About Me
George Haywood, a native of Washington DC, has left an indelible mark on the financial world and philanthropy. Born on September 30, 1952, to parents who were both public school teachers, he was instilled with a passion for education and giving back from an early age. His illustrious career spans from Wall Street to private investing, marked by groundbreaking achievements and a commitment to charitable endeavors.
Professional Journey
Early Years and Education
His academic journey commenced at DC’s Brightwood Elementary School before he enrolled at Saint Albans School in seventh grade. An accomplished athlete, he distinguished himself as co-captain of the soccer team and received All-Metropolitan honors. He also excelled in academic competitions, notably as the captain of Saint Albans It’s Academic TV quiz show team. His academic prowess led him to Harvard College at age 16, where he majored in biology.
Wall Street and Beyond
After briefly working as a flight attendant and spending some time as a professional blackjack player, he pursued a legal education at Harvard Law School. However, his trajectory shifted towards finance, and he joined Lehman Brothers in 1982. Rising through the ranks, he became the first black managing director at Lehman Brothers and headed the corporate bond trading department. Later, he transitioned to the hedge fund Moore Capital Management before venturing into private investing.
Notable Contributions
His investment insight played a crucial role in the success of companies like XM Satellite Radio (now Sirius XM), Martek Biosciences, and AVI BioPharma (now Sarepta). His involvement with Martek, in particular, revolutionized infant nutrition by introducing the crucial brain nutrient DHA into infant formula. DHA is abundant in human breast milk but was not in the formula before Martek’s breakthrough. When the FDA finally approved Martek’s DHA to be added to the formula, the company’s CEO stated that without his backing, “We wouldn’t be here today.” It is estimated that hundreds of millions of babies worldwide have experienced improved cognitive development by consuming formula boosted with Martek’s DHA.
Philanthropic Endeavors
Educational Support
Driven by his belief in the transformative power of education, Haywood has supported numerous schools and scholarship programs. His contributions have opened doors for countless students, from his alma mater, Saint Albans and Harvard College, to institutions like the National Cathedral School and Washington Latin Public Charter School.
Cultural and Social Impact
Beyond education, his philanthropy extends to cultural institutions like the Kennedy Center and the Public Theater of New York. He has also championed organizations promoting social welfare, including the Bedford Stuyvesant YMCA, Martha’s Table, Planned Parenthood, Women for Women International, CARE, and the Urban Alliance, reflecting his commitment to fostering healthier and more equitable communities.
Personal Life and Interests
Athletic Pursuits
He found fulfillment in competitive running outside his professional endeavors, particularly in masters track and field. Holding six world records and winning numerous championships, his dedication to sports underscores his commitment to personal excellence and physical well-being.
Family and Legacy
His personal life is characterized by his devotion to his three children and a marriage that spanned over three decades. Now divorced, his legacy of generosity and impact on the financial and philanthropic spheres continues to inspire future generations.
George Haywood’s journey from precocious student to trailblazing financier and philanthropist is a testament to the power of education, perseverance, and giving back. Through his professional achievements and unwavering commitment to social good, he has left an enduring legacy that transcends industries and uplifts communities worldwide.
