Bill Ackman, founder and CEO of Pershing Square Capital Management.
Cameron Costa | CNBC
Ackman, who runs the Pershing Square Capital Management hedge fund, invested his personal money as an early backer of Coupang, CNBC first reported last Thursday on the firm’s NYSE debut.
Coupang, often called the Amazon of South Korea, saw its shares nearly double during its first trading day, before closing over 40% higher. The stock was up around 5% to $51 on Monday, valuing Ackman’s gifted 26.5 million shares at…