1. Born in Quincy, Illinois in 1949, John W Henry failed to graduate from university before developing his business acumen trading corn and soybean futures. During this process, he developed his own data driven system which predicted market trends, which removed human and emotional factors from the dangerous business of hedge fund trading. He subsequently used the system when he set up his own company John W. Henry and Co. in 1981.
2. From his risky hedge fund trading, Henry became a multi-millionaire, and he was worth $840m before the credit crunch hit in 2007. Some of his companies have had financial difficulties since.
3. Henry has had a passion for sport throughout his career in finance and has owned a number of minor league baseball teams. He also briefly owned the Florida Martins.
4. After selling the Florida Martins in 2002, he attempted to buy the Boston Red Sox with a group of sixteen other investors in the holding company New England Sports Ventures (NESV). They bought the franchise for $700million in 2002 with the aim of turning around the team after a chaotic few years under the previous ownership.
EA Sports’ New MMA Game Trailer!
Pages: 1 2