Andrew Left is a businessman and shortseller from the United States. His company, Citron study, does a study on the stock market and specializes in short-selling.
Left has been very critical of several businesses, such as Herbalife, Tesla, and Nikola Corporation. People who know Left well as a short-seller have both praised and criticized him for his skills.
Some investors have praised Left for being able to spot companies that are expensive and make money when they go down in value.
Others have said that the Left’s aggressive behavior is bad for business and can hurt the names of shareholders. Left is still one of the best short-sellers in the world, even with all the trouble.
His track record of finding companies that are worth more than they are worth has made him rich and well-known in the business world.
Andrew Left Net Worth in 2024
Andrew Left is a businessman and short seller from the United States. His company, Citron study, does a study on the stock market and specializes in short-selling. Left has spoken out against a lot of companies, like Tesla, Herbalife, and GameStop.
Andrew Left’s net worth is thought to be around $100 million as of 2024, according to JazzVibe. Left is a controversial person in the financial world because of how well he does as a short-seller.
That being said, he is without a question one of the best short-sellers in the world. His net worth shows how skilled and determined he is.
Andrew Left Career Journey
Andrew Left, founder of Citron Research, has had a controversial career journey as a short seller and activist investor:
- Left started out working at Universal Commodity Corp, a high-pressure commodities brokerage firm, in 1993. He was later sanctioned by the National Futures Association for making false and misleading statements to cheat customers.
- By age 24, Left became active in short-selling stocks promoted by boiler room scams and bulletin board pump-and-dump schemes. He started doing his research and publishing reports through his website StockLemon.com, which later became Citron Research.
- Over the past 14 years, Left has published reports alleging fraud or overvaluation at numerous companies, including Valeant Pharmaceuticals and Mallinckrodt. His reports have caused significant drops in the share prices of targeted companies.
- In 2016, Hong Kong’s Market Misconduct Tribunal found Left culpable of market misconduct for publishing false and misleading information about Chinese property developer Evergrande Group in 2012. He was banned from trading in Hong Kong for 5 years and ordered to repay profits and legal costs.
- On July 26, 2024, the U.S. Securities and Exchange Commission filed a lawsuit against Left and Citron Capital alleging fraud and illegal manipulation of the stock market.
Despite his controversial tactics and legal troubles, Left has maintained a successful career as a short seller by conducting extensive research and using social media to amplify the impact of his reports. However, his recent SEC charges mark a significant escalation in the scrutiny of his activities.
Should you desire more updates and insights on celebrities, peruse our earlier posts where we’ve diligently evaluated all aspects.
Andrew Left Assets, Cars, Houses
Information about Andrew Left’s assets, cars, and houses is not extensively detailed in the available search results. However, some insights can be gathered:
- Residence: Andrew Left lives in a gated community in Beverly Hills, California. His neighbors reportedly include celebrities like Slash from Guns N’ Roses and Paris Hilton, indicating a high-value residential area.
- Cars: There is no specific information regarding the types or brands of cars Left owns. However, he has mentioned being impressed by a Mercedes during his early career, which reflects his awareness of luxury vehicles.
- Financial Status: Left’s financial dealings have come under scrutiny due to recent charges of securities fraud, which allege that he manipulated stock prices and profited significantly from misleading information. The U.S. Securities and Exchange Commission claims he orchestrated a scheme that earned him and his company around $20 million.
Overall, while details about his specific assets and vehicles are limited, Left’s lifestyle and financial activities suggest a considerable level of wealth, particularly given his residence in an affluent area and his history as a successful investor.
Guarantee yourself access to accurate information on celebrities’ net value with Wortholino.