Homebody in a Hoodie: Hedge Fund Founder Builds Quant Paradise

  • Steven Schonfeld’s firm has gained about 20% a year since 2014
  • Billionaire completes $111 million deal for Palm Beach estate
Steven Schonfeld and his wife Brooke in Palm Beach.Photographer: Benjamin Rusnak/Bloomberg
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Steven Schonfeld is a hedge fund billionaire of a different breed.

He’s almost always in a hoodie, drawn from a closet full of them. He shuns the Wall Street crowd. You’ll never see him at a gala in Manhattan or at Davos or Aspen. Mostly he stays home in Old Westbury, New York.