British-American investment management company Bluecrest Capital is reportedly sitting on a massive profit after owner billionaire Michael Platt bets on the new White House administration.
Bloomberg reports that Bluecrest already has a 20% increase per year, citing “people with knowledge of the issue” who were asked not to be identified, but takes into account fees and costs.
Pratt reportedly used an aggressive amount of leverage to exploit the extreme volatility caused by President Trump’s trade war.
The exact assets under management (AUM) are unknown as Bluecrest returned capital to outside investors and converted the company into a privately owned and managed family office, but court documents show that it owned $3.9 billion in 2022.
According to Forbes, Michael Pratt is the UK’s wealthiest hedge fund manager, worth around $18.8 billion as of December 2024, and currently stands only with the few who made money in 2025 despite the global market sale induced by President Trump.
Billionaire Warren Buffett also recorded billions of dollars in profits this year, increasing his net worth of over $11.5 billion this year alone. And his profits fell by $14.5 billion in Buffett’s 2025 prize money despite selling this month.
Currently ranked fourth among the world’s billionaires, Buffett is one of two in the top 20 who have become more wealthy this year.
He is with Françoise Bettencourt Myers, who added $1.8 billion.
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