Born on May 21, 1957, Seth Klarman was raised in a Jewish family in Baltimore, and acquired the basis of his investing knowledge at Cornell University and Harvard Business School. It was in 1982 that he set up his Baupost Group through which he has consistently achieved high returns by using unconventional strategies. Preferring to keep a low profile, Seth Klarman also started his Klarman Family Foundation (worth $255 million in assets), to support scientific research, promote access to music learning and back causes in Israel.