Nelson Peltz

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Definition of 'Nelson Peltz'

Nelson Peltz is an American businessman, investor, and philanthropist. He is the founder and CEO of Trian Fund Management, a New York-based investment firm. Peltz has a net worth of $1.7 billion.

Peltz was born in Brooklyn, New York, in 1942. He attended the Wharton School of the University of Pennsylvania and graduated with a degree in economics. After graduating, Peltz worked for the investment banking firm Bear Stearns. In 1969, he founded his own investment firm, Triangle Industries.

Peltz has been a successful investor over the years. He has made investments in companies such as Procter & Gamble, PepsiCo, and Wendy's. He is also known for his activist investing style, which involves taking large stakes in companies and then pushing for changes to the company's management or strategy.

Peltz has been married three times and has eight children. He is a major donor to charitable causes, including the Robin Hood Foundation and the New York Police Foundation.

In 2018, Peltz was inducted into the Business Hall of Fame at the University of Pennsylvania's Wharton School. He is also a member of the Council on Foreign Relations.

Peltz is a controversial figure. He has been criticized for his aggressive investing style and for his role in the downfall of companies such as Wendy's and Procter & Gamble. However, he is also admired for his success as an investor and for his commitment to philanthropy.

Nelson Peltz is a complex and controversial figure. He is a successful investor, an activist, and a philanthropist. He is also a polarizing figure who has been criticized for his aggressive investing style and for his role in the downfall of companies such as Wendy's and Procter & Gamble. However, he is also admired for his success as an investor and for his commitment to philanthropy.

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