248. Leon G. Cooperman
$3.1 billion self-made score: ( source: Hedge funds age: 74 residence: short Hills, n.j. m.b.a., columbia ’67 Cooperman pledged $25 million to each of his alma maters, Hunter College and Columbia’s business school. His Cooperman College Scholars program offers merit-based financial assistance to hundreds of prospective college students. A Wall Street veteran, he still runs his Omega Advisors hedge fund, which manages $3.7 billion. Investors withdrew most of Omega’s assets after the SEC filed civil insider-trading charges in September 2016 against Cooperman, which he settled in May without admitting wrongdoing. He agreed to pay $4.9 million in fines and penalties.