Charles Brandes’s profile picture

Charles Brandes

Founder & Chairman, Brandes Investment Partners, L.P.
Charles Brandes’s profile picture
Net worth 2018: $1.23 Billion
Industry: Investments
Residence: San Diego, California
Country: United States
BirthDay: 1942
Children: 2
Education: Bachelor of Arts / Science, Bucknell University
BIOGRAPHY

Charles Brandes was bornon 1942 in San Diego, California, United States, is Founder & Chairman, Brandes Investment Partners, L.P.. Charles Brandes is #1807 in List Billionaires People In The World. A Wall Street veteran since 1968, Charles Brandes was drawn to value investing - the search for out of favor companies with the long term fundamentals to recover with a turn in the economy - after meeting Benjamin Graham, the value guru who penned The Intelligent Investor and other books. He founded Brandes Investment Partners in 1974, eventually managing over $100 billion in assets at the firm's 2007 peak. The firm's asset base has shrunk considerably since the financial crisis rocked global equities - as of Dec 2016, Brandes Investment Partners managed $28 billion. Brandes resides in San Diego, California, where his foundation supports the local symphony.

NET WORTH STATISTIC
2009

$1.2 Billion

2010

$1.5 Billion

2011

$1.3 Billion

2012

$1.3 Billion

2013

$1 Billion

2014

$1.1 Billion

2015

$1.15 Billion

2016

$1.1 Billion

2017

$1.2 Billion

2018

$1.23 Billion

TIMELINE
2003

Brandes published a well received book on his investment strategies in 2003 titled Value Investing Today (McGraw-Hill, ISBN 0-07-141738-9)

1986

Researching 1,000 companies between 1986 and 2002 whose price had fallen 60% over a twelve-month period, the study found that within three years of the decline 13% of the companies went bankrupt, but despite this that the portfolio as a whole gained in value by 18% over three years

1974

Brandes Investment Partners, which was started in 1974, currently has over $28

1965

In 1965, he graduated from Bucknell University with a bachelor's degree in economics

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