Peter Adamson, 47, a well-regarded money manager who pioneered the use of hedge funds in the 1980s, family office investments in the 1990s and currently serves as billionaire Eli Broad’s chief investment officer, has landed a job with the family office Oprah Winfrey is setting up to manage her billions. Adamson is reportedly Winfrey's first hire and is seen as a coup for the media mogul, worth an estimated $2.4 billion.

Adamson began his career as a McKinsey consultant after graduating from Stanford Graduate School of Business in 1988. Broad made his fortune in real estate with K.B. Home and later founded SunAmerica. Winfrey, worth an estimated $2.4 billion, in January is set to launch the Oprah Winfrey Network, a joint venture with Discovery Communications.