What is Bill Ackman’s net worth now? Inside his $9.2billion success story
Bill Ackman Makes $2 Billion from Fannie Mae & Freddie Mac — Net Worth Hits $9.2 Billion. Photo credit: Reuters.
Billionaire investor Bill Ackman has seen his fortune skyrocket in 2025, with Forbes pegging his net worth at $9.2 billion, more than double the $4.3 billion he held in 2024. The sharp rise stems largely from the remarkable success of his hedge fund, Pershing Square Capital Management, and its publicly traded vehicle, Pershing Square Holdings, which have outpaced the broader market this year.
Pershing Square’s Market-Beating Year
Pershing Square Holdings, listed in London and also traded in the U.S. under the ticker PSHZF, has notched a 25.3% return so far in 2025, vastly outperforming the S&P 500’s 11.7% over the same period. The fund’s net asset value currently stands near $16 billion, while its market capitalization is around $11 billion.
A key driver of these gains has been the fund’s large positions in mortgage giants Fannie Mae and Freddie Mac. According to Barron’s, Pershing Square has already secured profits of about $2 billion this year from these two bets alone.
The Fannie Mae and Freddie Mac Boom
Shares of Fannie Mae and Freddie Mac have been among the hottest performers of 2025. Fannie Mae closed last week at $14.64, up 350% since January, while Freddie Mac hit $13.50, a surge of more than 300% this year. Both stocks entered 2025 priced at just $3.
The rally has been fueled by speculation that the Trump administration may finally release the mortgage companies from federal conservatorship—a reform Ackman has pushed for relentlessly. With Pershing Square believed to own about 180 million combined shares, including 115 million of Fannie Mae alone, the fund’s holdings could now be worth close to $2.5 billion.
A Concentrated Strategy Pays Off
Unlike many hedge funds that spread their bets widely, Pershing Square has always operated with a concentrated portfolio of around six to eight companies. Current positions include Uber, Alphabet, Brookfield Asset Management, and Restaurant Brands International.
Over time, Ackman has pivoted away from short-selling strategies to focus entirely on what he calls “durable growth businesses.” Founded in 2004, Pershing Square manages around $20 billion in assets today, and its reputation rests on bold, high-conviction investments.
Beyond the Numbers: Ackman’s Influence and Controversies
Bill Ackman is not just a financier—he is a public figure who often makes headlines outside the trading floor. With millions of followers on X (formerly Twitter), he frequently shapes conversations on politics, business, and social issues.
In 2024, Ackman launched a high-profile campaign against Harvard University president Claudine Gay, citing allegations of plagiarism and antisemitism, a controversy that eventually led to her resignation. That same year, he stunned many by endorsing Donald Trump in the presidential election, marking a sharp break from his history of backing Democrats.
Defining Wins in a Bold Career
Ackman’s career has long been defined by contrarian bets. During the COVID-19 market crash in 2020, he earned $2.6 billion by shorting the bond market, reinvesting the windfall into long-term positions. His successful stakes in Canadian Pacific Railway and Chipotle Mexican Grill remain among Pershing Square’s crown jewels.
Today, his net worth underscores the effectiveness of his focused investment style. But beyond wealth, Ackman has established himself as a unique figure—one whose mix of financial acumen, outspoken commentary, and political influence ensures he remains one of the most closely watched investors in the world.
FAQs on Bill Ackman’s Net Worth and Investments
Q1: What is Bill Ackman’s net worth in 2025?
Bill Ackman’s net worth in 2025 is estimated at $9.2 billion, nearly double his 2024 fortune, according to Forbes.
Q2: How did Bill Ackman double his fortune in 2025?
His wealth surge was largely driven by Pershing Square’s massive gains from Fannie Mae and Freddie Mac stocks, which skyrocketed over 300% this year.
Q3: What companies does Pershing Square currently invest in?
Pershing Square’s concentrated portfolio includes Uber, Alphabet, Brookfield Asset Management, and Restaurant Brands International, alongside its large stake in Fannie Mae and Freddie Mac.
Q4: Why did Fannie Mae and Freddie Mac stocks rise so sharply?
Both stocks rallied due to speculation that the Trump administration may release the mortgage giants from federal conservatorship, a move Ackman has long advocated.
Q5: Has Bill Ackman made other major wins in his career?
Yes. Ackman is known for bold bets, such as his $2.6 billion profit during the 2020 pandemic market crash, and successful long-term holdings in Canadian Pacific Railway and Chipotle Mexican Grill.
Q6: What political stance has Bill Ackman taken recently?
Ackman made headlines by endorsing Donald Trump in the 2024 U.S. presidential race, despite historically supporting Democratic candidates.
Q7: How much does Pershing Square manage in assets today?
As of 2025, Pershing Square Capital Management oversees roughly $20 billion in assets, with its listed fund Pershing Square Holdings valued at about $16 billion NAV.