Eugene Profit is an American entrepreneur, investor, and former professional football player. He was born on November 27, 1947, in Monroe, Louisiana, USA. Eugene Profit is best known for his successful career in the financial industry, where he founded the Profit Investment Management firm. He is currently 75 years old and he resides in Maryland, USA.
Eugene Profit grew up in Louisiana and attended Louisiana Tech University, where he played college football. In 1971, he earned a Bachelor of Science degree in Electrical Engineering. After graduation, he was drafted by the New England Patriots in the 11th round of the 1971 NFL Draft. He played for the Patriots for four seasons before retiring from football in 1975.
After retiring from football, Eugene Profit began a career in the financial industry. He worked as a stockbroker for several firms, including Merrill Lynch and Prudential-Bache. In 1996, he founded his own investment management firm, Profit Investment Management, which managed over $2.5 billion in assets at its peak. The firm specialized in managing large-cap growth equity portfolios for institutional clients.
Eugene Profit has also been involved in various philanthropic endeavors throughout his career. He has served on the board of several nonprofit organizations, including the National Geographic Society, the Baltimore Museum of Art and the Maryland Science Center.
Eugene Profit Net Worth
Eugene Profit’s net worth is estimated to be around $500 million. He has earned his wealth through his successful career in the financial industry and his investment management firm. His source of income includes his earnings from his company, investment in stocks and other financial assets. Eugene Profit owns a luxurious house in Maryland and several expensive cars.
Eugene Profit lives a luxurious lifestyle and enjoys traveling to exotic locations around the world. He is a collector of fine art and has an extensive collection of artwork displayed in his home. Eugene Profit is also an avid philanthropist and has donated millions of dollars to various charitable causes over the years.
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