Michael Novogratz net worth: Michael Novogratz is an American investment banker who has a net worth of $600 million. Michael Novogratz was born in Alexandria, Virginia in November 1964. He is former hedge fund manager for Fortress Investment Group. Novogratz previously was a partner at Goldman Sachs. He graduated from Princeton University and was a member of the school's wrestling team. He also served in the U.S. Army National Guard. His brother is Robert Novogratz and his sister is Jacqueline Novogratz. Michael Novogratz joined Goldman Sachs in 1989 and lived in Asia from 1992 to 1999. He joined Fortress Investments in 2002. He was appointed to sit on the Hudson River Park Trust's board of directors in 2010 and is a member of the Federal Reserve Bank of New York's Investment Advisory Committee on Financial Markets. He is also the CEO of cryptocurrency investment firm Galaxy Investment Partner and bought Robert De Niro's duplex in Manhattan's Tribeca neighborhood in 2006 for $12.25 million (Mickey Rourke moved into his former home).