harvard, he began his career as an analyst at Drexel Burnham Lambert before moving on to become a partner at Lazard Freres & Co., where he worked for five years.

In 1992, Rachesky joined Carl Icahn’s team at Icahn Associates LP as a Managing Director and Partner before founding MHR Fund Management LLC five years later in 1997. Since then, he has been actively involved in the firm’s investments across multiple industries including media and entertainment, gaming, consumer products, financial services, biotechnology, healthcare services, real estate development/investment management, energy/power generation/distribution/storage/utilities etc..

3. Mark Rachesky Career

Rachesky’s career began when he joined Drexel Burnham Lambert as an analyst in 1985 after graduating from Harvard Business School with his MBA degree. After working with Drexel for two years he moved on to become a partner at Lazard Freres & Co., where he worked for five years until 1992 when he joined Carl Icahn’s team at Icahn Associates LP as a Managing Director and Partner before founding MHR Fund Management LLC five years later in 1997.

Since then he has been actively involved in the firm’s investments across multiple industries including media and entertainment (Lions Gate Entertainment Corp.), gaming (Caesars Entertainment Corporation), consumer products (Sirius XM Radio Inc.), financial services (Bankrate), biotechnology (Ariad Pharmaceuticals), healthcare services (Cigna Corp.), real estate development/investment management (Somera Capital), energy/power generation/distribution/storage/utilities etc.. As Chairman and CEO of MHR Fund Management LLC since its inception in 1997 until today he continues to actively manage its investments while also overseeing the operations of its subsidiary investment advisors: MHR Institutional Advisors LLC; MHR Capital LP; MHR Investment Management LLC; MHR Securities LLC; and other affiliated entities that collectively manage over $3 billion across multiple asset classes worldwide for institutional investors such as pension funds endowments foundations family offices sovereign wealth funds etc..

4. Mark Rachesky Biography

Mark Rachesky is an American investor who serves as the Chairman and CEO of MHR Fund Management LLC since its inception in 1997 until today where he continues to actively manage its investments while also overseeing the operations of its subsidiary investment advisors: MHR Institutional Advisors LLC; MHR Capital LP; MHR Investment Management LLC; MHR Securities LLC; and other affiliated entities that collectively manage over $3 billion across multiple asset classes worldwide for institutional investors such as pension funds endowments foundations family offices sovereign wealth funds etc.. He received his bachelor’s degree from Cornell University in 1981 and his MBA from Harvard Business School in 1985 before beginning his career at Drexel Burnham Lambert followed by Lazard Freres & Co., where he worked for five years until 1992 when he joined Carl Icahn’s team at Icahn Associates LP as a Managing Director and Partner before founding MHR Fund Management LLC five years later in 1997.. In addition to his professional accomplishments Rachesky is also known for being a philanthropist who has donated to various charities such as Jewish Federation of Greater Los Angeles or the Los Angeles County Museum of Art among others throughout his lifetime..

5. Mark Rachesky Height & Weight

Mark Rachesky stands 6 feet tall with an estimated weight between 160-170 lbs depending on sources..

6 Date Of Birth Of Mark Rashesy

Mark Rashsky was born on August 12th 1959 making him 61 years old today..