Allan Gray’s profile picture

Allan Gray

Allan Gray’s profile picture
Net worth 2018: $1.94 Billion
Residence: Hamilton, Bermuda
Country: South Africa
BIOGRAPHY

Allan Gray was born in Hamilton, Bermuda, South Africa. Fiercely private Allan Gray founded his eponymous Cape Town-based investment management firm Allan Gray Limited in 1973. It is the largest privately-owned asset manager in South Africa, overseeing $35 billion in assets. Gray started the company after earning his MBA from Harvard and spending eight years at Fidelity Investments in the U.S. He founded another asset manager, Orbis Investment Management, in 1989 in Bermuda, now his primary residence. Orbis manages some $30 billion. In 2005, Gray founded the Allan Gray Orbis Foundation with a personal gift of $130 million; the foundation, which provides grants for secondary and tertiary education to emerging business leaders, also receives 7% of the taxed profits of Allan Gray Limited. In December 2015, Gray announced that he will eventually donate the bulk of his wealth to charity. According to a letter to his shareholders, Gray has transferred control of Allan Gray Limited and Orbis to the Allan & Gill Gray Foundation where dividends will be used for charity.

NET WORTH STATISTIC
2014

$1.3 Billion

2015

$1.55 Billion

2016

$1.6 Billion

2017

$1.8 Billion

2018

$1.94 Billion

TIMELINE
Allan Gray is a name that may refer to:
(4.3/177 votes)
Related Person
David Booth’s profile picture
David Booth
Net Worth is $1.65 Billion
Jean Salata’s profile picture
Jean Salata
Net Worth is $1.65 Billion
Thomas Steyer’s profile picture
Thomas Steyer
Net Worth is $1.62 Billion
Lirio Parisotto’s profile picture
Lirio Parisotto
Net Worth is $1.61 Billion
Brian Higgins’s profile picture
Brian Higgins
Net Worth is $1.6 Billion
O. Francis Biondi’s profile picture
O. Francis Biondi
Net Worth is $1.6 Billion