Eric Sprott
Eric Sprott (born 1944/45) is a Canadian billionaire businessman.
Eric Sprott | |
---|---|
Born | 1944/1945 (age 77–78)[1] |
Nationality | Canadian |
Alma mater | Carleton University |
Occupation | Investor |
Known for | Sprott School of Business |
Spouse | Vizma Sprott |
Children | 2 |
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
- "Eric Sprott". Forbes.com. Retrieved 2017-06-14.
- Niall McGee (2017-04-07). "Gold-focused Sprott Inc. founder to step down as chair". The Globe and Mail. Retrieved 2017-06-14.
- "'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.
- "2008 Financial Crisis Set Stage For Gold Rally". Kitco News. Retrieved 2021-10-03.
- 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.
- Magazine, Sprott Department of Surgery. "Scrubbing in". www.uhn.ca. Retrieved 2021-08-10.