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Fortune
Fortune
Jessica Mathews

An inside look at one of Silicon Valley’s most mysterious venture funds

middle-aged man wearing blue t-shirt speaking during an interview (Credit: Loren Elliott—Getty Images)

Divesh Makan, who founded the secretive $80 billion wealth management firm Iconiq Capital back in 2011, has declined to talk to reporters for more than a decade. 

There are some obvious reasons. For one, Iconiq’s clients include some of the wealthiest Americans—many of whom would rather keep quiet about where they park their money. It’s well-known that Makan made his name within the Facebook universe, managing the wealth of Facebook cofounders Mark Zuckerberg and Dustin Moskovitz. And Makan started working with Sheryl Sandberg before she joined Facebook. Other clients have been reported over the years, including Twitter cofounder Jack Dorsey, Microsoft CEO Satya Nadella, General Motors CEO Mary Barra, as well as Ryan Reynolds and Blake Lively.

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