Morning Coffee: A Goldman Sachs VP who left for Millennium aged 27 is making billions from a beach. The family office with nice smelling staff

Glen Scheinberg lives on Dorado Beach and he is making large pots of gold. Both experiences almost certainly beat working for Goldman Sachs in New York City. Bloomberg reported yesterday that two pods at hedge fund Millennium , one run by circa 38 year-old Scheinberg and one run by circa 39 year old Pratik Madhvani, made $3.7bn in profits last month. As we noted in December , the two men are Millennium's top portfolio managers. They are thought to run combined teams totalling at least 50 people.