Billionaire Profile
Gregg Hymowitz
Global Rank
#1952

Image: Public domain | via Wikimedia Commons

Gregg Hymowitz

CEO, EnTrust Global
US
Real-Time Net Worth
$2B
As of December 2025
Age
60
Source
Asset management
Industry
finance-investments
Citizenship
US

Biography

Gregg S. Hymowitz is an American billionaire and the Chairman and CEO of EnTrust Global, a diversified alternative investment firm. Born on November 16, 1965, Hymowitz has built a successful career in asset management, starting with a legal background and moving to Goldman Sachs before founding EnTrust Global in 1997. His estimated net worth, as of December 5, 2025, is $2.0 billion, primarily from his asset management activities. Hymowitz is known for his activist investing and has been involved in various philanthropic endeavors and board memberships, demonstrating a commitment to education, social issues, and the arts.

Wealth Over Time

In-Depth Profile

Early Life

Gregg S. Hymowitz was born on November 16, 1965, in Bellmore, New York. He attended John F. Kennedy High School in Bellmore. Hymowitz excelled in academics from an early age. He graduated cum laude from Harvard Law School with a Juris Doctor in 1990. Prior to that, he received a B.A., Phi Beta Kappa, from SUNY Binghamton in 1987. Hymowitz was the 1985 Harry S. Truman Scholar from New York and the 1987 British Hansard Society Scholar.

Rise to Success

Hymowitz began his career as an attorney at Skadden, Arps, Slate, Meagher & Flom, focusing on mergers and acquisitions. In 1992, he joined Goldman Sachs & Co. as a Vice President. In 1997, Hymowitz founded Entrust Global (originally EnTrust Capital). Under his leadership, the firm grew to manage $15.2 billion in assets. He reacquired EnTrust from Legg Mason in 2020 and later sold a 20% stake to the Brunei Sovereign Wealth Fund.

Key Business Strategies

Hymowitz is known for his bold investment strategy. His firm focuses on alternative investments, including hedge funds and private equity. He has engaged in event-driven co-investments, partnering with other investors to finance campaigns. EnTrust Global has also expanded into maritime investing, launching Blue Ocean Funds, which has financed numerous vessels. In 2020, the Blue Ocean Fund closed a $2.1 billion fundraising.

Philanthropy

Hymowitz is an active philanthropist. He established the Hymowitz Scholarship, awarded to undergraduates at Harpur College. Additionally, he endowed the Hymowitz Family Professorship of the Practice Fund at Duke University's Global Health Institute. Hymowitz has also participated in the FTI Consulting Great Charity Challenge, raising $2.5 million for Florida charities, and supports the National Multiple Sclerosis Society and New York Cares. In April 2024, the Youth America Grand Prix unveiled the Marcella Hymowitz Creative Fellowship, funded with a $1 million endowment from the Hymowitz Family Foundation.

Career Milestones

1990

Attorney at Skadden, Arps, Slate, Meagher & Flom

Began career in mergers and acquisitions.

1992

Vice President at Goldman Sachs & Co.

Joined Goldman Sachs, focused on distressed investments and activist strategies.

1997

Founded EnTrust Global

Established EnTrust Global (originally EnTrust Capital).

2020

Reacquired EnTrust Global

Repurchased EnTrust from Legg Mason.

2023

Director at flyExclusive, Inc.

Joined the board of directors for flyExclusive, Inc.

Philanthropy & Social Impact

Education

Hymowitz Scholarship

Undisclosed

Scholarship for undergraduate students at Harpur College.

Education

Hymowitz Family Professorship

Undisclosed

Endowed the Hymowitz Family Professorship of the Practice Fund at Duke Global Health Institute.

Charity

FTI Consulting Great Charity Challenge

$2.5M

Participated in this event, raising funds for Florida charities.

Arts

Marcella Hymowitz Creative Fellowship

$1M

Funded with an endowment from the Hymowitz Family Foundation, supports international dancers.

Controversies & Challenges

2024

Employment Dispute

Former chauffeur filed a lawsuit alleging violations of the Fair Labor Standards Act.