Who Is The Owner of Moore Capital?

Louis Bacon is the founder and owner of Moore Capital Management, a prominent hedge fund. Louis Bacon founded Moore Capital Management in 1989, and the firm has been recognized for its significant presence in the hedge fund industry.

Forbes Magazine has estimated Louis Bacon’s net worth to be a substantial $1.81 billion, placing him as the 374th richest person on the Forbes 400 list as of February 2017.

Bacon’s financial journey began after receiving his MBA, joining the sales and trading program at Bankers Trust. His expertise in trading currencies led him to the New York Cotton Exchange and, later, to Shearson Lehman Brothers, where he became the senior vice president for their futures trading division.

In 1987, Bacon founded Remington Trading Partners, showcasing his market insights during the market crash and subsequent rebound. In 1989, he established Moore Capital Management LLC and Moore Global Investments, utilizing a $25,000 inheritance to build the foundations of his financial empire.

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