Mark Baum is a character based on Steve Eisman who is an investor and a businessman. This tycoon is one of the American icons who has taken the country’s economy to the height it is today through collateralized debt obligations. Let’s find out more about how much is Steve Eisman’s net worth in 2018.
Steve Eisman Early Life
Mark Baum was born in 1962, 8th July. He is celebrating his 55th birthday as for 2016. His birthplace was not very clear although he was raised in New York City.
Mark Baum was a student in Yeshiva Schools which is a chain of schools based in New York City. Having completed his studies in the Yeshiva Schools, Mark Baum joined the University of Pennsylvania and graduated as Magna Cum Laude in 1984. From the University of Pennsylvania, Mark went to the Harvard School of Law where he graduated with the honours degree in the law studies.
Mark Baum has been in marriage life from l989. He is a husband to Valerie Feigen. Valerie Feigen is a famous American actress who has featured in the acclaimed film by the name The Big Short with the role of Cynthia. That was a production of Mansa To me I.
Steve Eisman Career, Awards & Achievement
Mark Baum worked for Front Point Partners, a betting agency after his University education. Here he left a mark on collateralized debt obligations. The bet was at Greenish which was a department of the company that under the management of Morgan Stanley. Come the year 2010; Mark had accumulated over one billion dollars for the company.
That is where his fame rose when Michael Lewis authored his book The Big Short with a substitute inside the Doomsday machine. In his book, Michael Lewis altered Baum’s birth name which was Eisman to the current Mark Baum. Steve Carell played him. Baum left the company in 2012.
A year later Mark founded Emmy’s Partners, an investment worth millions of dollars. It performed poorly and went at a loss. He shut the stake in 2014. It had assets of the estimated value of $185 million. Soon after the closure, Baum joined Neuberger Berman to assist in the management of the business that was owned by a group of tycoons.
During his time as a businessman, Mark Baum opposed such business as profit-making education institutions and addressed the issue in the LRA Sohn conference held on 2010 May. Among those condemned include Education Management Corporation, Think ITT Educational Services and Corinthian Colleges.
Baum equalized the business to that of Mortgage Brokers. He analysed the destruction caused by the industry socially. From Marks alarm, the education department took measures which Baum was accused of influencing the government.
Awards & Achievements
Mark Baum may not be on the list of American award-winning figured but has achieved a lot in making America a better country economically. His voice is condemning the problematic business of profit-making education institution gas helped both the government and the citizens although those who benefitted directly from the market cannot be happy.
Net Worth of Mark Baum
Mark Baum referring to Steve Eisman has an estimated net worth of $1.55 billion. He has amassed this wealth through his work as a certified broker and bet controller working for different agencies. He has invested heavily in an investment partnership thus getting more in returns. At one point, his company had over $185 million during its dissolving.
Mark Baum worked privately as an investor. After gaining experience in the business, he revealed the government’s loopholes in connection with the companies. This was despite him not being in the government’s advisory team. He portrayed patriotism in his characters and raised his concern for his country.