Net Worth & Basic Information
Category | Details |
---|---|
Net Worth | $150 million |
Salary | Not Available |
Birthdate | Not Available |
Birthplace | Ottawa, Canada |
Gender | Male |
Height | Not Available |
Profession | Canadian asset manager |
Nationality | Canadian |
Highlights
Eric Sprott, a Canadian asset manager, has a net worth of $150 million. With over 40 years of experience in the investment industry, Sprott is renowned for his expertise and track record in fund management. He is also recognized for his philanthropic efforts through the establishment of the Sprott Foundation and generous endowments to various causes.
Early Life
Born in Ottawa, Canada, detailed information about Eric Sprott’s early life, including his birthdate, is not available. He pursued his education and eventually became a chartered accountant.
Career
Eric Sprott’s investment career began when he joined Merrill Lynch as a research analyst after becoming a chartered accountant. In 2001, he formed Sprott Asset Management, Inc., which encompasses the esteemed Sprott Hedge Fund. Today, Sprott Asset Management is one of Canada’s largest independently owned securities firms. Over the years, Sprott has managed a long list of funds, further solidifying his reputation as a seasoned asset manager.
Personal Life
Alongside his successful career, Eric Sprott has demonstrated a commitment to philanthropy. In 1988, he and his family established the Sprott Foundation to address urgent human needs, hunger, and homelessness. He has made substantial contributions to organizations like Carleton University, the Ottawa Hospital Foundation, Daily Bread Food Bank, and The United Way. The University Health Network received a remarkable $25 million donation from the Sprott Foundation in June 2012. Additionally, the Sprott School of Business, affiliated with Carleton University, was established in 2001.
Net Worth Over Time
While specific details about Eric Sprott’s net worth throughout his career are not provided, his current net worth is estimated to be $150 million. As a successful asset manager, it is likely that Sprott’s net worth has grown significantly over the years, considering his extensive experience and track record.
Components of Net Worth
Eric Sprott’s net worth primarily consists of his investment holdings and assets. As the founder of Sprott Asset Management, the value of the company and its funds contributes substantially to his net worth. It is important to note that individual net worth calculations may also include other assets, such as real estate, luxury items, and additional investments.