Name: William (Bill) Gross
Fortune: Self Made (Bonds)
Net Worth: 1.1 Billion
Industry: Finance
Billionaire World Rank: #698
Book: Bill Gross On Investing
Amazon.com Rate:
Price: $18.95 - Buy Now At Amazon.com
From Forbes:
"Navy stint in Vietnam. After M.B.A. from UCLA, became securities analyst at Pacific Life. Discovered how to make money with bonds: trade, don't buy and hold. Handed $10 million portfolio to manage 1973. Stellar returns justified $20 million bonuses in the 1980s. Bond division spun off to create Pimco. Public 1994. Sold to German insurance giant Allianz AG for $4.7 billion in 2000; personally made more than $400 million. As Pimco chief investment officer earns $40 million annual salary. Obsessively secretive: Kept second wife-to-be in the dark about wealth until they were engaged."
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