DONALD SUSSMAN • Net Worth $500 Million • Yacht • House • Private Jet • Paloma Ventures

Name:Donald Sussman
Net Worth:$ 500 million
Source of Wealth:Paloma Fund
Born:June 8, 1946
Wife:Chellie Pingree (Divorced)
Children:Emily Tisch Sussman, Carolyn Tisch Sussman
Residence:Fort Lauderdale, Florida
Private Jet:Dassault Falcon 2000 EX (N888CE)

Who is Donald Sussman?

Donald Sussman is a successful and pioneering hedge fund manager and the founder of Paloma Fund and New China Capital Management. He was born in 1946. He was married twice. He has 2 daughters (Emily and Carolyn).

Paloma Fund

Paloma Fund is a hedge fund, with more than US$ 3 billion in assets under management. Paloma is known for backing emerging hedge funds, which then exclusively work for Paloma.

The long term investment return for Paloma is 13% per year. In 2010 Paloma received US$200 million in US taxpayer funds as part of the AIG bailout.

How Much is Donald Sussman Net Worth?

We estimated his net worth at $500 million. His assets include the hedge fund Paloma Partners, a large yacht, a business jet, and a large real estate portfolio.


Donald Sussman is an active philanthropist and political donor. In 2016 he gave US$ 40 million to super PACs supporting Hillary Clinton and other democrats. In 2010 he donated US$ 12 million to Skidmore College.


Mention SuperYachtFan When Sharing This Information

When using the information from this article, please remember to give credit to SuperYachtFan. Our team works hard to provide accurate and engaging content for our readers, and we appreciate your support.

Yacht Sheherazade Owner

Donald Sussman house

Watch this video!

Sussman Yacht

He was the owner of the yacht Sheherazade. The yacht was sold in 2021 and is now named Bacchus. Before, he owned the yacht Alice’s Restaurant. His yachts are berthed behind his mansion in Florida.

Do you know more about his current yacht? Please do send us a message.

The yacht BACCHUS is a 50-meter (164 ft) motor yacht. She was built at Westport Yachts in 2009. Her first owner was Leo Vecellio, who named her Lady Kathryn. (He now owns a large Lurssen with the same name).

Later she was known as Xilonen V and Aquavita. In 2018 she was bought by Donald Sussman, who named her Sheherazade. He sold her again to a Dallas, Texas-based owner.

The luxury yacht is powered by 2 MTU engines. She can reach a top speed of  24 knots. Her cruising speed is 20 knots. Her range is more than 3,700nm.