Prominent investor Bill Ackman's fund, Pershing Square, has delivered a 15.9% yearly gain since 2004. That track record beats the S&P 500 by over 5 points a year. A $1,000 investment with Ackman in 2004 would be worth over $25,000 today. In recent trading activity, Ackman sold 25% of his stake in a big tech giant for two AI rivals. He also launched a new way to back pre-IPO companies.
Beyond market holdings, Ackman contributed funds to a brain research center after his daughter experienced a hemorrhage.