Boaz Weinstein: Biography, Career, and Business Insights

Boaz Weinstein’s Profile Summary

Company	Saba Capital Management
Position	Founder and Chief Investment Officer at Saba Capital Management.
Source of wealth	Management and performance fees from Saba Capital Management's investment strategies, trading profits, proprietary investment strategies.
Also known as	Chess Master, Philanthropist.
Age	52
Education	University of Michigan – attended but did not complete a degree.
Citizenship	United States
Residence	New York City, USA
Family	Boaz Weinstein is married to Tali Farhadian Weinstein, and they have several children together.
Website, Social Media	https://www.sabacapital.com/

Boaz Weinstein’s biography

Boaz Weinstein is an American hedge fund manager and derivatives trader, best known for his work in credit derivatives and complex financial instruments. Born in 1973, Weinstein began his career on Wall Street in the 1990s, gaining attention for his expertise in credit derivatives at Deutsche Bank. He later became head of their Credit Trading Group, overseeing a multibillion-dollar portfolio. In 2009, Weinstein founded Saba Capital Management, a credit-focused hedge fund based in New York, after his successful career at Deutsche Bank. Saba Capital specializes in trading bonds, credit derivatives, and related financial instruments, often taking an activist approach to investing. Weinstein is widely recognized for his role in the JPMorgan "London Whale" trade, where his fund profited from JPMorgan's massive trading losses in 2012. In addition to his financial career, Weinstein is an avid chess player and is ranked as a National Master in the game. He is also a philanthropist, supporting causes related to education and chess. Weinstein's contributions to finance, particularly in credit derivatives and activist investing, have made him a notable figure in the hedge fund world.

How did Boaz Weinstein make money?

Boaz Weinstein makes money in the following areas:

Management and performance fees from Saba Capital Management's investment strategies, trading profits, proprietary investment strategies.
What is Boaz Weinstein net worth?

As of 2025, Boaz Weinstein’s net worth is estimated to be $450M.

What is Boaz Weinstein also known as?

Boaz Weinstein is also recognized as a skilled chess player, holding the rank of National Master. He has competed in numerous chess tournaments and often credits the game for helping develop his strategic thinking in trading. Additionally, Weinstein is a philanthropist, actively supporting causes related to education, chess, and financial literacy through charitable donations and contributions to various organizations. His philanthropic efforts reflect his commitment to giving back to the community, particularly in areas that align with his personal interests.

Prominent achievements of Boaz Weinstein

Boaz Weinstein is known for founding Saba Capital Management and successfully profiting from JPMorgan's "London Whale" trade in 2012, his hedge fund has been recognized for its expertise in credit derivatives, he is also ranked as a National Chess Master, and he is a noted philanthropist in education and chess-related causes.

What are Boaz Weinstein’s key insights?

Business philosophy and Insights: Boaz Weinstein emphasizes risk management and contrarian thinking in his investment approach. He is known for being opportunistic and taking advantage of market dislocations, often seeking value in distressed assets. His philosophy combines disciplined risk-taking with deep analysis, honed from his chess strategies, where he values patience and strategic foresight.

Boaz Weinstein’s personal life

Boaz Weinstein is married to Tali Farhadian Weinstein, a former federal prosecutor and candidate for Manhattan District Attorney. Together, they have three daughters and reside in New York City.

Useful insights

Leading with purpose and integrity

To achieve long-lasting success, leading with integrity and purpose is crucial. Mary Barra, CEO of General Motors, demonstrates how strong leadership can propel you forward in your career or business.

Define your purpose and align it with your goals

Mary Barra emphasizes the importance of having a clear purpose. Identify your core values and ensure that your actions align with these values. This will give you the clarity and motivation needed to succeed, especially in challenging times.
Adapt to innovation and stay flexible

Barra's success is tied to her ability to guide GM through a transition toward electric vehicles. Always be open to innovation and stay flexible when markets or industries change. Adaptability is a key trait for anyone aiming to succeed.
Empower those around you

Successful leaders know how to empower their teams. By trusting and supporting the people around you, you create a culture of accountability and innovation. Help others succeed, and you’ll find that success naturally follows you as well.