Robert Citrone: Biography, Career, and Business Insights

Robert Citrone’s Profile Summary

Company	Discovery Capital Management
Position	Robert Citrone is the co-founder and portfolio manager at Discovery Capital Management.
Source of wealth	Management and performance fees from Discovery Capital Management, investment gains from equity and sector-focused strategies.
Also known as	Philanthropist, technology and healthcare investor, financial analyst.
Age	55
Education	University of Virginia - Bachelor’s degree in Economics.
Citizenship	United States
Residence	New York City, USA
Family	Robert Citrone's family includes his spouse and children.
Website, Social Media	http://www.discoverycapitalmanagers.com/

Biography

Robert Citrone is a prominent investor known for his expertise in the hedge fund industry. He co-founded Discovery Capital Management in 1999, where he has been instrumental in shaping the firm's investment strategies, focusing on technology and healthcare sectors. Before founding Discovery, Citrone gained valuable experience at leading financial institutions, including a tenure at the highly regarded hedge fund, Maverick Capital, where he honed his skills in equity analysis and portfolio management. His approach combines deep fundamental research with a keen understanding of market trends, positioning Discovery Capital as a significant player in the investment landscape. Citrone is also recognized for his commitment to philanthropy, actively contributing to various charitable causes. His educational background includes a degree from the University of Virginia, which laid the foundation for his successful career in finance and investment management.

How did Robert Citrone make money?

Robert Citrone makes money in the following areas:

Management and performance fees from Discovery Capital Management, investment gains from equity and sector-focused strategies.
What is Robert Citrone net worth?

As of 2026, Robert Citrone’s net worth is estimated to be $200M.

What is Robert Citrone also known as?

Robert Citrone is recognized as a philanthropist, actively supporting various charitable organizations and initiatives focused on education and healthcare. His investment expertise in technology and healthcare has made him a sought-after figure in these sectors, leading to partnerships and collaborations with innovative companies. Additionally, Citrone's background as a financial analyst has positioned him as a thought leader in investment strategies, where he shares insights at industry conferences and forums.

Prominent achievements

Robert Citrone has been recognized for his successful track record in hedge fund management, consistently delivering impressive returns for his investors. Under his leadership, Discovery Capital Management has grown significantly, with assets under management reaching substantial figures. He has also received accolades for his philanthropic efforts, particularly in education and healthcare initiatives, reflecting his commitment to social responsibility.

Discovery Capital Management delivered double-digit returns in 2023 and 2024 and was up 17.5% through July 2025, placing it among top-performing hedge funds.

What are Robert Citrone’s key insights?

Robert Citrone’s business philosophy revolves around rigorous fundamental analysis and a deep understanding of market dynamics. He believes in a long-term investment perspective, focusing on sectors that exhibit strong growth potential, particularly technology and healthcare. Citrone emphasizes the significance of adaptability and continuous learning in navigating the complexities of the financial markets.

Personal life

Robert Citrone is married and has children, although specific names and details about his family members are not publicly disclosed. He tends to maintain a low profile regarding his personal life, emphasizing the importance of family while keeping their lives private.

Useful insights

Fundamental principles of investing

As someone deeply immersed in the world of finance, I firmly believe that learning the fundamental principles of investing is the cornerstone of financial literacy. The books I recommend here have shaped modern investment strategies, offering timeless wisdom that can benefit both beginners and seasoned investors. These are not just texts, but essential tools to help you navigate the complexities of the financial markets with confidence and insight.

Benjamin Graham - "The Intelligent Investor"
- Summary:
  
  Written by one of the most influential investment thinkers, this book outlines the principles of value investing. Graham emphasizes the importance of analyzing a company’s intrinsic value, long-term investment strategies, and avoiding emotional decisions driven by market fluctuations. The book also discusses defensive investing, focusing on preservation of capital and minimizing risk.
- Why read it:
  
  This is a must-read for anyone looking to understand the core philosophy behind successful long-term investing. Graham’s principles influenced generations of investors, including Warren Buffett, making it an essential guide to navigating stock market risks with a focus on minimizing losses.
Ray Dalio - "Principles"
- Summary:
  
  Ray Dalio, founder of one of the world’s largest hedge funds, shares the life and work principles that led to his immense success. The book covers Dalio’s unique management and investment strategies, focusing on radical transparency, truth-seeking, and the importance of learning from mistakes. It also provides practical insights into organizational behavior and personal growth, making it valuable beyond just investing.
- Why read it:
  
  Dalio's "Principles" is a treasure trove of wisdom for investors and business leaders who wish to improve their decision-making. It’s a guide on how to align personal and professional life through well-defined, actionable rules.