Jeffrey Gundlach Net Worth

Jeffrey Gundlach was born on October 30, 1959 in Los Angeles, California, United States, is CEO, DoubleLine Capital. Bond-trader extraordinaire Jeffrey Gundlach spent decades helping Los Angeles' TCW build its fixed-income business only to be kicked out in 2009. That prompted him to start cross-town rival DoubleLine Capital with 40 other former employees, amidst a barrage of sordid allegations and lawsuits. With financial backing from earlier TCW refugees Howard Marks and Bruce Karch of Oaktree Capital, DoubleLine has become the fastest-growing mutual fund start-up in history and now has over $100 billion under management. Buffalo native Gundlach studied math and philosophy at Dartmouth and then Yale, but gave up the pursuit of a doctorate in 1985 to be the drummer in a punk rock band and then answered a classified ad to get into investments. Gundlach is known for his arrogance and bold calls--having correctly predicted the housing crash in 2007 and the decline of interest rates in 2013 and 2014. He is passionate about modern art with an extensive collection of works by artists including Warhol, Mondrian and Rauschenberg.
Jeffrey Gundlach is a member of Finance and Investments

Age, Biography and Wiki

Who is it? CEO, DoubleLine Capital
Birth Day October 30, 1959
Birth Place Los Angeles, California, United States
Age 61 YEARS OLD
Birth Sign Scorpio
Residence Los Angeles, California
Alma mater Dartmouth College Yale University
Occupation Bond-fund manager
Employer DoubleLine Capital LP
Spouse(s) Nancy Draper (div.)

💰 Net worth: $2.18 Billion (2021)

2015 $1.1 Billion
2016 $1.4 Billion
2017 $1.6 Billion
2018 $1.86 Billion

Some Jeffrey Gundlach images

Biography/Timeline

1959

Jeffrey Gundlach was born on October 30, 1959 and is a native of Amherst, New York, where his Father was a Chemist for a bowling alley. He is a graduate of Dartmouth College where he graduated summa cum laude in math and philosophy in 1981, and attended Yale University for a Ph.D. in theoretical mathematics before dropping out.

2009

In 2009, shortly after his firing from TCW, Gundlach founded Doubleline, along with Philip Barach and 14 other members of Gundlach's senior staff from TCW. Barach was Gundlach's co-manager of the $12 Billion TCW Total Return bond fund. In a February 2011 cover story, Barron's called him the "King of Bonds."

2010

He was married to Nancy Draper, a Bassist in his former band, "The Greens," who filed for divorce from Gundlach in 2010 after being married for more than 20 years. He currently lives in Los Angeles, California.

2011

However, since March 2011, the ratings of California General Obligation bonds improved from A- to AA- by Standard and Poors and from A1 to Aa3 by Moody's. In 2012, he was included in the 50 Most Influential list of Bloomberg Markets Magazine.

2012

Gundlach's Santa Monica home was burgled in his absence in September 2012 and several pieces of art were taken along with some wine, five designer watches, cash and a prized 2010 red Porsche Carrera 4S. Some days after the theft, Gundlach added to a $200,000 "overall" reward a $1 million reward for the Piet Mondrian painting amongst the missing and a $500,000 reward for the Jasper Johns. The total value of the stolen property was put at $10 million at the time. Within weeks, a tip led to the recovery of the art works and arrests of suspects in the theft. The rewards—with the one for the Mondrian being termed a record for a single art work—were being said to have played a role in the recovery though no determination of payment had been made. The Porsche was still missing.

2016

In 2016, Gundlach agreed to donate $42.5 million to Albright–Knox Art Gallery in Buffalo, New York, as part of their capital campaign and expansion project. The gift represents the city’s largest cultural gift from an individual, according to museum Director Jann. The Gallery will be renamed the Buffalo Albright-Knox-Gundlach Art Museum, or Buffalo AKG Art Museum for short.