Kyle Bass Net Worth, Age, Height, Bio, Birthday, Wiki!

Explore Kyle Bass net worth, age, height, bio, birthday, wiki, and salary! In this article, we will discover how old is Kyle Bass? Who is Kyle Bass dating now & how much money does Kyle Bass have?

Kyle Bass Biography

Kyle Bass is one of the most popular and richest Businessperson who was born on September 7, 1969 in Miami, Florida, United States.

J. Kyle Bass (born September 7, 1969) is an American hedge fund manager. He is the founder and principal of Hayman Capital Management, L.P., a Dallas-based hedge fund focused on global events.

In 2001, he joined Legg Mason, signing a five-year deal to form the firm’s first institutional equity office in Texas. Bass told his hiring managers, “In five years and one day, I [will] be launching my own firm.” While at Legg Mason, Bass advised hedge funds and other institutional clients on special situation investment strategies.

Ethnicity, religion & political views

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Before founding Hayman Capital Management in 2005, Bass briefly worked at Prudential Securities from 1992-1994 before joining Bear Stearns in 1994. At Bear Stearns, he rose through the ranks rapidly, becoming a senior managing director at the age of 28 – among the youngest in the firm’s history to carry such a title.

Kyle Bass Net Worth

Kyle Bass is one of the richest Businessperson from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Kyle Bass's net worth $5 Million. (Last Update: December 11, 2023)

Bass was born on September 7, 1969, in Miami, Florida, where his father managed the Fontainebleau Hotel. His father later moved the family to Dallas, Texas where he managed the Dallas Convention and Visitors Bureau. Bass attended Texas Christian University on an academic and Division I diving scholarship. Among other accomplishments, Bass was a proud member of the collegiate social fraternity, Kappa Sigma, at Texas Christian University from 1989 to 1991 but parted ways from the fraternity prior to graduation. In 1992, Bass graduated with honors, earning a B.B.A. in finance with a concentration in real estate.

Bass first began formulating his subprime strategy after he met with an investment banker from New York while attending a wedding in Spain where they discussed how and why the Subprime Mezzanine CDO business existed. After returning to the US, Bass hired several private investigators to determine the ease of obtaining a mortgage. Bass spent a significant amount of time studying the residential mortgage market and performed research to identify which residential mortgage backed securities (RMBS) composed of low-quality mortgages were most likely to default. This investment thesis was expressed by purchasing credit default swaps against the securitizations he deemed to be most unstable, which essentially was a manner of shorting the bonds using synthetic instruments. After purchasing the positions for his flagship fund in 2006, Bass raised additional capital for a special fund dedicated exclusively to capitalizing on the opportunity that existed in the market place. Bass managed or advised over $4 billion of positions in subprime RMBS.

In December 2007, after a wave of foreclosures had swept across the US, Bass was featured on Bloomberg TV as making a fortune betting against these subprime securities.

Height, Weight & Body Measurements

Kyle Bass height Not available right now. Leonor weight Not Known & body measurements will update soon.

In December 2005, when Legg Mason sold the portion of the business where he worked, Bass left Legg Mason and started Hayman Capital Management to serve as the investment manager to a “global special situations” hedge fund that he planned to launch. Bass launched Hayman Capital Management, L.P. with $33 million in assets under management – $5 million he had saved on his own and the balance he had raised from outside investors. Shortly after launching the hedge fund in February 2006, Bass became convinced that there was a residential real-estate bubble in the United States one of the few investors to successfully predict and benefit from the subprime mortgage crisis, bringing him fame in the financial services industry.

The long term performance of Hayman Capital’s flagship fund is described by the New York Post as “small caliber”. In the period from 2008 to mid-2015, the flagship fund experienced a very modest annualized performance of 1.56%. The flagship fund had a tremendously successful year in 2007, having gained 212%, based on the subprime mortgage meltdown bet that brought fame to Bass. The fund also gained 16% in 2012 based on bets on Greek debt. The fund lost 1.4% in 2014 and suffered its worst year in 2017 with a 19% loss (in contrast to a 19% surge of the S&P 500) due to Hayman’s misplaced short on a collapse in the Chinese yuan.

Who is Kyle Bass Dating?

According to our records, Kyle Bass is possibily single & has not been previously engaged. As of December 1, 2023, Kyle Bass’s is not dating anyone.

In 2007, Bass testified as an expert witness before the U.S. House Financial Services Subcommittee on Capital Markets and Government-Sponsored Enterprises. During his testimony, he addressed: i) the role of credit rating agencies in the structured finance market and ii) policy measures that could be taken to minimize inherent conflicts of interest between rating agencies and issuers.

Facts & Trivia

Leonor Ranked on the list of most popular Businessperson. Also ranked in the elit list of famous people born in United States. Kyle Bass celebrates birthday on September 7 of every year.

In 2008, Bass successfully predicted and effectively bet against the U.S. subprime mortgage crisis by purchasing credit default swaps on subprime securities which, in turn, increased in value when the real estate bubble burst.

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