Billionaire Profile
O. Francis Biondi
Global Rank
#1947

Image: Public domain | via Wikimedia Commons

O. Francis Biondi

CEO, King Street Capital Management
US
Real-Time Net Worth
$1.8B
As of December 2025
Age
61
Source
Hedge funds
Industry
finance-investments
Citizenship
US

Biography

O. Francis Biondi, born in 1963, is an American billionaire known for his expertise in hedge funds and investments. As the co-founder of King Street Capital Management, he has built a career marked by strategic financial decisions and a keen understanding of market trends. His net worth is estimated at 1.8 billion USD. Biondi retired from King Street Capital Management in 2020, but has retained his ownership stake in the firm. His career exemplifies significant achievements in the finance industry, particularly in the realm of hedge funds.

Wealth Over Time

In-Depth Profile

Early Life and Education

O. Francis Biondi was born in 1963 and is a US citizen. He earned an MBA from Harvard Business School, which would prove to be a crucial step in his career. He also holds a Bachelor of Arts/Science from Yale University.

Rise to Success

Biondi co-founded King Street Capital Management in 1995 with Brian Higgins. The hedge fund has since become one of the top firms in the world, managing over $25 billion in assets and is known for its credit opportunities across asset classes. Biondi retired from King Street in 2020 but maintained his ownership stake in the firm.

Key Business Strategies

King Street Capital Management focuses on out-of-favor investments in stocks and bonds. The firm is recognized for its ability to identify and capitalize on credit opportunities. Biondi's experience and strategic approach have been central to the firm's success.

Philanthropy

Biondi and Higgins run the King Street Charitable Trust, which supports various causes. Grant recipients include Yale, Memorial Sloan Kettering, and others.

Career Milestones

1995

Cofounded King Street Capital Management

Co-founded the hedge fund with Brian Higgins.

2020

Retired from King Street Capital Management

Retired from the firm but retained ownership stake.

Philanthropy & Social Impact

Charitable Giving

King Street Charitable Trust

Unknown

Supports various causes, including Yale and Memorial Sloan Kettering.