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Ted Weschler’s Net Worth Is Revealed: We’re Curious About His Recent $5 Million Bid
After his recent bid of over $5 million, many people are curious about former hedge fund manager Ted Weschler’s net worth.
Warren Buffett has cemented his image as one of the most expensive lunch guests in history.
A lucky, and surely affluent, person spent more than $19 million to dine with Warren Buffett for the 21st and final time the billionaire businessman had auctioned a private lunch to benefit a San Francisco charity.
Plus, over the years, financial titans such as hedge fund manager David Einhorn have filed winning offers. Ted Weschler submitted a total bid of more than $5 million in two auctions before joining Berkshire Hathaway as an investment manager.
With his growing wealth, a slew of questions about his wealth and net worth have surfaced. Let’s see what we can come up with.
Ted Weschler’s Net Worth As He Bids Over $5 Million
Ted Weschler’s net worth is currently unknown. With an offer of more than $5 million, we believe the investment manager has amassed a substantial fortune over his career.
Ted Weschler, one of Warren Buffett’s two investment lieutenants, grew his retirement account from $70,000 to nearly $260 million in less than 30 years, according to CNBC.
Hedge fund heavyweights David Einhorn and Ted Weschler are among the recent auction winners, according to reports.
Weschler became a Berkshire portfolio manager after winning the 2010 and 2011 auctions for a total of $5.25 million.
Ted Weschler and Shiela Weschler
Ted Weschler and his wife Sheila live in Charlottesville, Virginia, with their two daughters.
Ted Weschler, on the other hand, has never divulged any personal details. We’ve also been unable to locate him on social media, making it considerably more difficult to confirm the information about his wife and daughters.
Ted Weschler is a successful businessman.
Ted Weschler, 60, was born on May 16, 1962, in Erie, Pennsylvania, and grew up there. He was born and raised in Buffalo, New York.
The family moved frequently because of his father’s employment as an A&P executive, primarily to locales in the Rust Belt. He also attended Erie’s Cathedral Preparatory School for high school.
He also graduated from the University of Pennsylvania’s Wharton School of Business with a bachelor’s degree in economics with a focus on finance and accounting in 1983.