James Dinan
Investments

James Dinan Net Worth

James Dinan is a successful hedge fund manager and investor. He was born in 1959 in New York, and after losing much of his savings in the 1987 stock market crash, he founded York Capital Management in 1991 with $4 million. York now oversees $17 billion in assets. In 2014, Dinan purchased a minority stake in the NBA's Milwaukee Bucks, and he sits on numerous boards, including the board of directors of Lincoln Center for the Performing Arts and the board of trustees of the Museum of the City of New York, which he chairs.
James Dinan is a member of Investments

Age, Biography and Wiki

Who is it? Founder, York Capital Management
Birth Year 1959
Birth Place New York, New York, United States
Age 64 YEARS OLD
Alma mater University of Pennsylvania Harvard University
Known for Founding and managing York Capital Management Owning the Milwaukee Bucks
Spouse(s) Elizabeth R. Miller
Children 3

💰 Net worth: $1.9 Billion (2024)

James Dinan, the esteemed founder of York Capital Management in the United States, is widely recognized for his impressive net worth, expected to reach a staggering $1.9 billion by 2024. Dinan's financial prowess and astute investment strategies have catapulted him to great heights in the world of finance. As a proactive and skilled entrepreneur, Dinan has navigated the volatile market successfully, leveraging his expertise to amass substantial wealth. Through his dedication and commitment to his craft, James Dinan continues to solidify his position as a prominent figure in the investment landscape.

2009 $1.2 Billion
2010 $1.3 Billion
2011 $1.2 Billion
2012 $1.4 Billion
2013 $1.6 Billion
2014 $2.2 Billion
2015 $2.4 Billion
2016 $2 Billion
2017 $1.8 Billion
2018 $1.94 Billion

Biography/Timeline

1959

James gerard Dinan was born to a Roman Catholic family in 1959 in Baltimore, Maryland, one of five children of Robert and Jeannette Dinan. His Father was a textile Engineer and his mother a homemaker. In 1969, the family moved to Worcester, Massachusetts. Dinan graduated from the private Bancroft School and then went on to earn a B.S. from the Wharton School of the University of Pennsylvania with a degree in economics. While at the University of Pennsylvania, Dinan joined Alpha Chi Rho, a northeastern fraternity. In 1981, he took a job with stock research firm, Donaldson, Lufkin & Jenrette (DLJ) and later earned a M.B.A. from Harvard University.

1985

In 1985, he took a job at the merger arbitrage firm Kellner DiLeo & Company. In 1987, the market crashed and he lost his entire $600,000 in savings. In 1991, he was able to raise $3.6 million from his former DLJ colleagues and started his own hedge fund named York Capital (named after the street he was then living on, York Avenue). In 1993, his fund earned credibility with a 33.8 percent return and by 2000, the fund had over $610 million in assets. In 2010, he sold 33% of York to Credit Suisse for $425 million. In 2011, he made a $1 million donation to the Museum of the City of New York. In July 2014, Dinan gained partial ownership of the NBA's Milwaukee Bucks.

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About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.