Early Life and Education
Bacon was born in Raleigh, North Carolina; his father, Zachary Bacon Jr., founded real estate company Bacon & Co. and later led Prudential Financial’s and Merrill Lynch’s real estate efforts in North Carolina
Bacon graduated from Episcopal High School in Alexandria, Virginia. He attended Middlebury College in Vermont where he received his B.A. in American literature, graduating Cum laude in 1979. Bacon met Walter Frank while he was working on a fishing boat in Long Island and got a job clerking at the specialist firm Walter N. Frank & Co during the summers of his college years. He subsequently received his MBA degree in finance at Columbia Business School in 1981.
While at Columbia, Bacon traded commodities using a low interest loan he had received. During the first three semesters, he lost money and was forced to borrow money from his parent to pay for necessities. However, he eventually turned a profit during his fourth semester.
Read more about this topic: Louis Bacon
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