Get the latest scoop directly in your inbox. The Nasdaq was going crazy. Get this delivered to your inbox, and more info about our products and services. Named one of "The Richest in 2020" on "Forbes' Billionaire List with a $1.4 billion net worth, Laffont, who co-founded Coatue Management in 1999 with his brother, part-time Malibu resident . The upstairs level, meanwhile, houses four large bedrooms, including a master retreat with a balcony, expansive closet, and luxe spa-inspired bathroom with soaking tub and separate shower. At his February Las Vegas talk, Laffont was not pounding the table for tech stocks, saying you have a backdrop of stocks not being particularly cheap and not particularly expensive.. Some of Robertsother luxe residences include three apartments in an elegant, prewar building in Manhattans Gramercy Park area and a massive ranch in the semi-remote town of Taos, New Mexico. Another area where the firm has two major bets is in the vaccine makers. After a successful trial run managing internal capital in 2018, the quant-fund group was ready to work its magic on investor cash north of $350 million. Color has become the fresh fetish of the luxury watch industry. The hedge fund he constructed would eventually hire 15 people for its public investing team11 analysts and 4 partnerswith Laffont keeping tight control and making final investment decisions as the only portfolio manager. And they said that environment and a lack of buy-in for the strategy's philosophy at the very top of Coatue hobbled the heavily hyped fund. Tech-focused hedge fund investor Philippe Laffont has major bets on electric vehicles and health-care stocks, according to new securities filings. 6,151 square feet, 5 bedrooms, 6 bathrooms, Cody Ko Streams Into Reese Witherspoons Former Malibu Getaway, Late Actor Ray Liottas Longtime Palisades Home Sells to Some Goodfellas, Charm Meets Elegance at 1930s Traditional Home in Westwood, Ellen DeGeneres, Portia de Rossi Take Rare Loss on Montecito House, Revamped Century-Old Party House for Sale in Santa Barbara, Oprah Winfrey Sells Spare Montecito Ranch to Hollywood Filmmaker, Late Nordstrom Execs Elegant Seattle Home Hung on the Rack at $7.9 Million, Gloria Vanderbilts Former Townhouse Gets $11 Million Price Tag, Drakes Onetime Trousdale Estates Rental Mansion Is Back, Asking $62 Million. But the "tiger cub" usually demurred when it came to discussing business publicly. Born in Belgium, Laffont liked to tinker with computers while growing up in France, according to a video interview he gave to OneWire. Ce bel appartement de 65m2 en rez-de-jardin avec 2 chambres, dispose d'un accs direct la plage de Petit-Fort-Philippe depuis le fond du jardin. We want to hear from you! Ideal for a family on holiday or visiting professionals. An additional nanny room also features an ensuite bath. They . Philippe Laffont graduated from MIT in 1991 in computer science. While it seems unlikely that Roberts and Moder ever actually spent a night in the just-sold Malibu house, the modest cottage includes four cozy bedrooms and three bathrooms. The company has a financial strength rating of 5 out of 10. Find and book unique accommodation on Airbnb. In May 2019, though, two Coatue execs cofounder Thomas Laffont, Philippe's brother and the leader of the firm's private-investment strategies, and Alex Izydorczyk, its 26-year-old head of data science spoke for nearly 45 minutes at Domino Data Lab's Rev conference. And earlier this year, she paid $8.3 million for a historic home in San Franciscos searingly expensive Presidio Heights neighborhood. We want to hear from you! and M.Sc. Dirt is a part of Penske Media Corporation. Analyst Mark Mahaney shares his top two tech stock picks, giving one 152% upside, JPMorgan shares pop after the bank takes over embattled First Republic. Nancy Kogevinas of Berkshire Hathaway HomeServices represented Laffont;Daniel Encell, also of Berkshire Hathaway HomeServices, served as listing agent.