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Black-and-white portrait of a middle-aged white woman and older white man with glasses
Caryl and Israel Englander. DAVID X PRUTTING/BFA.COM

Caryl and Israel Englander

New York

Hedge fund management

Contemporary art; Contemporary photography; Modern art; Postwar art

Overview

Israel Englander is a billionaire hedge fund manager and one of the wealthiest people in the world with a net worth valued at $11.3 billion as of August 2022. Born in the Brooklyn neighborhood of Crown Heights to an Orthodox Jewish family who had come to the United States after time in a Soviet labor camp, Englander (also known as “Izzy”) first began trading stocks in high school and later graduated from New York University with a finance degree. He founded Millennium Management in 1989 with $35 million. According to Forbes, the firm now manages more than $35 billion. 

Englander and his wife Caryl have given millions of dollars to yeshivas and Jewish organizations, including the Jewish Museum. Israel sits on the board of Cornell Weill Medical Center, and Caryl, a photographer, is chair of the board at the International Center of Photography. In 2013, Caryl was one of the victims of a series of jewel heists at 740 Park Avenue in New York City. Her missing item? A $7,500 Vacheron Constantine gold watch. The couple has funded exhibitions at the Guggenheim Museum, as well as the Edward Steichen archives at the Museum of Modern Art.

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