×

Daniel Loeb

Benjamin Wachenje

Title: Founder and CEO, Third Point LLC

Born: December 18, 1961, Santa Monica, California

Education: BA in economics, University of California, Berkeley/Columbia University

Early Marker: Worked as director of corporate development at Chris Blackwell's legendary independent record label, Island Records.

Big Idea: As famous for his caustic letters to CEOs as for his financial savvy, he uses his activist hedge fund, named for a Malibu surfing spot, to return troubled companies to profitability by replacing management he considers to be greedy and underperforming.

Wave of the Future: Activist investing

Latest Special Reports

  • Top States 2016

    CNBC's annual study measures all 50 states on more than 60 different metrics.

  • CNBC tackles the business of travel in this new special report covering the leisure and hospitality sector.

    From the most innovative hotels to the best ways to be a road warrior, CNBC tackles the business of travel in this new special report covering the leisure and hospitality sector.

  • Trading Nation

    Where headlines become opportunities.

CNBC25: Rebels, Icons and Leaders