Byron Wien
Born
Byron Richard Wien

(1933-02-14)February 14, 1933
Chicago, Illinois, U.S.
DiedOctober 25, 2023(2023-10-25) (aged 90)
Alma materHarvard University (BA, MBA)
Occupations
  • Investor
  • writer
Spouse
Anita Volz
(m. 1978)

Byron Richard Wien (/wn/;[1] February 14, 1933 – October 25, 2023) was an American investor. After a long career as an executive at Morgan Stanley, he became vice chairman of Blackstone Advisory Partners, a subsidiary of The Blackstone Group.[2][3][4]

Background

Byron Richard Wien was born in Chicago on February 14, 1933 to Max Wien and Anne (Lurie) Wien.[1][5] Both of his parents had died by the time he was 14 years old, and he was thereafter raised by his maternal aunt Rose.[1] he was a 1950 graduate of Senn High School in the Edgewater neighborhood on the North Side of Chicago. He received an AB with honors from Harvard College in 1954, where he was on the staff of The Harvard Crimson.[6] Two years later, he graduated with an MBA from Harvard Business School.[1]

Career

Wien began working on Wall Street in the 1960s. He eventually became senior U.S. Investment Strategist at Morgan Stanley, where he wrote weekly investment reports, and was considered among the most widely read investment writers.[1] He retired in 2001 but retained an advisory position with the company as senior investment strategist.[2] He joined The Blackstone Group in 2009.[1]

In 1995, Wien co-authored a book with George Soros on the legendary investor’s life and philosophy, Soros on Soros – Staying Ahead of the Curve. Wien was named to the 2004 SmartMoney Power 30 list of Wall Street’s most influential investors, thinkers, enforcers, policy makers, players and market movers. He appeared in the “Thinker” category.

He was on the Investment Advisory Committee of The Open Society Foundation, and a member of the Investment Committees of Lincoln Center and The Pritzker Foundation. He was a trustee of the New York Historical Society and Chairman of the Investment Committee of the JPB Foundation.

In 2006, Wien was named by New York Magazine as one of the sixteen most influential people in Wall Street. The New York Society of Security Analysts (NYSSA) presented Wien with a lifetime achievement award in 2008.

Personal life and death

Wien married Lois Rosenthal in 1960.[7] After that marriage ended in divorce, Wien married economic consultant Anita Volz in 1978.[1] The couple divided their time between Manhattan and Wainscott, New York.[1]

Wien died in Southampton, New York, on October 25, 2023, at the age of 90.[1][8]

References

  1. 1 2 3 4 5 6 7 8 9 Gabriel, Trip (November 9, 2023). "Byron Wien, Wall Street Seer of the Unexpected, Dies at 90". The New York Times. Retrieved November 10, 2023.
  2. 1 2 "Byron Wien Winds Down", dated November 26, 2001, in Forbes online. Retrieved July 9, 2013.
  3. "Byron Wien Announces Predictions for Ten Surprises for 2014". January 6, 2014. Retrieved December 2, 2020.
  4. Navarro, Bruno J. (June 12, 2013). "Byron Wien Expects 'Trouble Ahead'", CNBC. Retrieved July 9, 2013.
  5. Outstanding Young Men of America. Junior Chamber of Commerce. 1965. p. 567. Retrieved October 26, 2023.
  6. Brooks, David (December 8, 2011). "The Life Report: Byron R. Wien". The New York Times. Retrieved January 4, 2019.
  7. Outstanding Young Men of America. Junior Chamber of Commerce. 1965. p. 567. Retrieved October 26, 2023.
  8. "Byron Wien, Wall Street Forecaster of '10 Surprises,' Dies at 90". BNN Bloomberg. October 26, 2023. Retrieved October 26, 2023.
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