Billionaire Bill Ackman Has $1.3 Billion Invested in This AI Stock -- and Wall Street Says Buy It Hand Over Fist

Core Insights - Bill Ackman's net worth is approximately $9.3 billion, primarily earned through successful investments rather than inheritance. His hedge fund, Pershing Square Capital Management, manages over $19 billion in assets [1] - As of June 30, 2025, Pershing Square's portfolio consists of only 11 stocks, with a significant investment of $1.3 billion in an AI stock that is highly recommended by Wall Street [1] Group 1: Ackman's AI Investments - Pershing Square previously held three AI stocks before Q2 2025, with Uber Technologies being the largest holding at over 20% of the portfolio. The fund also owns both share classes of Alphabet [3] - In Q2, Ackman initiated a new stake in Amazon, acquiring approximately 5.82 million shares valued at around $1.3 billion. This decision was influenced by the company's long-standing admiration and its AI opportunities [4][5] - Ackman believes that AI will drive greater cloud adoption, which will benefit Amazon Web Services (AWS) and potentially accelerate its revenue growth [5] Group 2: Wall Street's Perspective on Amazon - Amazon is favored by Wall Street, with a survey of 68 analysts showing that 20.5% rated it as a "strong buy" and 75% as a "buy," leaving only three analysts recommending a hold [6] - The consensus 12-month price target for Amazon indicates a potential upside of 17%, with the most optimistic analyst projecting a 35% increase in share price over the next year [7][8]