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Bill Gross

Birthday, Height, Age, Net Worth, Biography & Facts

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Bill Gross’s Birthday Highlights

Birth Name

Bill Gross

Eye Color

Blue

Place Of Birth

Ohio, USA

Age

78 years old

Birth Date

April 12, 1944

Star Sign

Pisces

Bill Gross Facts

Child Star?

No

Occupation

Investor

Net Worth

$1.6 billion

Current Partner

Sue J. Frank

Children

Jennifer Gross, Nick Gross, Jeff Gross

Parents

Sewell Mark Gross, Shirley Gross

Height

1.8m (6"")

Nationality

American

Chinese Year

Year of the Monkey

Annual Earnings

$200 million+ per year

About Bill Gross

Bill Gross was born on April 13, 1944, in Iowa.

He is the founder and co-chief investment officer of PIMCO along with William Podlich and James F. Muzzy. His firm manages more than $1 trillion across various bond accounts as well as co-managing exchange-traded funds (ETF).

Bill Gross retired from actively managing his fund in 2014 to focus on writing and speaking engagements about the economy. He later announced that he would be returning to active management at Janus Henderson, a company that has PIMCO as its subsidiary overseeing nearly $300 billion.

He has a degree in psychology from Duke University and an MBA from University of California, Los Angeles.

 He joined PIMCO when he was 27 years old after working at a mutual fund company in Vancouver, British Columbia. Bill Gross started managing temp money in the form of government securities until 1978 when he began running all the funds under PIMCO's management which totaled $1 billion.

In 1981, Bill Gross founded Pacific Investment Management Company (PIMCO) with two other partners (John Loomis and Bruce Karsh who are no longer involved). In 1998, Bill gross became the sole CEO when Loomis and Karsh left.

Bill Gross's books, 'The Age of Deleveraging', 'The Clash of the Cultures: Investment vs. Speculation' became New York Times bestselling books.

Bill Gross is number one on Forbes' list of the highest-earning hedge fund managers for 2018 with an estimated $290 million in earnings.

Bill Gross Net Worth, Earnings & Spending Habits

What is Bill Gross’s net worth?

Bill Gross over time got his credentials when he was in PIMCO.

As a fund manager and bond investor in PIMCO, he managed the return fund worth $293 million. Bill had the expertise to manipulate inefficiencies in the market. Before his retirement, he took many investment decisions and made sure that PIMCO was elevated with new technologies, derivatives, and the internet. Bill Gross has a net worth of $1.6 billion.

How much does Bill Gross earn per year?

According to Gross, in the financial markets, there are many variables, credit ratings, yields, the measure of risk, maturities, and duration. Bill was retired in 2019 and now he handles his own investments. Lately, he earned in millions betting against GameStop. Bill Gross earns approximately 200 million per year.

Height, Age & Physical Attributes

How tall is Bill Gross?

He is 6 ft (182.88 cm) tall. He is still very health conscious and does not like to skip his 90 minutes workout, and he makes sure to maintain a flexible diet.

How old is Bill Gross?

Bill was born on April 13, 1944. He is 78 years old and despite his age, he is quite active. Bill was seen participating in yoga and other mild exercises.

Childhood And Education

Bill Gross, when he was 10, with his family relocated to San Francisco from Presbyterian.

In 1966 he completed his graduation in psychology from Duke University. In the university, he became a part of Phi Kappa Psi and during 1966-1969 he was an assistant chief-engineer in the Navy. He got the Tet combat and Vietnam active service ribbons. In 1971 from UCLA Anderson School of Management he completed his MBA degree. In the beginning of his career, he participated in a casino banking game, Blackjack in Las Vegas and Nevada.

Family, Romance And Relationships

Who is Bill Gross’ partner?

Bill Gross's love life has been a matter of discussion over time because he was married three times.

First Bill Gross and Pamela Roberts got married in 1968 but later they got a divorce. Jeff and Jennifer are their children. In 1985 Bill Gross and Sue J. Frank got married and together the couple has a son, named Nick. In 2018 their divorce was finalized. In early 2021 he got married to Amy Schwartz. Back in 2017 they met because of a mutual friend and started dating.

Career And Professional Highlights

Best Known For…

As the co-founder of PIMCO, Bill became quite well known as an American investor, fund manager, and investment analyst.

In 2014 he quit as a partner and started his career with Janus Henderson. His responsibility was to manage the global macro bond fund. In 2015 he took PIMCO to court for wrongful dismissal and everything was resolved for $81 million in early 2017.

Charity Work

Bill Gross is recognized as quite a philanthropist among private investors over time for donating millions.

Bill made a contribution of $23 million for financial aid to Duke University. The profit of $9.1 million, which he gained from his British philatelic collection at Shreves Philatelic Galleries auction, he gave to Doctors Without Borders. He handed out $20 million to Hoag Memorial Hospital Presbyterian and Cedars-Sinai Medical Center, for each. It was for the under-privileged patients and new medical developments.

The profit he got by selling his Scandinavian and Finnish stamps, he gave it to Columbia University for the Millennium Villages Project. He was a benefactor to Mercy Ships. He gave $20 million for building Global Mercy and for the reconstruction of Africa Mercy. Bill Gross's Family Foundation contributes $20 million each year to non-profit authorities for underprivileged children. During the coronavirus pandemic, they collected $1.5 million worth of relief funds. They became one of the participants in the Giving Pledge on 26th January 2020.

What awards has Bill Gross Won?

Bill Gross became a pioneer in the investment industry and over time he won various awards.

In 2010 he received a distinguished service award from the Bond Market Association. In 2011 He was honored with the Money Management Lifetime Achievement Award from the Institutional Investor Magazine.

Bill Gross’ Hobbies and Interests

You may not know some facts about Bill which did not get much media coverage because just as some renowned personalities he does not share much personal information.

Bill Gross is a yoga practitioner. He also is passionate about stamp collecting. He invested $3 million to get every US stamp available in the market. Part of his collection was worth $500,000. In his early career, he used to play blackjack professionally, and made $10,000 from a $200 investment with his mathematical prowess.

Other Interesting Bill Gross Facts And Trivia

  • In 2015 Bill took legal actions against PIMCO where the executives were accused of a conspiracy of using their power and greed for their self-interest. In 2017 a settlement was arranged between them.
  • Bill bought a $32 million worth 10,000 sq ft (0.0009290304 sq km) oceanfront mansion in Laguna Beach and apparently in 2018 it was recognized as the third most expensive home sale. They have ocean frontage, a private access cove, and a beach.
  • The CEO of the data center development company Nextfort Ventures, Mark Towfiq, and spouse Carol Nakahara were sued by Gross and Amy.
  • Later Mark countersued them for an art installation because their ocean view was blocked by that and they got to know that Bill did not have any permits for this kind of installation, which led him to violate city codes unknowingly.
  • Bill could manipulate the market and when he migrated from PIMCO to Janus, the share price of Janus were dramatically increased by 43%. But he could not find his way to success like PIMCO. Bill retired from Janus in early 2019 with a letter to the investors where he mentioned the 40 years of his investment journey and how important clients were from him.
  • As he is born in April, his sun sign is Aries.

We would love your help! If you have a photo of Bill Gross, either of them alone or a selfie that you would be happy to share, please send it to [email protected].
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