Chris Shumway Net Worth

Chris Shumway Net Worth – Left to right, UVA Chancellor Whittington Clement, Virginia First Lady Suzanne Youngkin, Kerry Shumway, President Jim Ryan, Chris Shumway and McIntyre School of Business Dean Nicole Thorne Jenkins launched the school’s new expansion, in Mitte. Put it down. (Photo by Dan Addison, University Communications)

The University of Virginia’s McIntyre School of Business broke ground on Friday for a more than $100 million expansion project that will include the construction of Shumway Hall, a renovated Cobb Hall, and more green space and meeting spaces.

Chris Shumway Net Worth

Chris Shumway Net Worth

A ceremony, including remarks from UVA President Jim Ryan and Virginia First Lady Suzanne Youngkin, was held on the front lawn of Ross Hall to recognize the continued growth of one of the nation’s best business schools.

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In addition to being known for its world-class faculty, interdisciplinary research centers and undergraduate academic programs, dynamic leadership, innovative students and alumni, McIntire, Ryan said, works like a family.

Chris Shumway Net Worth

Shumway Hall, powered by a $30 million gift from the Chris and Carrie Shumway Foundation, is the centerpiece of this expansion project. This modern, high-tech, student-focused building is expected to be a hub for Business School students and university partnerships, featuring flexible classrooms, a private event space, technology and innovation labs, a restaurant, and student spaces. and different. rest areas. .

Of the $30 million gift, most will go to state-of-the-art facilities and $5 million will build professorships to learn and teach at the intersection of biomedical science and business. The gift furthers collaborative efforts between the McIntyre School and the UVA School of Medicine to create academic offerings that integrate business concepts into the study of biological sciences and healthcare leadership.

Chris Shumway Net Worth

Meredith Shumway At Grazia Celebrates Gazette: The Hamptons Volume Ii Cover Star Tracy Anderson / Id

Chris Shumway, McIntire alumnus 1988, hopes his foundation’s funding will help students and faculty identify their personal goals and help them make a lasting impact on society. (Photo by Dan Addison, University Communications)

“Ultimately, we need more global citizens who can change society and create a sense of community to unite us,” said Chris Shumway, a 1988 graduate of the McIntyre School. social culture that continues after graduation, and has had a very positive impact on those associated with the school.

Chris Shumway Net Worth

“That’s it.” How can we help create better global citizens with the skills to innovate and build a better society? I hope that this investment made by our foundation will help many students and teachers achieve their personal goals, as well as make a lasting impact on society,” he said.

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As Shumway Capital Management, Shumway oversees a wide range of investments in long-term, high-growth businesses. In addition to being a trustee of his foundation, Shumway serves on the board of the McIntire Foundation and chairs the board of the Stamford High School, a free, public preschool in Stamford, Connecticut – a fourth-grade school. charter. He also serves as a visiting professor at McIntire, teaching “Global Macro Investments.”

Chris Shumway Net Worth

Ryan called Shumway “one of the pioneers every president and dean aspires to have” and acknowledged his strong advocacy for UVA.

McIntyre School Principal Nicole Thorn Jenkins honored Shumway with a university chair inscribed with his name, graduation date and a plaque that reads, “Building the Next Century.”

Chris Shumway Net Worth

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Dan Jenkins said the story of Shumway Hall is “the story of a business school in need and Chris and Carrie Shumway’s shared vision for a new high-end facility that is fully focused on the student experience.” (Photo by Dan Addison, University Communications)

“Chris,” Jenkins told him, “when the university gives a chair like this to a scholar, it’s because we see the contribution you’ve made to your profession, your teacher and the world at large.” The community is like our most respected friends.

Chris Shumway Net Worth

“For us, this is the most prestigious recognition we can bestow at the McIntire School of Business. So, Chris, congratulations on this recognition. It’s well deserved.”

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The McIntire School expansion project also includes a new ADA-compliant walkway from Brandon and Jefferson Park streets to the school and the rest of the grounds. The expanded building will provide the campus’ main entrance and access from the newly renovated Brandon Avenue to the lawn.

Chris Shumway Net Worth

“When I think about the thousands of people, from students to Charlottesville residents, walking through the beautiful new McIntire School building and welcoming them as they enter the grounds,” Ryan said, “it’s a reminder. That’s why we do it. what we do. As a public university, we are a place that serves the public good, and McIntire, as always, is fully focused on that mission with an emphasis on business.

McIntyre School’s Cobb Hall, built in 1917, will soon be renovated to include a beautiful foyer, two group classrooms, a comfortable double-height solarium and several group study areas, all through Jefferonian Keeping the space well.

Chris Shumway Net Worth

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As evidenced in Youngkin’s appearance — something noted by UVA Chancellor Whittington Clement — the importance of the project plays out strongly in the region.

Youngkin said it’s an honor to be on the field, especially in front of the McIntyre School building where “the school is a leader in offering America’s best and brightest business,” she said.

Chris Shumway Net Worth

She, too, thanked Shumway and is optimistic about the McIntire School’s role in influencing Virginia businesses in the years to come.

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“There is a lot of excitement in the Commonwealth about businesses moving here, growing here, investing here and being a place where McIntyre students can build their lives,” said Suzanne Youngkin. “And that is what we want. We want them to live here in the Commonwealth and we are committed to making it a new and exciting place, and we are excited to work with each and every one of you. “Lionel Massey buys Fort Lauderdale waterfront home Google finally gets its land as family leases property from expansion company Eyal Ofer wants to turn Mondrian Park Ave hotel into more than $150M Bridgeton with no debt approx. Free SF with an office building

Chris Shumway Net Worth

Emerging markets expert, hedge funder Robert Citron is used to looking offshore for his next investment.

His bet on Compass — and by extension the U.S. housing market — is much closer to home.

Chris Shumway Net Worth

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Citron’s Discovery Capital Management is Compass’ second-largest shareholder, with a 9.2 percent stake, according to Compass’ S-1 filing this week ahead of its upcoming public offering.

Discovery’s investment has not been previously reported, and the size of its stake is second only to SoftBank, which owns about 35 percent of the brokerage. The next largest shareholders are founder Ori Alvin, CEO Robert Rifkin and CTO Joseph Sarosh.

Chris Shumway Net Worth

A former high school wrestler who grew up in Pittsburgh, Citron, 56, was part of a group of investors known as the Tiger Cubs that worked for financial legend Julian Robertson’s Tiger Management.

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Citrone began his career as a corporate securities analyst at Fidelity in 1990 and joined Tiger in 1995. He left in 1999 to start Discovery Capital Management, based in South Norwalk, Connecticut, attracting capital from investors such as George Soros and Robertson. In 2012, he and his wife, Cindy, became minority owners of the Pittsburgh Steelers. He made the Forbes billionaires list in 2017, with a net worth of $1.1 billion, but dropped out the following year after posting several years of poor returns at Discovery.

Chris Shumway Net Worth

Unlike his active Twitter colleagues, such as Ten Point’s Daniel Loeb or Point 72’s Steven Cohen, Citron keeps a low profile, rarely speaking at investment conferences or making TV appearances. He likes Hawaiian shirts and Stellar gear. According to a 2013 Wall Street Journal profile, he has a notoriously dirty office, but makes the right bets in many areas.

“This guy is a walking encyclopedia,” investor Chris Shumway, formerly of Tiger, told the newspaper in a video. “He’s not an expert in everything all the time, but he tries to be an expert in the important things.”

Chris Shumway Net Worth

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As a “macro” hedge fund, Discovery explains broad market trends and economic trends, especially in emerging markets.

It now has $3.6 billion in assets under management, down from $12 billion in 2013, regulatory filings show. That year, its return in the first half of the year was 15 percent, among the best performance of a large hedge fund, according to news reports.

Chris Shumway Net Worth

Discovery invested in Compass next year, joining Salesforce’s Marc Benioff and Advance Publications in the startup’s $40 Series B. “We follow very successful businesses and [Ori] Allon was one of them,” Discovery said. said. Before founding Compass, Elon sold Google and Twitter.

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A few years later, the fund has bounced back and posted a “damaging profit” of 55.5 percent in 2020, according to the institutional investor. In January, it had a gain of 6.45 percent.

Chris Shumway Net Worth

Today, the fund is dominated by technology and healthcare options, according to WhaleWisdom, which compiles data on asset managers.

Discovery owns 4.5 million shares of data analytics company Palantir, for example, and the stock is now worth $107.7 million. And that

Chris Shumway Net Worth

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