Who Is Jared Vennett From The Big Short?

If you’re a fan of The Big Short from 2015, you might wonder if Jared Vennett is a real person. He is! But who’s the real Jared and what’s he doing now? Let’s uncover the story!

The Big Short, directed by Adam McKay, features a stellar cast with Christian Bale, Steve Carell, Ryan Gosling, and Brad Pitt. It’s adapted from Michael Lewis’ book, published in 2010, giving insight into the 2007-2008 financial crisis and the real estate market of the 2000s.

The movie hit theaters in December 2015, scoring big with both critics and audiences. It raked in $133 million and even nabbed the Academy Award for Best Adapted Screenplay.

The Big Short ©Disneyplus

Ryan Gosling portrayed Jared Vennett, a guy at Deutsche Bank who rakes in cash by selling credit default swaps.

Related Post: Who Is Mark Baum From The Big Short?

Is Jared Vennett Based On A Real Person?

Jared Vennett’s character in the movie is inspired by a real guy named Greg Lippmann. When the financial crisis hit, Lippmann was big in the world of banking. Reports say he scored a whopping $1.5 billion by playing smart with mortgage investments and betting against risky debts.

What is Greg Lippmann’s Background?

Source: Forbes

What is Greg Lippmann’s Background?

Lippmann hailed from New York City and went on to study economics and English at the University of Pennsylvania.

He started at Credit Suisse in 1991, working his way up to director. Then he jumped ship to Deutsche Bank, where he focused on trading in risky ABS and RMBS securities. By 2003, he was calling the shots as the global head of ABS and CDO trading.

What has Greg Lippmann Done Since The Big Short?

In April 2010, Greg Lippmann teamed up with Fred Brettschneider after leaving Deutsch Bank. They launched LibreMax Partners, a hedge fund that began with $900 million. Fast forward to 2022, and they’re now managing a whopping $8.6 billion. Lippmann leads as portfolio manager and chief investment officer.

He’s on the board of the South Fork Natural History Museum and advises the American Museum of Natural History.

Related Post: Who Is Michael Burry From The Big Short?

How Did Greg Lippmann Feel About Being Played By Ryan Gosling in The Big Short?

Surprisingly, he was quite pleased. Like this:

Well, let’s face it, having Ryan Gosling portray you in a movie is pretty awesome. I mean, who wouldn’t want one of the hottest actors bringing their story to life on the big screen? It’s hard to find any complaints about that!