Eric Sprott is a well-known name in the Canadian investment industry. He is a billionaire businessman and the founder of Sprott Asset Management, one of Canada’s largest independently owned securities firms.
In this article, Covemarkets will take a closer look at Eric Sprott net worth, salary, wiki, age, height, weight, family, career and awards, as well as news in 2023.
|Eric Steven Sprott
|79 (as of 2023)
|Bachelor’s degree from Carleton University
|Juliana Haver and Larisa Sprott
|Not applicable (Married)
|Source of Wealth:
Asset management, business acquisitions, investments in gold and silver, shares in various companies
What is Eric Sprott Net Worth 2023?
Eric Sprott’s net worth is estimated to be $150 million dollars. He has earned his fortune through his successful career in investment management.
What is Eric Sprott’s Salary?
There is no information available about Eric Sprott’s current salary. However, given his success in the investment industry, it is safe to assume that he earns a considerable amount of money.
Eric Sprott Wiki
Eric Sprott was born in Ottawa, Canada, in 1944 or 1945. He graduated from Carleton University with a bachelor’s degree. After becoming a chartered accountant, Sprott began his career in the investment industry as a research analyst at Merrill Lynch. In 2001, he founded Sprott Asset Management, which has become one of Canada’s largest independently owned securities firms.
Age, Height, and Weight
As of 2023, Eric Sprott would be around 78-79 years old. There is no information available about his height and weight.
Eric Sprott is married to Vizma Sprott and has two children, Juliana Haver and Larisa Sprott. He established the Sprott Foundation in 1988 with his family to address urgent human needs, hunger, and homelessness.
Eric Sprott Career and Awards
Eric Sprott, a Canadian billionaire businessman, has had an illustrious career in the investment industry. He began his journey as a research analyst at Merrill Lynch Canada, Inc. In 1981, he founded Sprott Securities Limited, which later became Cormark Securities Inc.
Over the years, he has held various prestigious positions such as Chairman of Sprott Asset Management LP, Chief Executive Officer at Sprott Capital Partners LP, and Director at Sprott Resource Corp. He is also the founder of Sprott, Inc., Cormark Securities, Inc., Sprott Foundation, and Sprott Asset Management LP.
Throughout his career, Sprott has been recognized for his exceptional investment abilities. He has received numerous awards including Investor’s Digest’s Best Investor, Ernst and Young’s Entrepreneur of the Year, and Advisor of the Year.
His funds have also been awarded, with the Sprott Hedge Fund L.P. winning the Opportunistic Strategy Hedge Fund Award at the Canadian Investment Awards in 2004, and the Sprott Offshore Fund Ltd. winning the 2006 MarHedge Annual Performance Award under the Canada-Based Manager category.
Eric Sprott News 2023
- In June 2023, Eric Sprott announced that he had sold 217,500 common shares of Irving Resources Inc., reducing his ownership stake in the company to 10.2%.
- In the same month, Sprott also announced that he had acquired 11 million shares of Labrador Gold for cash consideration of $9.99 million, giving him a 12.4% ownership stake in the company.
- In July 2023, Sprott announced that he had sold 2,500,000 common share purchase warrants of Golden Ridge Resources Ltd., reducing his ownership stake in the company to 6.6%.
- In his latest 13F filing, Sprott revealed that he had added to his holdings of several gold and silver mining stocks, including Agnico Eagle Mines (AEM), Barrick Gold (ABX), and Silver Wheaton (SLW).
Social Media Accounts
As of now, there is no information available about Eric Sprott’s social media accounts.
FAQs about Eric Sprott
What is Sprott Inc.?
Sprott Inc. is an asset management company that specializes in natural resource and precious metals investments. It was founded by Eric Sprott and has grown to become a prominent player in the resource-focused investment industry.
What are Eric Sprott’s notable achievements in the investment world?
Eric Sprott is recognized for his successful investments in the resource and precious metals sectors. He has been an influential figure in advocating for investments in gold, silver, and other commodities.
What is Eric Sprott’s investment philosophy?
Sprott is known for his contrarian investment approach, focusing on undervalued assets and seeking out opportunities in sectors that are often overlooked by mainstream investors.
What is the Sprott Foundation?
The Sprott Foundation was established by Eric Sprott and his family in 1988 to address urgent human needs, hunger, and homelessness.
What is the Sprott School of Business?
The Sprott School of Business was established at Carleton University in 2001, accredited by the Association to Advance Collegiate Schools of Business (AACSB) and the Network of International Business Schools (NIBS).
In conclusion, Eric Sprott’s net worth stands as a testament to his remarkable journey as a contrarian investor and influential figure in the resource and precious metals sectors. Through his visionary investment strategies and unwavering commitment to alternative assets, he has not only achieved financial success but also left an indelible mark on the investment landscape. Thank you for reading.
Read more: George Lindemann Net Worth