Jeffrey Gundlach’s profile picture

Jeffrey Gundlach

CEO, DoubleLine Capital
Jeffrey Gundlach’s profile picture
Net worth 2018: $1.86 Billion
Residence: Los Angeles, California
Country: United States
BirthDay: 30 October 1959
Sigh: Scorpio
Education: Bachelor of Arts / Science, Dartmouth College
BIOGRAPHY

Jeffrey Gundlach was bornon 30 October 1959 in Los Angeles, California, United States, is CEO, DoubleLine Capital. Jeffrey Gundlach is #1284 in List Billionaires People In The World. 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.

NET WORTH STATISTIC
2015

$1.1 Billion

2016

$1.4 Billion

2017

$1.6 Billion

2018

$1.86 Billion

TIMELINE
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

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

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

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

2006

But that kind of sounds like what subprime sounded like back in 2006,” Gundlach said

1981

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

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

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