Nelson Peltz is a highly successful businessman and investor, with a net worth in the billions. Together with his partners, Peter W. May and Edward P. Garden, he founded Trian Partners, a prominent alternative investment management fund based in New York.
Peltz also holds non-executive chairman roles at several major companies, including Wendy’s Company, Sysco and The Madison Square Garden Company.
File
- Full Name: Nelson Peltz
- Stage Name: Nelson Peltz
- Date of birth: June 24, 1942
- Age: 81 years old
- Place of birth: New York, USA
- Nationality: United States
- Occupation: Entrepreneur and Investor
- Height: Unknown
- Parents: Maurice Herbert Peltz and Claire Peltz
- Siblings: Robert B. Peltz
- Spouse: Lorraine Schwartz
- Children: 2
- Relationship: Single
- Net worth: $1.6 billion
Early life and education
Nelson Peltz was born on June 24, 1942, in Brooklyn, New York, to Maurice Herbert Peltz and Claire Peltz. He has one sibling, Robert B. Peltz.
Peltz attended the Wharton School of the University of Pennsylvania in 1960, where he joined the Phi Gamma Delta fraternity. However, he left in 1963 without receiving a degree, proving that formal education is not always necessary for success.
Career
Nelson Peltz began his career in his family’s food distribution business before becoming CEO of Triangle Industries, a major packaging company. He is also known for his role in turning around Snapple Beverage Group while at Triarc Companies.
As co-founder of Trian Fund Management, Peltz focuses on buying stakes in companies and advocating for changes in their management or strategy.
He has become known as an “activist investor” and has targeted large companies such as Procter & Gamble, Mondelez International and Unilever. While his tactics may be controversial, his primary goal is to improve shareholder value.
Social media
Nelson Peltz does not have any social media accounts.
Personal life
Nelson Peltz married his third wife, model and actress Lorraine Schwartz, in 1985. They had two children together before divorcing in 2019.
Despite being married and divorced several times, Peltz maintained a close relationship with her children and was actively involved in raising them.
His personal life may have been tumultuous, but Peltz valued family and was committed to being a loving and supportive father to his children.
Net worth
Nelson Peltz has amassed a net worth of $1.6 billion, largely due to his success as a hedge fund manager.
Through his firm Trian Fund Management, Peltz has made strategic investments in a variety of industries, including fast food, consumer goods and financial services.
His expertise in identifying undervalued companies and implementing strategic changes has resulted in significant returns for his investors.
