Small organizations filing a Form 990N "e-Postcard" are not included in this data. The Giving Basket is having some issues. SACs founder,Steven A. Cohen, proceeded to return all outside capital and established a family office instead, which he called Point72 Asset Management. During the testimony, Plotkin explained that Melvin Capital shorted GameStop stock because the firm did and still does believe that the retail chains business model is being overtaken by video game downloads. 2020. Gabriel Plotkins net worth reportedly tumbled in January 2021 as Reddit users targeted his Melvin Capital Management in a GameStop short squeeze. He is Jewish. Gabe Plotkin is the CIO of Melvin Capital. Gabe and Yaara also have two beautiful kids, a son, and a daughter. In February, Melvin posted a 22% gain; even with this addition, Melvin will need to produce an additional 75% gain for earlier clients before they break even. . to try again. Since its inception six years ago, Melvin had held the position because the fund believed GameStops business model of selling video games in physical stores was overtaken by digital downloads via the Internet, Plotkin said. Gabe Plotkin Net Worth: Gabriel "Gabe" Plotkin is an American hedge fund manager who has a net worth of $400 million. Yaaras Twitter bio isnt accessible as she isnt dynamic on any online media stages, for example, Instagram, Twitter, Facebook, and TikTok. Two surged around 50 percent through January 27, while three others rose at least 20 percent over the same period. The firm, which is named after Gabes grandfather, quickly raised $1 billion in capital. 2023 Celebrity Net Worth / All Rights Reserved. We welcome all corrections and feedback using the button below. According to Chabdic, Mr. Plotfin and his wife both Yaara are both passionate about the land of Israel. In fact, Bloomberg reports that Plotkin went from making about $850 million in 2020and ranking among the top 15 hedge fund managersto losing an estimated $460 million as Melvin Capital lost 53 percent in January. Gabe Plotkin is the CIO of Melvin Capital. Read the full story . After he graduated from Northwestern, Gabriel accepted a job at SAC Capital. Total assets. There are no subtleties present about Yaara Bank-Plotkins youngsters. Please share any feedback you have about Foundation Directory Online. The couple married in 2006 and are still together. Analyze a variety of pre-calculated financial metrics Access beautifully interactive analysis and comparison tools $400 Million. Melvin Capital Founder Gabriel Plotkin Reportedly Lost $460 Million in Short Squeeze By Dan Clarendon Feb. 23 2021, Published 10:59 a.m. Gabe is best-known for being the founder of Melvin Capital Management which had a public spat with a community of redditers in 2021 over the company GameStop. Copyright 2023 Market Realist. Updated Feb 18, 2021 at 5:13 PM. by Bana Miller. }p . Yaara had petitioned for the separation, and the explanation was hopeless contrasts between the two. He also told the committee that he named Melvin Capital after his grandfather, the owner of a convenience store. The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. He covered the shorts and is continuing to move forward in his business despite the loss. <> Gabriel and YAARA Plotkin Family Foundation. That's a big number, but it is still the lowest such combined earnings figure since the financial crisis. Melvin Capital CEO Gabriel Plotkin said hes gotten racist and profane texts from Redditors. SAC's founder, Steven A. Cohen, proceeded to return all outside capital and established a family office instead, which he called Point72 Asset Management. Two other firms invested . Gabriel was on in Portland, Maine and this is where he grew up. For those interested in acquiring the original data from the source, heres where our data comes from: Enter a nonprofit's name, a keyword, or city, https://projects.propublica.org/nonprofits. According to Forbes, Plotkin earned about $300 million in compensation in 2017, making him the 20th highest-paid hedge fund manager that year. Numerous searches have not turned up any official social media accounts that are accessible by the public. Gabriel "Gabe" Plotkin is an American hedge fund manager who has a net worth of $400 million. But on Wednesday, Melvin filed an amended version of the document disclosing that as of December 31 it held put positions in an additional eight companies not previously known. covered) its short position in GameStop on January 26 in the afternoon, although CNBC could not confirm the amount that Melvin Capital lost. Three of them surged in price through late January. Your email address will not be published. There were bits of gossip about Yaara Bank-Plotkin and Gabe Plotkin getting separation on January 31, 2021. The redditers banded together to perform a "short squeeze", where the price of the stock is sent rocketing upward, causing the short sellers to lose massive amounts of money very quickly. Gabriel and Yaara got married in the year 2006. WallStreetBets may seem sophisticated or chaotic from the outside, but the fact that were here today means that theyve been successful in raising important questions about fairness and opportunities in our financial system, Huffman said. If it is your nonprofit, add a problem overview. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. View the profiles of people named Gabriel Plotkin. (W99). Prior to starting Melvin Capital, Plotkin was a trader at Steve Cohens SAC Capital, where he managed a portfolio of mostly consumer stocks valued at about $1.3 billion. Gabriel Plotkin has a rich personal life as well as a busy career. He graduated from Northwestern University with an Economics degree in 2001. Gabriel and Yaara Plotkin Family Foundation cannot currently be evaluated by our Impact & Results methodology because either (A) it is eligible, but we have not yet received data; (B) we have not yet developed an algorithm to estimate its programmatic impact; (C) its programs are not direct services; or (D) it is not heavily reliant on While Reddit users encouraged each other to negotiate in the opposite direction of Melvins investments, they also took personal attacks on Plotkin, he said. 09/07/2021 GABRIEL AND YAARA PLOTKIN FAMILY FOUNDATION NEW YORK, NY 10019 EIN: 46-4942784 This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data. Mr. Plotkin is married to Yaara Bank-Plotkin. to get more GuideStar Nonprofit Profile data today! These times of financial uncertainty require soccer agents to have a clear picture of each club's spending power. The IRS Form 990 is an annual information return that most organizations claiming federal tax-exempt status must file yearly. Melvin became a prime target for newbie traders on Reddits WallStreetBets forum because he had taken a short position on GameStop, meaning he was betting the struggling video game retailers share price was going to lower. Hedge Fund Manager. Sign up to get ProPublicas biggest stories delivered straight to your inbox. He established Melvin Capital, a fund that was named in honor of his late grandfather. Best Items to Donate to an Animal Shelter, Donors Prefer Charities that Earn All Four Beacons, Learn more about the BMF on the IRS website, Click here to search for this organization's Forms 990 on the IRS website. The acquisition valued the Hornets at $1.5 billion. Tradewater creates, develops, and implements high value projects that reduce greenhouse gas emissions. Melvin Capital also contended that rumors of the fund intending to file for bankruptcy are false. Want to see how you can enhance your nonprofit research and unlock more insights? Bank was brought up in New York, USA, and her ethnicity is American. Gabes organization was valued at $12.5 billion preceding enduring a tremendous misfortune. They gained considerably due to the problems faced during the launch of Cyberpunk 2077. These included GameStop, AMC Networks, Cryoport, First Majestic Silver, GSX Techedu, and Simon Property Group. You're faster than our page! This was not long after the legal trouble and allegations of wrongdoing by the SEC. He started his career under Ken . This data is only available if this charity has at least one year of electronically-filed Form 990 data filed within the last six years. Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats. The total assets subtleties and the subtleties of Yaara Bank-Plotkins compensation and profit are kept hidden. Your donation attempt encountered a problem. 4 0 obj This was about 32% of all the recorded Plotkin's in USA. And what they have learned has lessons for understanding where generative AI models may go. He still manages assets of around $12.5 billion through Melvin Capital. endobj In any case, shares of ViacomCBS, Melvins largest put position among the newly revealed eight, rose roughly 50 percent for the month through January 27. Melvin Capital's Gabriel Plotkin has been in the news quite a bit recently after his hedge fund may have posted a loss in the billions in the stock market shorting GameStop. If you have used our data or site in your research or reporting, add credit and a link to Nonprofit Explorer in your story or publication and let us know. How Soccer Agents Gabriele And Valerio Giuffrida Tackle The Transfer Markets Financial Challenges, Why Its Difficult To Predict Where GPT And Other Generative AI Might Take Us, Sunday Conversation: Aly & AJ On New Music, Favorite Los Angeles Spots, Peter Gabriel and Their Creative Renaissance. loading and try your donation again. Gabriel was on in Portland, Maine and this is where he grew up. By Svea Herbst-Bayliss. This data release includes only a subset of what can be found in the full Form 990s. WallStreetBets has a reputation for being rude and rude. By 2018 the funds assets under management had ballooned to $3.5 billion. Read the API documentation . This data release includes only a subset of what can be found in the full Form 990s. The most Plotkin families were found in USA in 1920. He was called Portfolio Manager B in the scandal. Gabriel and Yaara Plotkin Family Foundation cannot currently be evaluated by our Impact & Results methodology because either (A) it is eligible, but we have not yet received data; (B) we have not yet developed an algorithm to estimate its programmatic impact; (C) its programs are not direct services; or (D) it is not heavily reliant on contributions from individual donors.Note: The absence of a score does not indicate a positive or negative assessment, it only indicates that we have not yet evaluated the organization. Bank-Plotkin carries on with a private life as she has not unveiled any insights regarding her family, guardians, kin, and foundation. Contact Information. Founder and CEO of Melvin Capital (from 2014-2022) Net worth: $400 million (estimated) Before Melvin Capital, Plotkin worked at SAC Capital under Steve Cohen. There is no way of knowing from public documents how long Melvin held these options positions, whether Melvin increased or decreased its bets throughout the month, or if it also had outright short positions on any of the stocks. Duplicated download links may be due to resubmissions or amendments to an organization's original return. Plotkin was allegedly forwarded several emails by Steinberg and others that contained insider information. He is survived by his children Danny (Gretchen), Gary (Helene) and Nancy (Bob) and his beloved. Just two of the stocks prices did not move in a meaningful manner. However, during January 2021, he reportedly lost $460 million due to his funds collapsing. He currently serves as the Chief Investment Officer of the hedge fund that he established. Plotkin discussed the GameStop drama before the U.S. House of Representatives Committee of Finance Services on Thursday, Feb. 18.
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Small organizations filing a Form 990N "e-Postcard" are not included in this data. The Giving Basket is having some issues. SACs founder,Steven A. Cohen, proceeded to return all outside capital and established a family office instead, which he called Point72 Asset Management. During the testimony, Plotkin explained that Melvin Capital shorted GameStop stock because the firm did and still does believe that the retail chains business model is being overtaken by video game downloads. 2020. Gabriel Plotkins net worth reportedly tumbled in January 2021 as Reddit users targeted his Melvin Capital Management in a GameStop short squeeze. He is Jewish. Gabe Plotkin is the CIO of Melvin Capital. Gabe and Yaara also have two beautiful kids, a son, and a daughter. In February, Melvin posted a 22% gain; even with this addition, Melvin will need to produce an additional 75% gain for earlier clients before they break even. . to try again. Since its inception six years ago, Melvin had held the position because the fund believed GameStops business model of selling video games in physical stores was overtaken by digital downloads via the Internet, Plotkin said. Gabe Plotkin Net Worth: Gabriel "Gabe" Plotkin is an American hedge fund manager who has a net worth of $400 million. Yaaras Twitter bio isnt accessible as she isnt dynamic on any online media stages, for example, Instagram, Twitter, Facebook, and TikTok. Two surged around 50 percent through January 27, while three others rose at least 20 percent over the same period. The firm, which is named after Gabes grandfather, quickly raised $1 billion in capital. 2023 Celebrity Net Worth / All Rights Reserved. We welcome all corrections and feedback using the button below. According to Chabdic, Mr. Plotfin and his wife both Yaara are both passionate about the land of Israel. In fact, Bloomberg reports that Plotkin went from making about $850 million in 2020and ranking among the top 15 hedge fund managersto losing an estimated $460 million as Melvin Capital lost 53 percent in January. Gabe Plotkin is the CIO of Melvin Capital. Read the full story . After he graduated from Northwestern, Gabriel accepted a job at SAC Capital. Total assets. There are no subtleties present about Yaara Bank-Plotkins youngsters. Please share any feedback you have about Foundation Directory Online. The couple married in 2006 and are still together. Analyze a variety of pre-calculated financial metrics Access beautifully interactive analysis and comparison tools $400 Million. Melvin Capital Founder Gabriel Plotkin Reportedly Lost $460 Million in Short Squeeze By Dan Clarendon Feb. 23 2021, Published 10:59 a.m. Gabe is best-known for being the founder of Melvin Capital Management which had a public spat with a community of redditers in 2021 over the company GameStop. Copyright 2023 Market Realist. Updated Feb 18, 2021 at 5:13 PM. by Bana Miller. }p . Yaara had petitioned for the separation, and the explanation was hopeless contrasts between the two. He also told the committee that he named Melvin Capital after his grandfather, the owner of a convenience store. The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. He covered the shorts and is continuing to move forward in his business despite the loss. <>
Gabriel and YAARA Plotkin Family Foundation. That's a big number, but it is still the lowest such combined earnings figure since the financial crisis. Melvin Capital CEO Gabriel Plotkin said hes gotten racist and profane texts from Redditors. SAC's founder, Steven A. Cohen, proceeded to return all outside capital and established a family office instead, which he called Point72 Asset Management. Two other firms invested . Gabriel was on in Portland, Maine and this is where he grew up. For those interested in acquiring the original data from the source, heres where our data comes from: Enter a nonprofit's name, a keyword, or city, https://projects.propublica.org/nonprofits. According to Forbes, Plotkin earned about $300 million in compensation in 2017, making him the 20th highest-paid hedge fund manager that year. Numerous searches have not turned up any official social media accounts that are accessible by the public. Gabriel "Gabe" Plotkin is an American hedge fund manager who has a net worth of $400 million. But on Wednesday, Melvin filed an amended version of the document disclosing that as of December 31 it held put positions in an additional eight companies not previously known. covered) its short position in GameStop on January 26 in the afternoon, although CNBC could not confirm the amount that Melvin Capital lost. Three of them surged in price through late January. Your email address will not be published. There were bits of gossip about Yaara Bank-Plotkin and Gabe Plotkin getting separation on January 31, 2021. The redditers banded together to perform a "short squeeze", where the price of the stock is sent rocketing upward, causing the short sellers to lose massive amounts of money very quickly. Gabriel and Yaara got married in the year 2006. WallStreetBets may seem sophisticated or chaotic from the outside, but the fact that were here today means that theyve been successful in raising important questions about fairness and opportunities in our financial system, Huffman said. If it is your nonprofit, add a problem overview. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. View the profiles of people named Gabriel Plotkin. (W99). Prior to starting Melvin Capital, Plotkin was a trader at Steve Cohens SAC Capital, where he managed a portfolio of mostly consumer stocks valued at about $1.3 billion. Gabriel Plotkin has a rich personal life as well as a busy career. He graduated from Northwestern University with an Economics degree in 2001. Gabriel and Yaara Plotkin Family Foundation cannot currently be evaluated by our Impact & Results methodology because either (A) it is eligible, but we have not yet received data; (B) we have not yet developed an algorithm to estimate its programmatic impact; (C) its programs are not direct services; or (D) it is not heavily reliant on While Reddit users encouraged each other to negotiate in the opposite direction of Melvins investments, they also took personal attacks on Plotkin, he said. 09/07/2021 GABRIEL AND YAARA PLOTKIN FAMILY FOUNDATION NEW YORK, NY 10019 EIN: 46-4942784 This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data. Mr. Plotkin is married to Yaara Bank-Plotkin. to get more GuideStar Nonprofit Profile data today! These times of financial uncertainty require soccer agents to have a clear picture of each club's spending power. The IRS Form 990 is an annual information return that most organizations claiming federal tax-exempt status must file yearly. Melvin became a prime target for newbie traders on Reddits WallStreetBets forum because he had taken a short position on GameStop, meaning he was betting the struggling video game retailers share price was going to lower. Hedge Fund Manager. Sign up to get ProPublicas biggest stories delivered straight to your inbox. He established Melvin Capital, a fund that was named in honor of his late grandfather. Best Items to Donate to an Animal Shelter, Donors Prefer Charities that Earn All Four Beacons, Learn more about the BMF on the IRS website, Click here to search for this organization's Forms 990 on the IRS website. The acquisition valued the Hornets at $1.5 billion. Tradewater creates, develops, and implements high value projects that reduce greenhouse gas emissions. Melvin Capital also contended that rumors of the fund intending to file for bankruptcy are false. Want to see how you can enhance your nonprofit research and unlock more insights? Bank was brought up in New York, USA, and her ethnicity is American. Gabes organization was valued at $12.5 billion preceding enduring a tremendous misfortune. They gained considerably due to the problems faced during the launch of Cyberpunk 2077. These included GameStop, AMC Networks, Cryoport, First Majestic Silver, GSX Techedu, and Simon Property Group. You're faster than our page! This was not long after the legal trouble and allegations of wrongdoing by the SEC. He started his career under Ken . This data is only available if this charity has at least one year of electronically-filed Form 990 data filed within the last six years. Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats. The total assets subtleties and the subtleties of Yaara Bank-Plotkins compensation and profit are kept hidden. Your donation attempt encountered a problem. 4 0 obj This was about 32% of all the recorded Plotkin's in USA. And what they have learned has lessons for understanding where generative AI models may go. He still manages assets of around $12.5 billion through Melvin Capital. endobj In any case, shares of ViacomCBS, Melvins largest put position among the newly revealed eight, rose roughly 50 percent for the month through January 27. Melvin Capital's Gabriel Plotkin has been in the news quite a bit recently after his hedge fund may have posted a loss in the billions in the stock market shorting GameStop. If you have used our data or site in your research or reporting, add credit and a link to Nonprofit Explorer in your story or publication and let us know. How Soccer Agents Gabriele And Valerio Giuffrida Tackle The Transfer Markets Financial Challenges, Why Its Difficult To Predict Where GPT And Other Generative AI Might Take Us, Sunday Conversation: Aly & AJ On New Music, Favorite Los Angeles Spots, Peter Gabriel and Their Creative Renaissance. loading and try your donation again. Gabriel was on in Portland, Maine and this is where he grew up. By Svea Herbst-Bayliss. This data release includes only a subset of what can be found in the full Form 990s. WallStreetBets has a reputation for being rude and rude. By 2018 the funds assets under management had ballooned to $3.5 billion. Read the API documentation . This data release includes only a subset of what can be found in the full Form 990s. The most Plotkin families were found in USA in 1920. He was called Portfolio Manager B in the scandal. Gabriel and Yaara Plotkin Family Foundation cannot currently be evaluated by our Impact & Results methodology because either (A) it is eligible, but we have not yet received data; (B) we have not yet developed an algorithm to estimate its programmatic impact; (C) its programs are not direct services; or (D) it is not heavily reliant on contributions from individual donors.Note: The absence of a score does not indicate a positive or negative assessment, it only indicates that we have not yet evaluated the organization. Bank-Plotkin carries on with a private life as she has not unveiled any insights regarding her family, guardians, kin, and foundation. Contact Information. Founder and CEO of Melvin Capital (from 2014-2022) Net worth: $400 million (estimated) Before Melvin Capital, Plotkin worked at SAC Capital under Steve Cohen. There is no way of knowing from public documents how long Melvin held these options positions, whether Melvin increased or decreased its bets throughout the month, or if it also had outright short positions on any of the stocks. Duplicated download links may be due to resubmissions or amendments to an organization's original return. Plotkin was allegedly forwarded several emails by Steinberg and others that contained insider information. He is survived by his children Danny (Gretchen), Gary (Helene) and Nancy (Bob) and his beloved. Just two of the stocks prices did not move in a meaningful manner. However, during January 2021, he reportedly lost $460 million due to his funds collapsing. He currently serves as the Chief Investment Officer of the hedge fund that he established. Plotkin discussed the GameStop drama before the U.S. House of Representatives Committee of Finance Services on Thursday, Feb. 18. Devin Scillian Political Party,
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