Eric Sprott

Eric Sprott (born 1944/45) is a Canadian billionaire businessman.

Eric Sprott
Born1944/1945 (age 75–76)[1]
NationalityCanadian
Alma materCarleton University
Occupationinvestor
Known forSprott School of Business
Net worthUS$1.12 billion (June 2017)[1]
Spouse(s)Vizma Sprott
Children2

Early life

Sprott has a bachelor's degree from Carleton University.[1]

Career

Sprott started his career as a research analyst with Merrill Lynch, before becoming a fund manager.[1][2] In 2001, he sold his first company, Sprott Securities, to the company's staff, and donated $10 million to Carleton University, who renamed their business school, the Sprott School of Business.[1]

Sprott advised investors to buy gold before the 2008 financial crash.[3]

He was the chairman of Sprott Inc, a Toronto-based asset management firm, from 2010 to May 2017.[2][3]

Sprott is a "long-time gold bull", and claims to hold 90% of his assets (except for Sprott Inc shares) in gold and silver.[2][1]

Personal life

Sprott is married, with two children.[1]

References

  1. "Eric Sprott". Forbes.com. 1970-01-01. Retrieved 2017-06-14.
  2. Niall McGee (2017-04-07). "Gold-focused Sprott Inc. founder to step down as chair". The Globe and Mail. Retrieved 2017-06-14.
  3. "'Bay Street wizard' Eric Sprott, who told investors to 'Buy Gold' before the 2008 crash, will step down next month | Financial Post". Business.financialpost.com. Retrieved 2017-06-14.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.