He began his career as a trader at a small hedge fund in Los Angeles, and eventually became the manager of his own hedge fund, Lahde Capital. His success in the hedge fund industry earned him a net worth of $500 million dollars.
Andrew Lahde is an American businessman and former hedge fund manager who achieved great success in the industry, earning him a net worth of $500 million dollars. He graduated from Michigan State University with a finance degree and obtained his MBA from the University of California at Los Angeles. He began his career as a trader at a small hedge fund in Los Angeles and eventually became the manager of his own hedge fund, Lahde Capital.
Andrew Lahde is a member of Wall Street
💰Andrew Lahde Net worth: $500 Million
He developed his hedge fund, Lahde Capital, in Santa Monica, California, and attracted attention when he earned returns near 1000% for his clients. Lahde claimed his strategy was built primarily on his strong understanding of the real estate market and, in particular, residential real estate. He closed the fund in 2008 because of credit issues, penning an open good-bye letter to his investors. Lahde's letter instructed investors to take advantage of Yale and Harvard grads who had their educations paid for by their parents, condemned the lifestyles of the rich, and criticized capitalism. In the letter's conclusion, he outlined his plan to legalize hemp in the United States.
