Cem Habib, born in July 1975, is a Turkish businessman who is known to take part in high-stakes companies, but came under the public spotlight when he married London socialite Caroline Stanbury, one of the casts of the reality television show “London Ladies”.
So how much is Habib’s net worth? As of mid-2016, it is reported by authoritative sources to be $50 million, acquired from his successful career in business still spanning less than 20 years.
Cem Habib Net Worth $50 Million
Although born in Turkey, Habib grew up calling London his home. Later in life, he flew to Washington, D.C. in the United States to attend American University, where he studied at the Kogod School of Business. He graduated with a BA in International Business and a BSc in Finance.
Habib’s career started in 1996 when he worked at the Millburn Corporation, an Investment Management company. He became part of the company’s Investment Committee, focusing on its offshore funds; after almost four years in the company, Habib decided to leave in 2000. Although short, his time in Millburn started his net worth and the knowledge he acquired in the company led him to start his own in 2001, AltEdge Capital.
AltEdge Capital is a hedge fund sponsor that provides advisory services to clients, manages their funds, and also invests in the hedging markets, public equity, and fixed incomes in the United States. Aside from being one of its co-founders, Habib also served as AltEdge’s Principal, Portfolio Manager, Investment Adviser, Head of Research, and member of its Investment Committee. His net worth rose commensurately with his success.
After eight years, alternative investment management company Cheyne Capital acquired AltEdge, part of the deal being that the acquisition made Habib one of Cheyne’s Partner, and a very wealthy man. After the acquisition, Habib only stayed with Cheyne for one year, and later he became the CEO of SB Group.
Habib held the position of CEO for SB Group, an investment banking firm in the United Kingdom, for almost four years. His years of experience in the world of investments made him a successful CEO and immensely helped his net worth. In 2014, he left the company and moved to CIS Private Equity Management Limited, serving as one of its Partners up until today.
Aside from his busy career as a thriving businessman, Habib became visible in the public eye in 2014, when he appeared on his wife’s reality show “Ladies of London”. Caroline Stanbury, a socialite and businesswoman became part of Bravo’s reality show in 2014, and Habib has been making appearances ever since. His charm seems to affect the viewers in some way and has made him a bit of a star. His position in CIS and sporadic appearances in “Ladies of London” have helped him build and maintain his net worth.
In terms of his personal life, Habib and Stanbury have been married since 2004, and the couple has three children, Yasmine and twins Aaron and Zach; the family lives in London.
