Michael F. Price (born 1953-05-17) is a value investor and fund manager in Far Hills, New Jersey.
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He began his career in 1975 when he joined Max Heine at Mutual Series. In 1982, he became a full partner[1] and when Heine died in 1988, became the president and chairman. In 1996, Mutual Series was merged into Franklin Templeton Investments. In 1998, Price stepped down from day-to-day fund management duties but continued as chairman of the company, and in 2001, he left the firm to begin his own fund company.[2]
He is ranked 664 on Forbes' list of the world's billionaires.
He is married and has 4 children, and with an estimated current net worth of around $1.4 billion, he is ranked by Forbes as the 562-richest person in the world.[3]
He has donated tens of millions of dollars to his alma mater, the University of Oklahoma.[4] The OU College of Business, one of its buildings, and a large endowment bear his name.[5] The CCTM, officially opening in June 2008 at the Albert Einstein College of Medicine in the Bronx, bears his name too.
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