Miami Connection
Ackman invested in Lula, an insurance app founded by two Miami Dade College alumni, providing $18 million alongside Peter Thiel's Founders Fund to support small rental companies' insurance needs. This backing highlights his role in fueling Miami's tech and insurtech scene. He also appeared in a tennis doubles match at a USTA Florida facility tied to the former Miami Open, drawing local attention.
About
Bill Ackman is an American billionaire hedge fund manager born in 1966, who founded Pershing Square Capital Management, managing billions in assets through activist investment strategies. His career highlights include major bets on companies like Chipotle and Herbalife, navigating significant losses such as the Valeant position, and rebounding to a net worth of around $9 billion. Ackman has a connection to South Florida through investments in Miami startups and participation in tennis events at facilities linked to the former Miami Open. He is married to designer Neri Oxman since 2019, following a prior divorce, and remains active in finance and public commentary. Currently, he serves as CEO of Pershing Square Capital Management.