Somerset Capital Partners, a private equity firm that focuses mostly on the realty sector, is headed by Joes Daemen. His son Oliver Daemen is set to be the youngest person to go to space through the flight of Blue Origin’s New Shepeard. Joes Daemen’s net worth (exact at this time is unknown), however, we estimate that it will be in the $500 million-$1.2 billion range.
|Full Name||Joes Daemen|
|The Birth Date||N/A|
|Profession||Real Estate Mogul|
|Net Worth||Estimated range: $500 million to $1.2 billion|
Daemen was a Dutch citizen. His education was at the University of Wageningen, where he received his Master of Science in Marketing and Agriculture Economics.
Joes Daemen Net worth and Career
Joes was able to get in-depth knowledge and experience in the financial market after he graduated from university. Later, Daemen decided to open his own private equity fund. It was focused on real estate investment and development. As per his company’s website, he mostly focuses on logistics real estate.
Joes’ expertise and strong reputation led him to open Somerset Capital Partners Value Fund, a hedge fund. The portfolio includes real estate, private equity instruments and financial markets. The company’s headquarters are in Oisterwijk.
This fund is for investors who are looking for attractive returns that are both risk-adjusted, long-term focused and attractive. The company’s approach is to find a few high-quality investments which are available at discount rates considering factors such as the replacement cost.
Joes works is different from other people because they work with property managers to improve them and create value. The result is that their real estate portfolio now covers offices, retail and hotel properties as well as residential ones.
Joes is married Eline Daemen dekker, who volunteers to help the elderly fight loneliness. She has been a cabin crew member at KLM Royal Dutch Airlines in the past. They have a son, Oliver, and a daughter, Charlotte.
The 18-year-old Oliver has been making it to the headlines of different media because he is set to be the youngest person ever to go to space along with Jeff Bezos, his brother Mark, and the 82-year-old flight instructor named Wally Funk through Blue Origin’s New Shepherd.
Joes Daemen Net worth
As of 2023, Joes Daemen’s net worth is estimated to be in the range of $500 million to $1.5 billion. Joes’ net worth is not available because his company is private and therefore details about his wealth cannot be determined. However, Joes was able to get his son Oliver to the Blue Origin’s space flight after a person had deferred their opportunity.
An anonymous person spent $28 million to win the first space flight. With Joes being able to book the flight after the person’s cancellation, we can expect that the auction bid that Joes made would have been in the multi-millions as well.