Oprah Hires Star Money Manager

Eli Broad's chief investor headhunted to head up Winfrey team
By Rob Quinn,  Newser Staff
Posted May 19, 2010 5:40 AM CDT
Host Oprah Winfrey greets the audience during "The Oprah Winfrey Show" live from Radio City Music Hall in New York earlier this month.   (AP Photo/Evan Agostini)
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(Newser) – Oprah Winfrey is assembling a hotshot investment team to manage her estimated $2.4 billion fortune. Peter Adamson, currently chief investment officer for billionaire philanthropist Eli Broad, will head up Winfrey's investment office, insiders tell the Wall Street Journal. The move comes as Winfrey, already one of the richest African Americans in history, prepares to launch her own channel.

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