226. Daniel Och

Forbes - - PROMOTION -

$3.3 billion  & self-made score: source: Hedge funds age: 56 res­i­dence: scars­dale, n.y.

B.s., u. of Penn­syl­va­nia ’82 He faced large re­demp­tions at his Och-ziff Cap­i­tal Man­age­ment; in­vestors have pulled out billions of dol­lars fol­low­ing Och-ziff ’s in­volve­ment in a bribery scheme in Africa; a unit of the firm pleaded guilty to con­spir­ing to bribe for­eign of­fi­cials in Septem­ber 2016. A month later, the firm paid $412 mil­lion in fines to set­tle both civil and crim­i­nal charges. Och him­self was sanc­tioned by the SEC. So far, the firm has had de­cent re­turns in 2017.

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