Photo: via Zillow
Curbed’s Rob Bear reports that billionaire publishing heir/financier Dirk Ziff has recently listed his Katonah, New York mansion for $8.9 million. Ziff, who has an estimated net-worth of $4.4 billion, is the eldest son of the late publishing magnate William Ziff, Jr.
He and his brothers inherited their father’s fortune after he sold 95% of his publishing business to private equity firm Forstmann Little for $1.4 billion. With that money started Ziff Brothers Investments, which invests in a variety of asset classes, private equity and hedge funds, according to Forbes.
The Ziffs also provided seed money to hedge funder Daniel Och. In exchange, they got a 10 per cent stake in Och-Ziff, which is now a publicly traded hedge fund.
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