Barry Ritholtz, Columnist

The Challenge of Giving Away $1 Billion

Hedge-fund manager Leon Cooperman has a wonderful problem.

August 14, 2018 at 5:02 PM UTC

Barry Ritholtz is a former Bloomberg Opinion columnist. He is chairman and chief investment officer of Ritholtz Wealth Management, and was previously chief market strategist at Maxim Group. He is the author of “Bailout Nation.”

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Leon Cooperman, founder of hedge fund Omega Advisors Inc., has a billion-dollar problem. Over the course of his career, he has accumulated lots of money. He now plans on giving it all away during his lifetime.