Otis “Mason” Hawkins was born on March 10, 1948 in the United States of America. He is a value investor and businessman best known as the chief executive officer of Southeastern Asset Management, Inc., which he founded. He has been in the investment business for over four decades and all of his efforts have helped make his fortune what it is today.
How rich is Mason Hawkins? In mid-2017, sources tell us they had a net worth of $ 1.8 billion, mainly earned through his successful involvement in the business, including investing. His company has grown into a multi-billion dollar global investment management firm. All these achievements have secured the position of his wealth.
Mason Hawkins net worth of $ 1.8 billion
Mason attended the University of Florida and graduated with a degree in finance in 1970. He then graduated from the University of Georgia with an MBA in finance; he also studied for and earned the Chartered Financial Analyst (CFA) designation. One of his first positions was at Atlantic National Bank, where he was Director of Research from 1972 to 1973, and then Director of Research at First Tennessee Investment Management for a year. In 1975 he left the company to start Southeastern Asset Management, using his previous fortune to start the company.
Over the years, Hawkins’ fortune grew with the success of his business. His strategy is known as value investing, in which he looks at potential investments based on three criteria, namely strong business, good people and greatly reduced prices. He usually invests in companies with solid balance sheets and is reportedly looking for qualities in the company that can lead to long-term success. His company also focuses on concentrated portfolios of around 18-22 stocks.
Mason’s success led him to receive a Lifetime Achievement Award from Institutional Investor magazine in 2005. The following year he was named Domestic Equity Fund Manager of the Year with Chief Investment Officer Staley Cates; the two were also nominated in other years. Mason’s company Southeastern Asset Management was named Equity Manager of the Year at the Foundation’s 2007 Nonprofit Awards and Endowment Money Management’s, and Mason was also featured in David Swensen’s book, Unconventional Success. Masons’ fortune continues to grow due to his success.
For his private life there is no information about his marital situation or romantic relationships. Hawkins is known to be a director of the Charter School Growth Fund; The nonprofit philanthropic venture capital fund aims to help public charter schools grow and has been responsible for growing small schools into large multi-school networks and contributing a total of around $ 160 million to $ 170 million in loans and grants. Hawkins does other philanthropic work as well – he’s the director of the Pyramid Peak Foundation, which is dedicated to supporting charitable causes. The organization has donated for health, social and artistic purposes. Mason Hawkins apparently enjoys public speaking.
Mason Hawkins Net Worth first appeared on Net Worth Post.