Oprah Hires New Money Manager

LOCK AND KEY

Updated Apr. 25, 2017 10:00AM EDT / Published May 19, 2010 5:20AM EDT

Oprah Winfrey has hired a money manager to look after her billions and is setting up a so-called home office for her finances. Peter Adamson, the CEO of Eli Brand, will join Winfrey as she makes the transition to cable TV mogul from talk show. In the money-management world, Adamson is a star, having served as an adviser to the billionaire Bass brothers among other achievements, and he is Winfrey's first hire for the home office. A home office is similar to starting a personal money-management firm, rather than hiring one personal investor.

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Oprah Hires New Money Manager