Bill Gross Net Worth

How much is Bill Gross Worth?

in Richest BusinessmenWall Street
Net Worth:
$2.3 Billion

Bill Gross net worth and salary: Bill Gross is an American investor who has a a net worth of $2.3 billion. Bill Gross first gained national attention as the co-founder of Pacific Investment Management (PIMCO). Gross is one of the most well known financial managers in the world. Today he is a fund manager for the Janus Capital Group. He was born in Middletown, Ohio, on April 13, 1944. His father, Sewell M. Gross, was a sales manager for AK Steel Holding, and his mother, Shirley, was a homemaker. He grew up as a Presbyterian, and graduated from Duke University with a degree in psychology, in 1966. In college, he was part of the Phi Kappa Psi. He later joined the Navy and went on to receive an MBA from the University of California, in Los Angeles, in 1971.

Bill has written two popular-market books on investing, "Bill Gross on Investing", and "Everything You've Heard About Investing is Wrong." He had a short career in Las Vegas, as a blackjack player, and used many of his gambling methods for spreading risk and calculating odds in his business investment decisions. He is an avid stamp collector and he recently purchased the former home of actress Jennifer Aniston, for a reported $42 million. In 2005, he formed a complete collection of 19th century United States postage stamps. He is only the third person to do so. As one of the world's largest mutual fund managers, his focus is mostly on bonds. He has been called "the nation's most prominent bond investor" by the New York Times. In September 2008, after lobbying for the Federal takeover of Fannie Mae and Freddie Mac, Bill Gross netted $1.7 billion, due to holding large positions in agency backed mortgage bonds of Fannie Mae and Freddie Mac.

Bill Gross Net Worth

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Bill Gross

Bill Gross

Entrepreneur
Nicknames
William H Gross
Profession
Entrepreneur, Investor
Date of Birth
1944-04-13
Nationality
United States of America
All net worths are calculated by applying a proprietary algorithm. The results are then fact checked and confirmed by a team of editors. We scan all publicly available data and resources and work diligently to ensure that our numbers are the most accurate and up to date net worth data you will find anywhere on the internet.
Articles Written by Brian Warner
Prior to launching Celebrity Net Worth, Brian spent seven years as the Managing Editor of one of the largest entertainment portals on the internet. Before that, Brian attended Georgetown University where he double majored in finance and marketing. A native of Northern California, Brian currently resides in Los Angeles. Follow him on Google+.
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