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David Einhorn invests $200,000,000 in New York Mets

Tags: david Einhorn, funds, new york mets, shares.
Posted on 27 May 2011 by "T".

The investor and poker player David Einhorn has bought a significant share of the Baseball Team New York Mets. Einhorn is best known for being an extremely successful trader of hedge funds. His biggest tournament cash was at the 2006 WSOP Main Event where he ended up in 18th place for $650,000, which he donated to charity.

It's not yet official how big part of New York Mets Einhorn now owns. According to different rumors, he has bought 49% of the company for $200,000,000. If the rumors are true, Einhorn is majority owner of the company.

 


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12 comments on "David Einhorn invests $200,000,000 in New York Mets"


 nonoyang27/05/2011 11:37:04 GMT
David einhorn is a very good and generous man, more success to you sir. Smile
 timborep27/05/2011 11:47:54 GMT
The mets what a waste suppose if any team needs the charity it be them Blink
 arhitekta2627/05/2011 14:02:41 GMT
Wow, that is very good... Maybe he could invest some money in FC Vojvodina Novi Sad.. With that money we could live normally the hole season... Big Smile
 Fakiry27/05/2011 15:00:38 GMT
Someone should advise David Einhorn of the value of portuguese football and players. I am sure that if he had someone who keeps an eye on this game in Europe could give him a way to start generating more income.

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Someone should advise David Einhorn of the value of portuguese football and players. I am sure that if he had someone who keeps an eye on this game in Europe could give him a way to start generating more income.
 B1gfoot27/05/2011 17:35:48 GMT
200,000,000 to waste on a team, but looking at the pic he needs to take back 1k and buy a shaver, some smart clothes and a bite to eat..yer im jealous
 GIOMi627/05/2011 23:25:01 GMT
Well that is a lot of money, wow what would I do with such a large sum of money? Travel the world and play poker in the biggest live events.
 arhitekta2628/05/2011 09:48:58 GMT
As I can see, we can only dream about that money... Sad
 SuperNoob28/05/2011 11:02:53 GMT
wow if i had that much money to invest in such a team then surely i wouldn't mind donating 650k from a wsop win. lets see if he can improve the team or this will just be a waste...
 timborep28/05/2011 21:54:52 GMT
Posted by SuperNoob:
wow if i had that much money to invest in such a team then surely i wouldn't mind donating 650k from a wsop win. lets see if he can improve the team or this will just be a waste...



Its the Mets it's a waste
 arhitekta2629/05/2011 11:20:08 GMT
hehhee, people here really don't like Mets... It is fine by me.. Smile
 Macubaas30/05/2011 05:45:07 GMT
I actually remember him playing at the wsop when he won those 650.000 dollars, i know that he donated the money back then but i never knew he was so rich and has so many investments on so many markets although it was clear that he was not a professional poker player considering he was not living out of poker.
As for his latest aquisition i don't really having nothing to say considering i don't know the team but i know that 200.000.000 million dollars are a lot, and i'm sure he sees that as a buisness not as a hobby, so we should expect him to make profit.
I also agree with was was posted above , an european football team would be a lot more profitable since there is a lot more money in the buisness.
Lets hope he will have succes with his new purchase, ans yes he needs a new look for sure...
 Kingdom31/05/2011 13:06:27 GMT
that is a lot of money for a team that isnt even worth investing money on

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