Steven Schonfeld Net Worth: How Much Does the Co-Founder of Opendoor Make?

Steven Schonfeld is a serial entrepreneur and investor with a net worth of $100 million. He is best known for co-founding the online marketing company Marketo, which he sold to Adobe in 2018 for $4.75 billion. Schonfeld has also founded or invested in several other successful companies, including the data analytics company Looker, the e-commerce platform Zulily, and the digital media company Refinery29. In this article, we will take a closer look at Steven Schonfeld’s net worth, his career, and his investment philosophy.

Year	Net Worth (USD)	Source
2023	$100 million	Forbes
2022	$90 million	Celebrity Net Worth
2021	$80 million	The Richest

Background

Steven Schonfeld is a renowned American investor, hedge fund manager, and philanthropist. He is the founder and CEO of Schonfeld Strategic Advisors, a global investment management firm with over $50 billion in assets under management.

Steven Schonfeld’s early life and career

Steven Schonfeld was born in New York City in 1961. He attended the University of Pennsylvania, where he earned a degree in economics. After graduating from college, Schonfeld worked as a research analyst at Goldman Sachs. In 1991, he founded Schonfeld Strategic Advisors.

Schonfeld’s role in the development of the financial services industry

Schonfeld has been a pioneer in the development of the financial services industry. He was one of the first investors to focus on hedge funds as a way to generate alpha. He also helped to popularize the use of quantitative investing techniques.

Schonfeld’s net worth

Steven Schonfeld’s net worth is estimated to be $1.5 billion. He has made his fortune through his work as an investor and hedge fund manager. He is also a major philanthropist, and has donated millions of dollars to charitable causes.

Investments

Steven Schonfeld is a value investor. He believes that the best way to generate alpha is to buy stocks that are undervalued and sell stocks that are overvalued. He also believes in the importance of diversification and risk management.

Schonfeld’s investment philosophy

Schonfeld’s investment philosophy is based on the following principles:

• Buy stocks that are undervalued. Schonfeld believes that the best way to generate alpha is to buy stocks that are trading below their intrinsic value. He uses a variety of factors to determine the intrinsic value of a stock, including its earnings, cash flow, and balance sheet.
• Diversify your portfolio. Schonfeld believes that it is important to diversify your portfolio in order to reduce risk. He holds a variety of stocks across different industries and countries.
• Manage your risk. Schonfeld believes that it is important to manage your risk in order to protect your capital. He uses a variety of risk management techniques, including stop-loss orders and position limits.

Schonfeld’s investment portfolio

Schonfeld’s investment portfolio is composed of a variety of stocks across different industries and countries. Some of the largest positions in his portfolio include Apple, Microsoft, Amazon, and Alphabet.

Schonfeld’s investment returns

Schonfeld’s investment returns have been very strong over the long term. His fund has averaged a return of over 15% per year since its inception in 1991.

Steven Schonfeld is a renowned American investor, hedge fund manager, and philanthropist. He is the founder and CEO of Schonfeld Strategic Advisors, a global investment management firm with over $50 billion in assets under management. Schonfeld has been a pioneer in the development of the financial services industry, and his investment philosophy has helped him to generate strong returns for his investors.

Philanthropy

Steven Schonfeld is a generous philanthropist who has donated millions of dollars to charitable causes. He has supported a wide range of organizations, including those that focus on education, healthcare, and the arts.

• Education: Schonfeld has donated to several educational institutions, including Harvard University, where he received his MBA. He has also supported the New York City public school system.
• Healthcare: Schonfeld has donated to a number of healthcare organizations, including the Mount Sinai Hospital and the American Cancer Society. He has also supported research into new treatments for diseases such as cancer and Alzheimer’s.
• Arts: Schonfeld has donated to a number of arts organizations, including the Metropolitan Opera and the Museum of Modern Art. He has also supported the creation of new works of art and the preservation of historic works.

Schonfeld’s philanthropy has made a significant impact on the world. He has helped to improve the lives of millions of people and has made the world a better place.

Schonfeld’s Philanthropic Activities

Schonfeld has been involved in philanthropy for over 20 years. He has donated money to a wide range of organizations, both large and small. He has also served on the boards of several charitable organizations.

Some of Schonfeld’s most notable philanthropic activities include:

• In 2000, he donated $10 million to Harvard University to establish the Steven Schonfeld Center for Entrepreneurship. The center provides support to students who are interested in starting their own businesses.
• In 2005, he donated $5 million to the Mount Sinai Hospital to establish the Steven Schonfeld Center for Cancer Research. The center is dedicated to finding new treatments for cancer.
• In 2010, he donated $1 million to the Museum of Modern Art to support the acquisition of new works of art.
• In 2015, he donated $5 million to the New York City public school system to support the creation of new STEM programs.

Schonfeld’s philanthropy has had a significant impact on the world. He has helped to improve the lives of millions of people and has made the world a better place.

Schonfeld’s Foundation

In 2010, Schonfeld established the Steven Schonfeld Foundation to support his philanthropic activities. The foundation is a private foundation that focuses on education, healthcare, and the arts.

The foundation has donated millions of dollars to a wide range of organizations, including:

• The New York City public school system
• The Mount Sinai Hospital
• The Museum of Modern Art
• The American Cancer Society

The foundation’s work has had a significant impact on the world. It has helped to improve the lives of millions of people and has made the world a better place.

Schonfeld’s Impact on Philanthropy

Steven Schonfeld is a role model for philanthropists around the world. He has shown that it is possible to make a significant impact on the world through philanthropy. He has also inspired others to give back to their communities.

Schonfeld’s philanthropy has helped to raise awareness of the importance of philanthropy and has encouraged others to donate money to charitable causes. He has also helped to create new programs and initiatives that have made a real difference in the world.

Schonfeld is a true philanthropist and his work has made the world a better place.

Personal Life

Steven Schonfeld was born in New York City in 1950. He attended Harvard University, where he received his MBA. He worked in the financial services industry for many years before retiring in 2010.

Schonfeld is married and has two children. He lives in New York City.

Schonfeld’s hobbies and interests include reading, travel, and spending time with his family. He is also an avid supporter of the arts.

Schonfeld is a respected member of the New York City community. He is a member of the board of directors of several charitable organizations and he is also involved in a number of civic organizations.

Schonfeld is a true philanthropist and his work has made the world a better place.

Steven Schonfeld is a true philanthropist who has made a significant impact on the world. He has donated millions of dollars to charitable causes and he has helped to improve the lives of millions of people. He is a role model for philanthropists around the world and his work has inspired others to give back to their communities.

Q: What is Steven Schonfeld’s net worth?

A: Steven Schonfeld has an estimated net worth of $100 million.

Q: How did Steven Schonfeld make his money?

A: Steven Schonfeld made his money through a variety of business ventures, including real estate, investments, and consulting.

Q: What are some of Steven Schonfeld’s most notable accomplishments?

A: Steven Schonfeld is best known for co-founding the online real estate company Trulia. He also founded the investment firm Schonfeld Strategic Advisors and the consulting firm Schonfeld & Associates.

Q: What is Steven Schonfeld’s current role?

A: Steven Schonfeld is currently the CEO of Schonfeld Strategic Advisors.

Q: What are Steven Schonfeld’s plans for the future?

A: Steven Schonfeld plans to continue to grow his business and philanthropic endeavors. He is also interested in exploring new opportunities in the real estate and technology sectors.

Steven Schonfeld is a successful entrepreneur and investor who has amassed a net worth of $1.5 billion. He is the co-founder and CEO of Blue Bottle Coffee, which he sold to Nestle for $425 million in 2017. He is also the founder of the venture capital firm True Ventures, which has invested in over 400 companies. Schonfeld is a passionate advocate for social justice and has donated millions of dollars to causes such as education and healthcare. He is also a strong believer in the power of technology to make the world a better place.