Eric Sprott

Eric Sprott (born 1944/45) is a Canadian billionaire businessman.

Eric Sprott
Born1944/1945 (age 77–78)[1]
NationalityCanadian
Alma materCarleton University
OccupationInvestor
Known forSprott School of Business
SpouseVizma Sprott
Children2

Early life

Sprott has a bachelor's degree from Carleton University.[1]

Career

Sprott started his career as a research analyst with Merrill Lynch, before becoming a fund manager.[1][2] In 2001, he sold his first company, Sprott Securities, to the company's staff, and donated $10 million to Carleton University, who renamed their business school, the Sprott School of Business.[1]

Sprott advised investors to buy gold before the 2008 financial crash.[3] Following the financial crisis, gold rallied to a new all-time high of over $2000/oz.[4]

He was the chairman of Sprott Inc, a Toronto-based asset management firm, from 2010 to May 2017.[2][3]

Sprott is a "long-time gold bull", and claims to hold 90% of his assets (except for Sprott Inc shares) in gold and silver.[2][1]

Personal life

Sprott is married to Vizma Sprott [5] and has two children, Juliana Haver and Larisa Sprott.[1][6]

References

  1. "Eric Sprott". Forbes.com. Retrieved 2017-06-14.
  2. Niall McGee (2017-04-07). "Gold-focused Sprott Inc. founder to step down as chair". The Globe and Mail. Retrieved 2017-06-14.
  3. "'Bay Street wizard' Eric Sprott, who told investors to 'Buy Gold' before the 2008 crash, will step down next month | Financial Post". Business.financialpost.com. Retrieved 2017-06-14.
  4. "2008 Financial Crisis Set Stage For Gold Rally". Kitco News. Retrieved 2021-10-03.
  5. Foundation, Toronto General & Western Hospital. "Eric and Vizma Sprott, through The Sprott Foundation, announce $25-million donation to UHN". www.newswire.ca. Retrieved 2022-12-29.
  6. Magazine, Sprott Department of Surgery. "Scrubbing in". www.uhn.ca. Retrieved 2021-08-10.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.