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David Magerman Net Worth 2023: Here’s How Much The Computer Scientist and Philanthropist Worth?

David Magerman is a famous American Philanthropist and Computer Scientist. He is an extraordinary personality whose business ventures, and career should be known to inspire youths of today’s generation. Let’s dive into the topic you’re here for, David Magerman’s net worth.

Who is David Magerman?

David Magerman, full name David Mitchell Magerman was born in 1968. He is a renowned philanthropist and computer scientist hailing from America, who was born with an analytical mind.

David spent 22 years of his life in Renaissance Technologies, a hedge fund, and investment management company. He was born to Sheila and Melvin Magerman.

He received his B.S. degree from the University of Pennsylvania. Later from Stanford University, he received his Ph.D. in computer science.

David Magerman Net Worth

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David Ma German’s Career Overview

David Magerman started his career working for Renaissance Technologies for two decades. Renaissance Technologies is a New York-based investment management, where David developed trading algorithms.

In 2017, the co-CEO of Renaissance Technology Mercer suspended David for going against the boss and later expelled him permanently.

Therefore, on the grounds of facing unlawful termination and alleged racist comments, Magerman filed a federal lawsuit. Moreover, he sought $150,000 for the damages.

David was also involved in various business ventures. His initial venture was Citron and Rose. Citron and Rose was a certified meat restaurant that had its head chef Michael Solomonov.

Later he rebranded his restaurant as C&R Kitchen and added Solomonov as head chef. Across the street, he also opened a casual dairy restaurant. However, later he closed his restaurants.

Later, another restaurant named Zagafen was opened in an attempt to mimic the non-kosher, ZaVino.

David Magerman Net Worth 2023

How Much is David Magerman’s Net Worth?

David Magerman stands high in the elite financial echelons, undoubtedly. It is estimated that he has a net worth between $1 to $2 million according to various websites including, and Moreover, his journey is filled with unparalleled professional contributions and academic brilliance. Thus, these factors are the sole reason that has consolidated David’s financial stronghold.

Wiki Biodata

NameDavid Mitchell Magerman
Birth Year1968
Profession Philanthropist and Computer Scientist
Nationality American
SpouseDebra Magerman
Net Worth $1 to $2 million


What is David Magerman’s net worth?

David Magerman’s estimated net worth is between $1 to $2 million.

What was David Magerman’s association with Renaissance Technologies?

David spent 22 years at Renaissance Technologies, where he developed trading algorithms. He was later suspended and eventually expelled from the company.

What business ventures was David Magerman involved in?

David opened restaurants named Citron and Rose, C&R Kitchen, and later Zagafen.

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