Bruce Sherman

Bruce S. Sherman (born May 1948) is an American businessman and co-founder of the wealth-management firm Private Capital Management and the chairman and majority owner of the Miami Marlins of Major League Baseball (MLB).

Early life Sherman was raised in a middle-class neighborhood in Queens, New York, the son of Sylvia and Michael Sherman. He has two brothers, Peter and Joel.

Career In 1985, Sherman co-founded the wealth-management firm Private Capital Management (PCM) whose initial client was the Collier family. The firm grew to $4.4 billion in assets under Sherman's management in 1999. Sherman remained at the firm's helm and sold two additional companies to Buffett: Shaw Industries in 2001 for $2.1 billion and Garan (the maker of Garanimals) in 2002 for $270 million. Over the years, some of his successes include investments in Qualcomm Inc, Apple Computer, International Game Technology, Banknorth and Charter One Financial.

By 2005, PCM had $31 billion in assets. Sherman retired in 2009 stating "I am very proud of my investment career over 23 years, especially the first 22 years." . In 2026, the Sun Sentinel reported that Bruce Sherman’s net worth was approximately US$3 billion. This puts him as the 10th wealthiest MLB team owner tied with Jim Crane of the Houston Astors and John Fisher of the Athletics.

Philanthropy Sherman and his wife support various charities including the Naples Winter Wine Festival which benefits the Naples Children and Education Fund. His wife is a founder of the Holocaust Museum of Southwest Florida in Naples. He has two daughters from a previous marriage to Marlene Bluestein.