LeaderPortfolio
Higgins
Brian Higgins
Rank #2275
UNITED STATESFinance & InvestmentsHedge funds

Brian Higgins

Net Worth
$1.8B
0% (24h)
Brian Higgins, born October 6, 1959, is a prominent figure in the finance and investment sector. As the co-founder of King Street Capital Management, a hedge fund focused on distressed debt, Higgins has amassed a net worth of $1.8 billion. His career began in 1987 at First Boston, where he worked in the Merchant Banking Group before moving to the Distressed Securities Group. Over three decades, Higgins has grown King Street into a leading global alternative asset manager. He is known for his value-oriented investment approach, which has contributed significantly to his success. He also serves on the board of Harlem Children's Zone.

How to read Brian Higgins's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Brian Higgins, we anchor the narrative to Hedge funds and Hedge funds, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $1.8B alongside global rank #2275, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (UNITED STATES) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life and Education

Brian Higgins was born on October 6, 1959, in Buffalo, New York. He graduated from Buffalo State College with a B.A. in Political Science in 1984 and an M.A. in History in 1985. He furthered his education with an MPA from Harvard University's John F. Kennedy School of Government in 1996.

Rise to Success

Higgins's career in finance began at First Boston in 1987. He started in the Merchant Banking Group, working on leveraged buyouts, bridge loans, and recapitalizations. He then joined the Distressed Securities Group. In 1995, Higgins co-founded King Street Capital Management with O. Francis Biondi. The firm focused on distressed debt, a strategy that proved successful and led to the growth of the company, managing approximately $26 billion in assets as of 2024. Higgins currently serves as the Founder, Managing Partner, and Co-Portfolio Manager of King Street Capital Management.

Key Business Strategies

King Street Capital Management employs a value-oriented investment approach, specializing in distressed debt and credit strategies. Their investment strategy is rooted in value investing, where they seek undervalued assets that offer promising returns. The firm identifies opportunities across asset classes and geographies, applying rigorous research and trading capabilities.

Philanthropy

Brian Higgins serves on the board of Harlem Children's Zone, an organization dedicated to ending intergenerational poverty in Central Harlem. He and his co-founder also manage the King Street Charitable Trust, donating to medical research and Villanova University, his alma mater.

Career Timeline

2024

Left the US House of Representatives

Resigned on February 2, 2024.

1995

Co-founded King Street Capital Management

Founded with Francis Biondi Jr.

1987

Began career at First Boston

Worked in the Merchant Banking Group.

Philanthropic Impact

Education & Community DevelopmentUnknown

Harlem Children's Zone

Serves on the board

Medical Research & EducationUnknown

King Street Charitable Trust

Donates to medical research and Villanova University.

Key Business Ventures & Holdings

CompanyStakeValue
Pacific Gas & Electric Co10.00%
Winthrop Realty Trust Inc.10.00%

Net Worth History

In-Depth Analysis

Early Life and Education

Brian Higgins was born on October 6, 1959, in Buffalo, New York. He graduated from Buffalo State College with a B.A. in Political Science in 1984 and an M.A. in History in 1985. He furthered his education with an MPA from Harvard University's John F. Kennedy School of Government in 1996.

Rise to Success

Higgins's career in finance began at First Boston in 1987. He started in the Merchant Banking Group, working on leveraged buyouts, bridge loans, and recapitalizations. He then joined the Distressed Securities Group. In 1995, Higgins co-founded King Street Capital Management with O. Francis Biondi. The firm focused on distressed debt, a strategy that proved successful and led to the growth of the company, managing approximately $26 billion in assets as of 2024. Higgins currently serves as the Founder, Managing Partner, and Co-Portfolio Manager of King Street Capital Management.

Key Business Strategies

King Street Capital Management employs a value-oriented investment approach, specializing in distressed debt and credit strategies. Their investment strategy is rooted in value investing, where they seek undervalued assets that offer promising returns. The firm identifies opportunities across asset classes and geographies, applying rigorous research and trading capabilities.

Philanthropy

Brian Higgins serves on the board of Harlem Children's Zone, an organization dedicated to ending intergenerational poverty in Central Harlem. He and his co-founder also manage the King Street Charitable Trust, donating to medical research and Villanova University, his alma mater.

Data Sources & Methodology

Figures for Brian Higgins are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.