Julie Macklowe

Julie Macklowe (née Lerner, December 1977) is an American socialite, philanthropist and entrepreneur. She is married to Billy Macklowe, son of real-estate developer Harry B. Macklowe.

In 2021, she released The Macklowe, an American single malt whisky.[1][2] She previously founded vbeauté, a former skincare line for women.[3]

Early life and education

Macklowe was born in Aspen and raised in Arizona,[4] the daughter of Frank Lerner. She took over her grandfather's T-shirt company and transformed it into a women's sportswear company.[5] She completed her B.A. in economics and B.S. in commerce, graduating magna cum laude from the University of Virginia McIntire School of Commerce in 1999. It was there that she received an early induction into New York finance circles while taking John Griffin's class.[2]

Career

In 2000, Macklowe worked with Chase Capital Management (now JPMorgan Partners) in Seoul and Hong Kong, where she helped structure leverage buyouts.[5][6] Between 2003 and 2006, Macklowe was the managing director of Metropolitan Capital Management, and, in 2006, she joined the investment firm SAC, where she managed investment portfolios for Sigma Capital Management.

In 2009, backed by Millennium Partners, Macklowe opened her own $250 million hedge fund, Macklowe Asset Management.[7][8] In October 2010, Macklowe closed the fund to pursue her own investments in fashion businesses.[9]

Personal life

In 2004, Julie married Billy Macklowe, son of Harry B. Macklowe, and founder of the William Macklowe Company. The couple lives in Manhattan and Long Island with their daughters.[29] In addition to their residence in New York City, the couple owns houses in both Aspen[30] and the Hamptons.[31]

In 2008, Macklowe was named Vogue magazine's "It Girl".[32]

In 2011, Macklowe hosted her 34th birthday party, which also featured the launch of her new vBeauté skin care line. The event was part of a cooperative effort to raise money for VH1's Save the Music Foundation.[14]

Philanthropy and other activities

Macklowe is a former board member of VH1’s Save the Music Foundation.[40][41] In 2015, she and her husband hosted the foundation’s annual benefit in the Hamptons; the concert raised nearly $800,000.[41][42][43][44][45]

Macklowe was involved with the Seven Bar Foundation