Age, Biography, and Wiki
Nelson Peltz was born on June 24, 1942, in Brooklyn, New York, to a Jewish family. As of 2025, he is 83 years old. He grew up in the Cypress Hills section of Brooklyn and attended the Horace Mann School in the Bronx. Peltz began his undergraduate studies at the Wharton School of the University of Pennsylvania but left in 1963 without completing his degree.
Occupation | Billionaire |
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Date of Birth | 24 June 1942 |
Age | 82 Years |
Birth Place | New York City, U.S. |
Horoscope | Cancer |
Country | U.S |
Height, Weight & Measurements
There is no publicly available information regarding Peltz's height or weight.
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Dating & Relationship Status
Nelson Peltz is married, but specific details about his spouse are not widely publicized.
Peltz's father gave him free rein with the company, and over the next 15 years he and his older brother, Robert B. Peltz, grew the business, gradually shifting the product line from produce to institutional frozen foods. Over the next 10 years, Peltz bought up several food companies, and in 1973, he and his brother together with Peltz's business partner, Peter May, who joined Peltz in 1972, took their company, then called Flagstaff Corp., with $150 million in sales, public. In 1979, Peltz sold Flagstaff's foodservice business division to a group of investors. Two years later, the food service business went bankrupt and the lender asked Peltz to salvage their outstanding loan. Within a year, the loans were repaid as Peltz rebuilt the business.
In 1985, he married his third wife, Claudia Heffner, a former fashion model, with whom he has eight children. Although Heffner never converted to Judaism, their sons each had bar mitzvahs.
Peltz resides at his home Montsorrel, in Palm Beach, Florida. The property was previously owned by Robert R. Young and his wife Anita. In 2015, he began a refurbishment and expansion project for the property. He also resides in Bedford, New York.
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Husband | Cynthia Abrams (m. 1964-1981) Claudia Heffner (m. 1985) |
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Net Worth and Salary
As of 2025, Nelson Peltz's net worth is estimated to vary between $634 million and $1.8 billion, depending on the source. His wealth is primarily attributed to his investments and leadership roles in several major companies. His ownership includes significant stakes in companies like The Wendy's Co., Legg Mason Inc., and Encore Capital Group Inc..
According to Forbes Magazine, Peltz had a net worth of $1.51 billion as of February 2017. This made him the 432nd-richest person in the US. As of October 2021, his net worth was estimated at US$1.7 billion.
Career, Business, and Investments
Peltz is a founding partner of Trian Partners, a global investment management firm. He has served as non-executive chairman of The Wendy's Company, Sysco, and The Madison Square Garden Company. Peltz has also held director positions at H.J. Heinz Company, Mondelēz International, and Ingersoll Rand. His business approach often involves strategic investments and active engagement in corporate governance to enhance shareholder value.
Nelson Peltz (born June 24, 1942) is an American billionaire businessman and investor. He is a founding partner, together with Peter W. May and Edward P. Garden, of Trian Partners, an alternative investment management fund based in New York. He is non-executive chairman of Wendy's Company, Sysco, and The Madison Square Garden Company. He is a former director of H.J. Heinz Company, Mondelēz International, and Ingersoll Rand and a former CEO of Triangle Industries.
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 in 1896, which delivered fresh produce and Snow Crop brand frozen food to restaurants in New York.
In the 1980s, Peltz and May, who had joined Flagstaff as Chief Financial Officer (CFO) after having been its accountant, went looking for new acquisitions. In April 1983, the two bought a stake in vending-machine and wire company Triangle Industries Inc. with the idea of using it to make acquisitions, building it into a Fortune 100 industrial company and the largest packaging company in the world. Triangle was sold to Pechiney in 1988.
In 1997, through an investment vehicle they controlled, Triarc Companies, Inc., Peltz and May acquired Snapple from Quaker Oats. Snapple, together with other beverage brands, was sold to Cadbury Schweppes in 2000. The Snapple turnaround was featured as a Harvard Business School case study. Since May 2022, Peltz has been a non-executive director at Unilever. In January 2024, Peltz unsuccessfully self-nominated for a position on the board of Disney.
In 2005, Peltz, May, and Ed Garden founded Trian Fund Management, L.P. As an activist investing firm, Trian has invested in such companies as Heinz, Cadbury, Kraft Foods, Ingersoll Rand, Wendy's, DuPont, Mondelēz, PepsiCo, State Street Corporation, Procter & Gamble and Family Dollar.
Peltz has been married three times. In 1964, he married Cynthia Abrams, daughter of Emerson Radio & Phonograph Corporation co-founder Benjamin Abrams; they divorced in 1981. They had two children.
Social Network
Nelson Peltz does not have a significant public presence on social media platforms, as his focus is more on business and finance rather than personal social media engagement.
Education
Peltz attended the Horace Mann School and later enrolled in the Wharton School of the University of Pennsylvania, though he did not complete his degree.
Nelson Peltz's career has been marked by his strategic investments and leadership roles in prominent companies, contributing significantly to his wealth and influence in the business world.
He attended Horace Mann School in the Bronx. Peltz attended the undergraduate program at the Wharton School of the University of Pennsylvania starting in 1960, where he joined the fraternity of Phi Gamma Delta, but left school in 1963, without receiving a degree.