Dmitry Balyasny is an American businessman who was born in Ukraine. He is the co-founder and Chief Investment Officer of Balyasny Asset Management (BAM), a global multi-strategy hedge fund that opened in 2001. He was born in Kiev and moved to Chicago with his family when he was seven years old. In the 1990s, Balyasny started trading. He went on to make BAM a big investment company with over $20 billion in assets by 2025. He is married and has six wonderful kids. Dmitry Balyasny net worth is around $4.5 billion as of 2025 , but it comes from his top position at BAM, the returns on his investments, and performance fees
In addition to his work in finance, Balyasny is known for his support of education and mentoring through the nonprofit ATLAS Fellows.
Quick Bio
| Attribute | Details |
|---|---|
| Full Name | Dmitry Balyasny |
| Birthplace | Kyiv, Ukraine |
| Current Residence | Chicago, Illinois, USA |
| Education | Bachelor of Business Administration, Loyola University Chicago |
| Occupation | Co-founder, Managing Partner, and Chief Investment Officer at Balyasny Asset Management (BAM) |
| Company Founded | Balyasny Asset Management (2001) |
| Firm Size | Manages around $25 billion in assets, 2,000 employees, 23 global offices |
| Investment Focus | Multi-strategy hedge fund with equities, fixed income, commodities, macro, and systematic strategies |
| Career Start | Trading at Schonfeld Securities (1994) |
| Notable Awards | Institutional Investor’s 2025 Hedge Fund Lifetime Achievement Award |
| Philanthropy | Founded ATLAS Fellows, Inc., supports Ayn Rand Institute and education initiatives |
| Family | Married with six children |
| Net Worth | $4.5 billion |
Dmitry Balyasny Net Worth in 2025
As of 2025, Dmitry Balyasny’s exact personal net worth is around $4.5 billion. Balyasny Asset Management is a multi-strategy hedge fund with more than $20 billion in assets that he helped to start and is now the Chief Investment Officer. He mostly gets his money from trading gains and management and performance fees paid by the company. His exact net worth is still a secret, but the success and earnings of his hedge fund suggest that he is very wealthy.
His company made a net income of more than $1 billion in 2024, and according to industry rankings, he was one of the top hedge fund managers, making an estimated $420 million a year. However, this number only shows his income and the success of his company, not his personal net worth.
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Business Ventures and Income Sources
Balyasny Asset Management (BAM), a global multi-strategy hedge fund that Dmitry Balyasny started in 2001, is the main business he runs and source of income. Over $26 billion is managed by BAM across a wide range of strategies, such as long/short equity, fixed income, commodities, macro, multi-asset arbitrage, and systematic investment. The company focuses on giving stable, uncorrelated profits in all market conditions.
BAM significantly grew in 2025 by creating a new affiliate called BAM Corner Point and launching a dedicated venture capital vehicle called Atlas Growth. This vehicle targeted growth-stage business tech and health technology companies and showed an active move into venture investing.
Management and performance fees from these investment funds, trading profits, and gains from venture capital stakes are some of the ways Balyasny makes money. BAM also invests in private startups, which gives it more ways to make money besides running a hedge fund. To get the best results from investments, the company uses cutting edge technology, AI tools, and a strong risk management strategy.
BAM is also present in many countries, with offices in important financial hubs around the world. It has over 2,000 employees, which helps the company make a lot of different kinds of money through global market possibilities.
Personal Life
Personal Life and Family
Dmitry Balyasny was born in Kyiv, Ukraine. When he was seven years old, he moved to the United States with his family. When they got there, his parents didn’t speak English, so they settled in Chicago. In Ukraine, his mother was an engineer and his father was a professor. But when they moved to the U.S., his mother cleaned hotel rooms and his father did odd jobs to make money for the family. His wife and six kids live with him. People know that he keeps his personal life quiet.
Children
Balyasny and his wife have six children, but most information about them is kept secret to protect the privacy of the family.
Education
He went to Loyola University Chicago to get a bachelor’s degree in business administration but did not finish.
Philanthropy and Interests
Balyasny started ATLAS Fellows, a nonprofit that helps smart young people from low-income families get started in jobs in finance and investing. He really believes in the Ayn Rand Institute and other charitable projects that help with education.
Early Life and Work Experience
Starting out young, Dmitry sold things door-to-door when he was 12 years old. As a teenager, he became interested in the stock market and got licensed as a stockbroker. While he was in college, he worked at a small company. He started his official job as a trader at Schonfeld Securities in 1994.
Career Journey
- In the early 1990s: Dmitry started his job as a trader at a small brokerage in Chicago. He was eager to get into the stock market right away.
- 1994: Started out as a trader when he joined Schonfeld Securities. This job gave him useful knowledge and helped him become known for how good he was at trading.
- 2001: Helped to create Balyasny Asset Management (BAM), a global hedge fund with offices in Chicago that uses a variety of investment strategies. He was made Managing Partner and Chief Investment Officer (CIO).
- From 2001 to 2017: BAM slowly grew by managing mostly long-short equity strategies with a focus on the whole world, making consistent returns, and acquiring assets. The fund grew to include more strategies, such as systematic investment, global macro, credit, commodities, and macro.
- 2018: Had a tough year with losses because of the market and problems with internal scale, which led to a reorganization.
- 2019: BAM got back to making money by getting better at managing risk and building ties with more institutional investors.
- Between 2020 and 2023: Balyasny completely changed BAM. He invested in private startups, opened new equity units (Corbets Capital), added cutting-edge technology like AI tools, and grew the company by opening new offices around the world in Dubai and other places.
- 2024: Continued strategic focus on deep study and long-term investing in stocks; rebuilt the stocks unit after poor performance; Balyasny personally made all decisions about stock investments.
- 2025: BAM was in charge of about $25 billion in assets and had about 2,000 employees around the world. Dmitry received the Institutional Investor Hedge Fund Lifetime Achievement Award for his work in the industry. He is still working as CIO and as a risk-taker for the company’s main funds.
Struggles with Mental Health, Addiction & Homelessness
No one in the public eye knows about Dmitry Balyasny‘s problems with mental health, addiction, or being homeless. The information we have about him mostly talks about the problems he has had at work, like how his hedge fund, Balyasny Asset Management, lost a lot of money in 2018 and had to lay off workers and reorganize. This time tried his strength and ability to lead, but it doesn’t show that he had any personal problems with addiction or mental health.
He talks a lot about sticking with things even when things get hard and staying focused when things get tough. He does this by talking about his immigrant upbringing and early job setbacks, like going broke trading in college. There is no reliable source that says they have dealt with addiction or homelessness.
Current Status
- balyasny asset management (BAM), the global multi-strategy hedge fund he helped start in 2001, as a managing partner and chief investment officer (CIO).
- Under his direction, BAM manages assets worth about $25 billion and has more than 20 offices around the world with about 2,000 workers.
- From its start in April 2012 to April 2025, BAM’s flagship Atlas Fund has produced annualized returns of about 12.1%.
- Dmitry is still willing to take risks, and he is the only founder of one of the biggest multi-strategy hedge funds who is still managing a trade book.
- He is in charge of BAM’s global Long/Short Equities business and teams working on Fixed Income & Macro, Commodities, Multi-Asset Arbitrage, and Systematic strategies.
- Given the Institutional Investor 2025 Hedge Fund Lifetime Achievement Award for his important work in the hedge fund business.
- Keeps giving back to the community through programs like the ATLAS Fellows program, which helps smart students who want to work in banking.
- With strict risk management and the use of cutting-edge technology, BAM aims to provide absolute profits that are not affected by changes in the market.
Public Perception & Media Coverage
Industry Recognition and Awards
- Known as a top hedge fund manager and trader by many.
- Winner of Institutional Investor’s 2025 Hedge Fund Lifetime Achievement Award, joining a small group of top stars in the field.
Media Features and Interviews
- Major financial news outlets, such as Bloomberg and Business Insider, have interviewed and written about him to talk about his investment theory, the changes the firm is making to its strategy, and his leadership.
- Known for the way he leads by example and his dedication to thorough study and long-term stock investments.
Hiring and Talent Acquisition
- Known for aggressively hiring well-known portfolio managers from competitors like Citadel and offering them good pay to make his fund’s investment teams stronger.
- The media often talk about how BAM’s plans are changing and how Balyasny is helping the company deal with problems in the market.
Business Strategy and Performance
- Coverage shows how BAM has grown to handle about $25 billion in assets around the world with more than 2,000 employees.
- Reporting in detail on BAM’s move toward longer-term, research-driven equity trading and a wider range of investment strategies.
- In the media, Balyasny is portrayed as a strong boss who turned around a failing business in 2018.
Public Image
- Known as a responsible, creative businessman who is good at managing risk and leading others.
- Keeps his personal life pretty quiet; the media mostly talk about his work and how his firm affects the market.
FAQs
Who is Dmitry Balyasny
American philanthropist and hedge fund manager Dmitry Balyasny started Balyasny Asset Management (BAM), which is known for its multi-strategy method. He is also the founder, CEO, and CIO of BAM.
What is Dmitry Balyasny’s net worth in 2025?
No one knows for sure how much he is worth in 2025; he is not on any list of proven billionaires, but he does run a firm with at least $25 billion in assets under management.
Is Dmitry Balyasny a billionaire?
No one has said for sure that he is a billionaire in 2025. Estimates of his wealth vary, but he is not as well known for being rich as people like Ken Griffin or Izzy Englander.
Where did Dmitry Balyasny go to college?
The bachelor’s degree he got from Loyola University Chicago was in business.
Who is the CEO of Balyasny Asset Management?
Balyasny is both the CEO and the CIO of BAM.
How many kids does Dmitry Balyasny have?
From what the public knows, he has at least two kids.
Conclusion
People still don’t know how much Dmitry Balyasny is worth, but it’s clear that he had a huge effect on hedge fund management, global banking, and the culture of hedge funds. He is the mastermind behind Balyasny Asset Management’s growth and mixes new ideas, smart risk-taking, and a dedication to ethical finance. His ongoing impact, quiet media presence, and charitable work will make sure that he is remembered as a global market leader who thought ahead.
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