Greg Lippmann: Biography, Career, and Business Insights

Greg Lippmann’s Profile Summary

Company	LibreMax Capital
Position	Chief Investment Officer and Managing Founding Partner
Source of wealth	Profits from shorting the U.S. housing market during the 2008 financial crisis, co-founding and managing LibreMax Capital, and trading non-agency RMBS, ABS, and CDOs at Deutsche Bank
Also known as	Financial strategist, philanthropist.
Age	58
Education	University of Pennsylvania - Bachelor of Arts in Economics, magna cum laude
Citizenship	United States
Residence	New York City, USA
Family	Greg Lippmann is married to Dr. Kimberly Lee Duckworth, and they have a daughter named Dahlia Lippmann.
Website, Social Media	https://www.db.com/index?language_id=1&kid=sl.redirect-en.shortcut

Biography

Greg Lippmann is a prominent American hedge fund manager and investor, widely recognized for his role in the subprime mortgage market, a story famously portrayed in Michael Lewis's The Big Short. Born around 1968/1969, Lippmann’s career in finance began after he graduated magna cum laude with a degree in Economics from the University of Pennsylvania. He initially joined Credit Suisse, where he specialized in trading structured financial products. In 2000, he transitioned to Deutsche Bank, where he eventually led the global trading of ABS, RMBS, and CDOs. Lippmann’s foresight in predicting the collapse of the U.S. housing market in the mid-2000s earned him significant attention, both within the finance industry and in popular culture. Following his successful career at Deutsche Bank, Lippmann co-founded LibreMax Capital in 2010, an investment management firm focused on structured products, where he continues to serve as Chief Investment Officer. Beyond his financial career, he is actively involved in philanthropy, serving on the boards of various institutions, including the South Fork Natural History Museum and New 42nd Street

How did Greg Lippmann make money?

Greg Lippmann makes money in the following areas:

Profits from shorting the U.S. housing market during the 2008 financial crisis, co-founding and managing LibreMax Capital, and trading non-agency RMBS, ABS, and CDOs at Deutsche Bank
What is Greg Lippmann net worth?

As of 2026, there is no publicly available and reliable information regarding Greg Lippmann’s net worth.

What is Greg Lippmann also known as?

Greg Lippmann is recognized for his charitable contributions and involvement with cultural and environmental causes. He serves on the board of New 42nd Street, a non-profit organization dedicated to revitalizing the theater district in New York. He is also involved with the South Fork Natural History Museum, reflecting his interest in environmental conservation. Additionally, Lippmann is a member of the Advisory Council of the American Museum of Natural History, contributing to the promotion of scientific education and preservation of natural history

Prominent achievements

Greg Lippmann became globally recognized for his role in predicting the 2008 subprime mortgage crisis, a trade that was prominently featured in The Big Short. He co-founded LibreMax Capital, which now manages billions in assets, and is credited for transforming the understanding of the mortgage market. His career milestones include his leadership positions at Deutsche Bank and his portrayal by Ryan Gosling in the 2015 movie based on Michael Lewis' book

LibreMax Capital generated a 10.12% gain year-to-date through July 2025 under his leadership.

What are Greg Lippmann’s key insights?

Greg Lippmann is known for his sharp analytical skills and deep understanding of financial markets, particularly in structured products. His business philosophy emphasizes recognizing risks early and capitalizing on market inefficiencies. He is famously known for his contrarian view during the 2008 financial crisis, betting against the U.S. housing market. Lippmann advocates for rigorous research and disciplined risk management as keys to long-term success.

Personal life

Greg Lippmann married Dr. Kimberly Lee Duckworth in 2002 in New York City. Dr. Duckworth is the daughter of Ingrid D. Bellemère and Stephen M. Duckworth. Together, they have a daughter, Dahlia Lippmann. Greg's parents are Thomas J. Lippmann, a retired real estate investor, and Susan Lippmann, a business manager at Purchase College

Useful insights

Focus on long-term value

Long-term thinking is critical for lasting success. David Swensen, the late Chief Investment Officer of Yale University, built his career on focusing on sustainable, long-term growth.

Think beyond immediate gains

David Swensen is known for focusing on long-term returns rather than short-term profits. Whether in investments or career decisions, always consider the long-term impact of your actions. Patience often leads to better results than chasing quick wins.
Diversify your skillset

Just as Swensen diversified his investment strategies, it’s important to diversify your skills. Continually develop new skills and broaden your expertise. This makes you more adaptable and prepared to succeed in a rapidly changing environment.
Communicate transparently

Swensen believed in keeping stakeholders informed about both risks and opportunities. In any professional or personal endeavor, transparent communication fosters trust and aligns everyone toward common goals.