Oprah Winfrey hires manager for personal fortune: report

Tue May 18, 2010 8:54pm EDT
 
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NEW YORK (Reuters) - U.S. television talk show host and media entrepreneur Oprah Winfrey has hired a prominent investor to manage her personal fortune, the Wall Street Journal reported on Tuesday.

Winfrey has begun setting up an office to handle her personal investments, according to the Journal, which cited people familiar with the situation. She has hired Peter Adamson, who is currently the chief investment officer for Eli Broad, the Los Angeles billionaire and philanthropist.

This is believed to be the first time Winfrey has established a full investment organization around her fortune, the journal said, estimating her net worth at $2.4 billion.

Spokespeople for Winfrey's production company could not immediately be reached for comment.

(Reporting by Nick Zieminski, editing by Bernard Orr)

 
<p>U.S talk show host Oprah Winfrey speaks to the audience during a special live show at Radio City Music Hall in celebration of O Magazine's 10th anniversary in New York City, May 7, 2010. REUTERS/Lucas Jackson</p>