Bill Gross

$2.01 B

Ranked #2013 in World

About Bill Gross

Renowned American investor William "Bill" Gross, famed for co-founding PIMCO and managing one of the world's largest mutual funds, has had an illustrious finance career punctuated by strategic market insights. Born on April 13, 1944, Graduate from Duke University and UCLA, and a former Navy engineer, Gross later became an investment authority, advising during the 2008 crisis. Retiring in 2019, Gross is also an avid philanthropist, author, and respected stamp collector.

Born

April 13, 1944 in Middletown, Ohio, U.S.

Age

81 years

Source Of Wealth

Investments

Industries

Finance & Investments

Citizenship

United States

Residence

Laguna Beach, California

Education

Master of Business Administration, Anderson School of Management; Bachelor of Arts/Science, Duke University

Spouse

Amy Schwartz Gross

Children

William Hunt "Bill" Gross, the renowned American investor and fund manager, was born on April 13, 1944, in Middletown, Ohio. Growing up in the Midwest, Gross developed a strong work ethic and a passion for learning, which would later shape his successful career in the financial world.

Bill Gross: Family

Gross has been married three times and has three children. Despite his professional achievements, he values his family life and has made significant efforts to balance his career with his personal responsibilities.

Bill Gross: Career Highlights

Gross's career is marked by several notable achievements. He co-founded Pacific Investment Management Co. (PIMCO) and managed its Total Return fund, which became the world's largest bond fund with almost $293 billion in assets. Known as the "Bond King," Gross controlled more bond money than anyone else at PIMCO and advised the Treasury on the role of subprime mortgage bonds during the 2008 financial crisis.

Bill Gross: Companies

Gross's primary association is with PIMCO, where he co-founded the company and managed its flagship Total Return fund. After leaving PIMCO in 2014, he joined Janus Capital Group (now Janus Henderson), where he continued his successful investment strategies.

Bill Gross: Major Achievements

Gross's major achievements include his ability to identify and exploit inefficiencies in markets, as well as his ability to adjust his strategies as PIMCO grew. He is widely recognized for his expertise in bond investing and his influence on the financial industry.

Bill Gross: Awards & Achievements

Gross has received numerous awards and accolades throughout his career. He has been recognized by Institutional Investor magazine as the "Money Manager of the Year" and has been inducted into the Fixed Income Analysts Society Hall of Fame. His books on investing have also been well-received and have become popular resources for investors.

Bill Gross: Personal Life & Legacy

Outside of his professional life, Gross is known for his philanthropic efforts.

He has made significant donations to various institutions, including Duke University, Doctors Without Borders, Hoag Memorial Hospital Presbyterian, University of California, Irvine, Cedars-Sinai Medical Center, Mercy Ships, and the Smithsonian National Postal Museum. He has also signed the Giving Pledge, committing to donate the majority of his wealth to charitable causes.

Bill Gross: Trivia

Gross is an avid stamp collector and has donated millions of dollars from stamp auctions to various charities. He is also a passionate amateur golfer and has played in a foursome with Tiger Woods. Politically, he is a registered Republican but has donated to both Democratic and Republican candidates.

Wealth History

Timeline

April 13, 1944

William Hunt "Bill" Gross is born in Middletown, Ohio.

1966

Gross graduates from Duke University with a degree in psychology.

1966-1969

Gross serves in the Navy as an assistant chief engineer aboard the USS Diachenko.

1971

Gross earns an MBA from the UCLA Anderson School of Management.

1971-1976

Gross works as an investment analyst for Pacific Mutual Life and earns his CFA Charter.

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Gross briefly plays blackjack professionally in Las Vegas, Nevada.

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Gross co-founds PIMCO and manages its Total Return fund, once the world's largest bond fund.

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Gross becomes known as the "Bond King" and manages one of the world's largest mutual funds, focusing on bonds and fixed income investments.

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Gross controls more bond money than anyone in the world at PIMCO and advises the Treasury on the role of subprime mortgage bonds during the 2008 financial crisis.

September 2014

Gross leaves PIMCO and joins Janus Capital Group (now Janus Henderson).

February 2019

Gross announces his retirement from Janus Henderson Investors and active fund management.

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Gross has been married three times and has three children.

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Gross is a prominent stamp collector and has donated millions of dollars from stamp auctions to various charities.

N/A

Gross is a passionate amateur golfer and has played in a foursome with Tiger Woods.

N/A

Gross is a registered Republican but has donated to both Democratic and Republican candidates.

N/A

Gross is a philanthropist and has made significant donations to various institutions, including Duke University, Doctors Without Borders, Hoag Memorial Hospital Presbyterian, University of California, Irvine, Cedars-Sinai Medical Center, Mercy Ships, and the Smithsonian National Postal Museum.

2018

Gross forms the William, Jeff, and Jennifer Gross Family Foundation to coordinate his philanthropic activities.

January 26, 2020

Gross signs the Giving Pledge, committing to donate the majority of his wealth to charitable causes.

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Gross is the author of two popular-market books on investing: "Everything You've Heard About Investing Is Wrong!" and "Bill Gross on Investing."

Bill Gross : FAQs

What is Bill Gross's current net worth?

Bill Gross's current net worth is $2.01 billion.

What is Bill Gross's current global rank among billionaires?

Bill Gross holds the 2013th position globally among billionaires.

What is Bill Gross's current ranking within the United States?

Bill Gross holds the 664th position in United States.

What was the change in Bill Gross's net worth compared to the previous year?

Bill Gross's net worth increased by 341 million dollars compared to the previous year 2025, when his net worth was 1.67 billion dollars.

What are Bill Gross's main sources of wealth?

Bill Gross's main source of income comes from Investments.

In which industry does Bill Gross primarily operate?

Bill Gross is primarily involved in the Finance & Investments industry.

What is Bill Gross educational background?

Bill Gross holds a Master of Business Administration from Anderson School of Management and a Bachelor of Arts/Science from Duke University.

How old is Bill Gross?

Bill Gross is 81 years old.

How many children does Bill Gross have?

Bill Gross has 3 children.

Who is William Hunt 'Bill' Gross and what is he famous for?

William Hunt 'Bill' Gross, often known as 'Bill' Gross, is an American investor and renowned fund manager, most notable for co-founding Pacific Investment Management Co. (PIMCO). He is recognized for being the 'Bond King' and playing a significant role in the management of one of the world's largest mutual funds focused on bonds and fixed income investments.

What is Bill Gross's background in education and early career?

Bill Gross was born on April 13, 1944, in Middletown, Ohio, and graduated from Duke University in 1966 with a degree in psychology. He served in the Navy from 1966 to 1969, earned an MBA from the UCLA Anderson School of Management in 1971, and obtained his CFA Charter while working as an investment analyst.

What are some of Bill Gross's contributions to the financial industry?

Bill Gross co-founded PIMCO, managed its Total Return fund which became the world's largest bond fund, and was known for controlling more bond money than anyone else at PIMCO. He also advised the Treasury during the 2008 financial crisis and has written two popular-market books on investing.

Has Bill Gross engaged in any philanthropic activities?

Yes, Bill Gross is a committed philanthropist. He has made significant donations to various institutions and formed the William, Jeff, and Jennifer Gross Family Foundation. He also signed the Giving Pledge, committing to donate the majority of his wealth to charitable causes.

When did Bill Gross retire from active fund management?

Bill Gross announced his retirement from active fund management and from his position at Janus Henderson Investors in February 2019.