What Does Nelson Peltz Own? What Owns Peltz?

Nelson Peltz, an activist investor, is a founder of investment firm Trian Fund Management.

Trian now has $8.5 billion in assets under management. The firm has a highly concentrated portfolio that includes stakes in Bank of New York Mellon, DuPont and food conglomerate Mondelez International.

In early 2017, Peltz battled with Proctor & Gamble over a board seat the company didn’t want to grant him. He ultimately won the seat.

Nelson Peltz took advantage of the acquisitional value of high yield (junk) bonds sold by Michael Milken in the 1980s.

By doing leveraged buyouts financed with these junk bonds, he turned his modest income into a multi-million dollar fortune.

But the Peltz family are literally billionaires

Two of his most notable assets are Snapple drinks and The Wendy’s Company. He has also made investments in companies such Heinz, Domino’s Pizza and Tiffany & Co.

Peltz is said to be worth £1.3billion and he owns two private jets.

In 1963, Peltz dropped out of the Wharton School with the intention of becoming a ski instructor in Oregon.

However, he ended up driving a delivery truck for A. Peltz & Sons, a wholesale food distribution business founded by his grandfather, Adolph, in 1896, which delivered fresh produce and Snow Crop brand frozen food to restaurants in New York.