Saturday 22 June 2013

Meet the Man Who Refused a US$250 million Job

While many people would kill for a minimum wage job, this man refused to continue working for GLG, one of Europe's biggest hedge funds, despite the firm's offer of share options, cash, and other inducements worth a total of US$250 million in order to stay for another five years.

Greg Coffey has been a big name in London's secretive hedge fund business for several years, but it was a single career decision he made last year that gave the 38-year-old man from Sydney an international profile.
Mr. Coffey, whose success has allowed him to amass a property portfolio worth more than $40 million that includes a house in London, two waterfront mansions in Sydney, a chalet in Switzerland and a farm outside London, is someone who apparently can afford to reject a millionaire offer like this.

His confidence, bolstered by the $300 million he had earned the previous year, made Mr. Coffey hopeful to set up his own hedge fund, but eventually he joined a rival hedge fund manager, Moore Capital.
Read more

No comments:

Warri Official Blog™ © 2014. All Rights Reserved. Powered by PapaWarri