Michael Platt, the billionaire owner of BlueCrest Capital, is having a phenomenal year. His firm is reportedly up 20% for the year, even after fees.
A Winning Strategy
Platt’s success is attributed to some savvy bets made during the volatility caused by President Trump’s trade policies. He used a lot of leverage to capitalize on the market swings. This impressive performance continues a remarkable nine-year winning streak for BlueCrest.
Private and Profitable
BlueCrest is now a privately-owned family office, so the exact amount of money it manages isn’t public knowledge. However, court documents show it held $3.9 billion in assets in 2022. Platt, considered Britain’s richest hedge fund manager by Forbes, has seen his net worth soar to approximately $18.8 billion (as of December 2024).
Rare Success in a Tough Market
It’s worth noting that Platt’s success is quite rare. The global market has seen a significant sell-off this year, partly due to President Trump’s actions. Yet, Platt is among the few who have managed to profit. Another example is Warren Buffett, who also saw billions in gains this year, although his overall winnings were reduced by a recent market downturn. He and L’Oreal heiress Francoise Bettencourt Meyers are among the few billionaires to increase their net worth in 2025.
Disclaimer: This information is for general knowledge only and should not be considered investment advice. Always do your own research before making any investment decisions.
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