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Daniel M. Ziff (born 1973) is an American billionaire, and the youngest son of publishing magnate William Bernard Ziff, Jr. He and his two brothers inherited the family fortune in 1994.

Daniel M. Ziff
Born1973 (age 45–46)
NationalityAmerican
Alma materColumbia University
OccupationInvestor
Known forInheritance, investments
Net worthUS$4.8 billion (July 2019)[1]
Spouse(s)Brianne Garcia Ziff
Leslie Ziff (divorced)
Childrenone
Parent(s)William Bernard Ziff, Jr.
Barbara Ingrid Beitz
RelativesDirk Ziff
Robert Ziff

Contents

Early life and educationEdit

Ziff was born in 1973. His mother was Barbara Ingrid Beitz, an ethnic German whose parents were declared as "Righteous among the Nations" for providing refuge and risking their lives to save Jews during World War II.[2] His father was the Jewish American media magnate William Ziff Jr, who had built the Ziff-Davis magazine empire that included titles such as Popular Aviation, PC Magazine, and Car and Driver.[3]

In 1989, Ziff graduated from the Trinity School in New York City where his father served as trustee.[4] He later earned a Bachelor of Arts from Columbia University.[3]

CareerEdit

Ziff and his brothers Dirk and Robert inherited the family fortune in 1994 after their father sold 95% of the business to Forstmann Little for $1.4 billion and retired. The father had originally wanted to pass the company on to his sons but they were not interested. Instead, they formed New York City-based Ziff Brothers Investments, investing their inheritances broadly across equities, debt, real estate, commodities, private equity and hedge funds. They also provided seed money to fund manager Daniel Och in exchange for a 10% stake in Och-Ziff Capital Management which went public in 2007.[1] The brothers dissolved Ziff Brothers Investments in 2014 and now invest independently.[1] Ziff was - according Rob Goldstone - funding democrats while at the same time an architect of the Magnitsky Act.[5][clarification needed]

Personal lifeEdit

In 2009, Ziff married Leslie, who he later divorced, who serves on the boards of the American Ballet Theatre and Rosie's Theater Kids.[6][7] In 2017, he married Brianne Garcia Ziff.[8] The couple live in New York City.[1]

Ziff contributed between $50,000 and $100,000 to the Clinton Global Initiative (CGI), a former arm of the Clinton Foundation.[9]

ReferencesEdit

  1. ^ a b c d "Forbes profile: Daniel Ziff". Forbes. Retrieved 17 July 2018.
  2. ^ Yad Vashem: The Righteous Among the Nations: Berthold and Elsa Beitz Archived 2013-03-08 at the Wayback Machine retrieved April 1, 2012
  3. ^ a b New York Times: "For Ziffs, Sale Is a Family Affair" by Geraldine Fabrikant June 11, 1994
  4. ^ New York Times: "Paid Notice: Deaths ZIFF, WILLIAM" September 13, 2006
  5. ^ https://www.youtube.com/watch?v=aSJ0ywPDsTA
  6. ^ New York Times: "Moving Past ‘Fierce’" by ERIC WILSON February 8, 2012
  7. ^ AmericaNBallet Theater: Board of Trustees Archived 2013-10-17 at the Wayback Machine retrieved June 2, 2012
  8. ^ "Photos: Aspen Misc". The Aspen Times. November 25, 2017.
  9. ^ Fredericks, Bob (June 12, 2017). "Lawyer shopped story about Hillary's ties to hedgie who got kicked out of Russia". New York Post.