News Formal

The South African who built a $100 billion investment empire for the Silicon Valley elite

  • 📰 mybroadband
  • ⏱ Reading Time:
  • 27 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 67%

David Rubenstein News

Divesh Makan,Headline,Iconiq

Durban-born Divesh Makan has built a secretive investment empire in Silicon Valley with many billionaires, including Facebook’s Mark Zuckerberg, as clients.

South African entrepreneur Divesh Makan has built a secretive investment empire in Silicon Valley with many billionaires, including Facebook’s Mark Zuckerberg, as clients.

One of his clients was Facebook founder Mark Zuckerberg, who introduced him to other influential executives, including Sheryl Sandberg and Dustin Moskovitz. Most of the people Iconiq and Makan work with have at least $1 billion in assets and $250 million in liquidity. Today, Iconiq is a big player in the investment space. It manages $80 billion for families and has $100 billion in assets under advisement.

He attended The Wharton School of the University of Pennsylvania, where he excelled. However, it took hard work.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why Shenzhen China should matter to SA’s SME market‘China’s Silicon Valley’ confirms South Africa is its biggest trading partner in Africa.
Source: ITWeb - 🏆 45. / 51 Read more »