If you watch the Amerian Market shows, CNBC Fast Money and RiskReversal, then you certainly know about the founder of these services, Dan Nathan. Also known for slamming the Bitcoin Doubter, Rich Ross, he had bet $1 million on oil during the downfall of its price.
Getting into the life of trade and entrepreneurship, he stepped as a broker in investment banks, later founding RiskReversal Advisors and grabbed most of the success in his early manhood.
How Dan Collects His Net Worth?
Dan summons his net worth from his professional career as a founder of RiskReversal and On-air Contributor to CNBC. As per Paysa, a contributor at CNBC is entitled to the average salary of $76,856, ranging from the lower rate of $72,628 to $80,822. In October 2016, Dan kept bet of $1 million on oil when the crude price was down by 7%. As per BitStarz Blog, he slammed Bitcoin Doubter, Rich Ross.
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Dan has served as a broker to the investment banks and has also offered fundamental trade ideas and trade structure since 2009. Dan is also a weekly panelist on CNBC’s Options Action and frequent panelist on CNBC’s Fast Money. He has spent last 16 years as a proprietary ownership and options trader at Hedge Funds (SAC, Exis and Cheyne Capital) and within the ownership derivatives groups of Merril Lynch.
Dan Nathan became Co-founder and Editor at RiskReversal Advisors in 2016, whose motto is to help equity traders/investors understand the alternative ways they can express their views in the markets. Dan's task is to provide consulting services to Investment Banks and Investment Advisors on behalf of Risk Reversal Advisors.
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Dan's Family Members; Low Key Wife
He lives with his wife along with two daughters in New York. One of his daughters, Ellie, is obtaining the lessons of the trade and entrepreneurship with Melissa Lee. He keeps the update of his wife and parents on his social media.
(Photo: Dan's Twitter)
Despite the posts on his social media, he keeps his family members in a low key and has not revealed the identity of his family members yet.
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He also seemed very aware of the young-age children and the impact of smartphones on them. He said that smartphones are being an addiction to them. He added,
"As any parent of teens will tell you, the smartphone is the access point, albeit a necessary one in this day & age, but the real problem is the addiction to iPhones and Children Are a Toxic Pair"
Short Bio
Dan Nathan was born in Syracuse, the USA and lives in the New York City. He celebrates his birthday on 20th September every year. His colleague and friend, Guy Adami, age 54, wished him on his birthday and called him a wonderful human being.
Dan Nathan graduated from the University of Pennsylvania.
