One of three siblings that inherited a massive fortune from their father, he currently splits his time between homes in Palm Beach, Florida and Martha's Vineyard. His father, William Ziff, Jr., co-founded the Ziff-Davis publishing empire. The company published such periodicals as Car and Driver, Popular Aviation, and PC Magazine. Mr. Ziff and his two brothers inherited their father's fortune after his retirement in the mid-90s. The elder Mr. Ziff had just sold the company to Forstman-Little for $1.4 billion. The brothers launched their own investment firm, Ziff Brothers Investments, and subsequently grew their fortune through successful investments in real estate, various equities, debt, commodities, and hedge funds. Ziff Brothers also owns a 10% stock in Och-Ziff Capital Management, another hedge fund.
