John devaney hedge fund bio
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John devaney hedge fund bio wikipedia
“I don’t know much about being a millionaire, but I’ll bet I’d be a darling at it.” – Dorothy Parker
John Devaney’s personal net worth is about $250 million.
Fifteen years ago, he was a flat-broke college kid.
Today, he is the manager of a successful hedge fund. (And by “successful,” I mean his investors make good returns, not just John.) But his march from zero to an eight-figure net worth started with real estate.
In fact, it started while he was in college, with a video program on buying houses with – you guessed it – no money down.
Does that stuff really work?
“Hell yeah,” Devaney told The Financial Times.
John devaney hedge fund bio
“I ordered the videos on my Citibank credit card that had a $350 limit. And I bought a house where I cleared $500 a month in cash flow.”
From there, he became part-owner of a bar that made him $50,000 a summer for two summers.
By the time he graduated college, he owned a home,