What he does: Founder of Harbinger Capital (Hedge Fund)
Net Worth: $1.1 Billion
The Falcone family has a true, rags-to-riches story. The Minnesota born, one-time hockey player, escaped his small, iron-ore mining town to become one of the most highly paid hedge-fund managers in the world. His wife, Lisa Marie Falcone, is a former model who was raised by a single mom on welfare in Spanish Harlem. But these days, by their dominance in the NYC scene, you would never be able to guess the Falcone's past. Since moving to the city, Philip has taken over Wall Street and Lisa's become one of the staple figures in UES society.
[Lisa Maria Falcone, Philip Falcone via]
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Tuesday, December 10
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