Richard Chilton

From Wikipedia, the free encyclopedia
Richard Lockwood Chilton Jr.
Born (1958-06-10) June 10, 1958 (age 63)
Ho-Ho-Kus, New Jersey
OccupationHedge fund manager
EmployerChilton Investment Company
Known forfounder of Chilton Investment Company
TitleChairman, CEO and CIO
Board member ofChilton Family Foundation
Metropolitan Museum of Art
Pierpont Morgan Library
Darien Foundation for Technology and Community

Richard Lockwood Chilton Jr. (born June 10, 1958) is an American businessman and investor. He is the founder, Chairman, CEO and Chief Investment Officer of Chilton Investment Company, a global investment management firm, which as of June 2014 had roughly $4 billion assets under management.[1] Chilton is also the founder, Chairman, and Chief Investment Officer of Chilton Trust Company, a private, independent fiduciary wealth management company.[2][3][4][5]

Early life and education[]

Chilton grew up in New Jersey. Raised with three siblings, he is the oldest son of Richard Chilton Sr. and Elizabeth Chilton. His father was an advertising executive in New York City and his mother was a historic preservationist, artist and horticulturalist.[6][7]

Chilton received a Bachelor of Science degree in Finance and Economics from Alfred University.[8]

Career[]

Chilton began his career at Merrill Lynch in mergers and acquisitions. In 1983 he became an analyst for Alliance Capital, and in 1990 he worked at Allen & Company, a private bank.[9][8]

In 1992, Chilton left Allen & Company to form Chilton Investment Company with $5 million.[9] The company is headquartered in Connecticut with offices in New York City, Palm Beach, London, and Hong Kong.[10]

Philanthropy[]

Chilton stated that his two main priorities are the environment and culture.[10] Chilton and his wife serve as directors of the Chilton Family Foundation, which prior to 2012, gave $2–5 million annually. The Chilton Family Foundation has donated at least $30 million.[10]

Chilton sits on the board of trustees of the Metropolitan Museum of Art. In 2010, Chilton donated approximately $200,000 to the museum and in 2011 donated over $2 million. Chilton and his wife are also on the Director’s Roundtable at the Pierpont Morgan Library, where the Chilton Family Foundation donated substantially in 2009. In 2006, he gave $1.2 million to the land trust in Darien, CT. Chilton is also Chairman Emeritus of the Darien Foundation for Technology and Community, which funds projects for technology and education, where he donated $300,000 in 2011.[10]

Chilton is a former board member of the Robin Hood Foundation, a charitable organization which attempts to alleviate problems caused by poverty in New York City, to which he gave nearly $6 million. He is also Chairman Emeritus of Greenwich Academy, a girls' school in Greenwich, Connecticut.[10][11] Chilton and his wife also run scholarship programs for students at universities in Chengdu, China.[10]

Wealth[]

In 2012, Chilton made the Forbes 400 list and in 2015, he ranked #1533 on Forbes' list of wealthiest people.[12][10]

He is also a landowner in Dorset, England, with an interest in the Crichel Down estate. [13]

Personal life[]

In 2006, Chilton co-founded Hourglass Wine Company in Napa Valley, and in 2017 authored Adventures with Old Vines: A Beginner’s Guide to Being a Wine Connoisseur.[14][15]

Chilton is married to his wife Maureen and together they have 4 children. Chilton resides in Darien, Connecticut.[12]

References[]

  1. ^ Lopez, Linette (June 24, 2014). "3 Things You Can't Say In Your Hedge Fund Interview". Business Insider. Retrieved 13 August 2016.
  2. ^ Chilton Investment Company - Portfolio Managers - Richard L. Chilton, Jr
  3. ^ PIOnline : Subscription Center
  4. ^ Q&A with Richard L. Chilton Jr., Chairman and Chief Investment Officer, Chilton Trust Company LLC - The Boardroom Brief
  5. ^ Richard Chilton: Executive Profile & Biography - Businessweek
  6. ^ "Obituary of Richard Lockwood Chilton Sr". Hoyt Funeral Home. 26 March 2019. Retrieved 11 November 2019.
  7. ^ "Obituary: Elizabeth W. Chilton, 81, active in preserving history". New Canaan Advertiser. 5 March 2013. Retrieved 11 November 2019.
  8. ^ a b "RICHARD L. CHILTON, JR". Chilton Investment Company. Retrieved 13 August 2016.
  9. ^ a b Williamson, Christine (15 November 2010). "Worked his way up: Face to face with Richard L. Chilton Jr". Pensions&Investments. Retrieved 11 November 2019.
  10. ^ a b c d e f g "Richard Chilton". Inside Philanthropy. Retrieved 13 August 2016.
  11. ^ "ROBIN HOOD BOARD OF DIRECTORS". Robin Hood. Robin Hood. Retrieved 13 August 2016.
  12. ^ a b "Richard Chilton Jr". Forbes. Retrieved 13 August 2016.
  13. ^ Shrubsole, Guy. "The ten landowners who own one-sixth of Dorset". Who Owns England?.
  14. ^ Hennessy, Christina (5 March 2018). "Pull the cork: Darien oenophile shares decades of knowledge in new book". CT Post. Retrieved 1 January 2019.
  15. ^ Heid, Markham (11 December 2017). "11 Napa Valley Wines That Will Change Your Life". Men’s Health. Retrieved 1 January 2019.
Retrieved from ""