Thomas D. Klingenstein Biography
Thomas D. Klingenstein is a highly respected BusinessMan and investor who has shown great passion for making a positive impact in the Society.
As a co-founder, CEO and the executive Chairman of Cohen and Steers, Thomas D. Klingenstein has successfully pushed the company to become one of the global leaders of investment management.
Over his 40 years career, he has shown huge Leadership qualities as well as expertise in Human capital development, this has brought so much honor and respect to his personality.
Under the guidance of Klingenstein, Cohen and Steer has continued to grow at a very positive speed, his commitments to excellence and strategic vision has been very instrumental in helping to shape the overall approach of the company as well as investment philosophy.
His achievements are not just on his professional field, Thomas D. Klingenstein is a very dedicated Philanthropist who has touched so many lives in his lifetime,He has shown public support to different humanitarian causes even without being asked, he’s impacted the society especially in areas of Education and healthcare, his generosity to given back to the society at every opportunity made people to love him even more, Through his very remarkable career and philanthropic efforts, he has brought smile to the faces of many who ordinary wouldn’t get it, His legacy has been an inspiration to Humanity,
He is a man with two unique qualities, Powerful leadership and unmeasurable generosity.
Thomas D. Klingenstein Early Life and Education:
Thomas D. Klingenstein grew up in a business family that loves and supports Education. He graduated with a degree in Economics at the Famed William College, a very highly respected institution, after which he was enrolled at the University of Chicago where he would get a Master’s degree in business.
Thomas D. Klingenstein early life and education laid the foundation for his future success.
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Thomas once managed a huge investment portfolio that worth a whopping$2.3 billion, this obviously is not surprising because he comes from a family with rich history of investors.
His grandfather was also popular investor who made good money from hosts of investments, Klingensten also started a Trust Fund that’s responsible for giving grants to good cause, He’s a writer who has published several articles on well-known publications, he’s also a huge supporter of former President Donald Trump and he’s been seen on several occasions giving speeches supporting the ex president.
He is a man of many talents who’s a playwright too, in one of his plays named “If Only: he narrated a fictional story about Former President Abraham Lincoln who helped a couple Fall in Love.
Philanthropic Life
Thomas D. Klingenstein is the founder and head of the Thomas D. Klingenstein Fund, a philanthropy organization that is based in New Jersey. As the largest Donor to the Claremont Institute, the organization has donated a whopping$19 million since the beginning of 2005.
Just in 2021 alone, Klingensten was responsible for the contribution of an outrageous $1.97 million this is currently the largest donation to Claremont till date. He’s also been credited with some Political donations that are in the region of $666,000 from the year 1992 to 2016.
Just recently, Klingensten has thrown huge support and Commitment to Republican candidates as well as the Political action committee. He’s donated huge sums up to a staggering$11.6 Million since the beginning of 2020, a significant chunk of this amount, about $7 million, has gone to Club for Growth Action.
Even with such a large amount of support, Klingensten has always been of the opinion that the Claremont Institute has been”increasingly less reliant” on him when it comes to funding. He has through his philanthropic pursuits shown that he’s always ready to get committed and support whatever he believes in and at any level provided it is in line with his goals and values, when you look at the impact his generosity has made on both organization and individuals he’s supported, you will be shocked at the level he goes to impacting positively in the society.
Through his funds and foundation, he’s been able to make a whole lot of difference in the Life of some many people that has come across him, and you can not equally deny that he’s been instrumental in influencing some Political discourses, His act of generosity as well as contribution and commitment has been very significant and far-reaching, and there’s no doubt his legacy will likely continue to be felt for years to come.
Family Life Of Thomas D. Klingenstein
Thomas D. Klingenstein is not only a Philanthropist, he’s equally a family man, he’s married to his wife, Nancy Perlman. In 2005, to show how much he appreciates his wife, he commissioned a dance from Elisa Monte dance as a birthday gift to his wife whom they have children with.
His family is so important to him, on so many occasions, he has spoken about the value of family to him. Klingensten’s grandfather was also a successful investor and also a businessman.
On so many occasions, Thomas Klingensten has always been vocal on the influences of his own grandfather on his own career, as a Father, he also discussed the importance of passing on his own values to his children just as his grandfather had done to him, His family has been actively support and involved in charitable contributions, despite how busy he could be at most times, he’s always paid attention to his family and he often makes out time for them
Net Worth
Now Thomas D. Klingenstein is a hard-working man who is blessed with wealth. According to various reputable sources, his net worth is estimated to be around a whopping $500 million.
This is not surprising considering the fact he has a very successful career in not only investments and management but also his stake and ownership at Cohen and Steers as a leading global investment manager.
Thomas has built a serious reputation as a very shrewd investor and a business leader, no wonder his company has continuously delivered very strong returns for him and other investors.
Thomas D. Klingenstein’s net worth is also boosted by his several philanthropic efforts that have mainly focused on education and Healthcare related issues, he has donated several millions to different organizations and institutions, and has always shown commitment towards giving back to the society at every point in time.
Although his net worth fluctuates based on economic factors, one thing we can’t remove from him is the fact that he has a successful track record and diversified investments which have likely helped him to build a significant amount of wealth over his lifetime
Here we have a rough breakdown of Thomas D. Klingenstein’s estimated net worth:
- $500 million (estimated net worth)
- $200 million (ownership stake in Cohen & Steers)
- $150 million (investment returns and dividends)
- $50 million (philanthropic efforts and donations)
- $100 million (other assets and investments)
There’s no doubt Thomas D. Klingenstein
Has touched so many lives and impacted so many people and organizations, The Journalist Cum Playwright is a renowned philanthropist who never fails to give back to the society at any point in time, valued at $500 million he has contributed significantly to the continued growth of organizations such as Claremont Institute. It doesn’t look like he’s stopping anytime soon as he continues to touch Lives and organizations.