This is the Greenwich, CT estate of billionaire William E. Macaulay and his wife Linda R. Macaulay. He has a net worth of at least $1.3 billion, and is one of the richest men in the world. Forbes lists William Macaulay as #355 of The 400 Richest Americans and #1057 of Forbes Billionaires from around the world.
Macaulay, 66, is chairman and CEO of First Reserve Corp., the oldest private equity firm in the energy sector with more than $21 billion under management. He grew up in the Bronx, NY. He studied economics at City College of New York; then he went to the University of Pennsylvania Wharton School, where he received a Master of Business Administration degree. From 1972 to 1982, Mr. Macaulay was with Oppenheimer & Co., Inc., where he served as Director of Corporate Finance with responsibility for investing Oppenheimer’s capital in private equity transactions. He learned investing at Oppenheimer from Wall Street legend Leon Levy. At Oppenheimer, he also served as a General Partner and member of the Management Committee of Oppenheimer & Co., as well as President of Oppenheimer Energy Corporation. He was the founder and largest stockholder of Peppermill Oil Company.
Cofounded private equity outfit First Reserve; launched first buyout fund 1992. Invested $10 million in drilling equipment producer National Oilwell 1996; reaped $240 million selling stake over 6 years. He plowed First Reserve proceeds into several coal companies in 2004; has made $1.3 billion in net profits since. Funds have reportedly returned 26% annually since inception. He also enjoys bird-watching. Additionally, he currently serves as Chairman on the Board of Directors of the Rogosin Institute and is Chairman of the Advisory Board of the City University of New York. Mr. Macaulay has also received a Doctor of Humane Letters (DHL) honorary degree from Baruch College. According to Wikipedia, In Sept. of 2006, Macaulay gave $30 million to the City University of New York (CUNY) to endow The William E. Macaulay Honors College.
William Macaulay's house has annual property taxes of $70,910, based on a tax assessment of $7,013,860. The current appraised value of the property is $10,832,285, according to public property records.
Category: Homes - Celebrity - Business