Mario Gabelli’s profile picture

Mario Gabelli

Mario Gabelli’s profile picture
Net worth 2018: $1.68 Billion
Industry: Investments
Residence: Greenwich, Connecticut
Country: United States
BirthDay: 19 June 1942
Sigh: Cancer
Children: 4
Education: Bachelor of Arts / Science, Fordham University; Master of Business Administration, Columbia Business School
BIOGRAPHY

Mario Gabelli was bornon 19 June 1942 in Greenwich, Connecticut, United States. Mario Gabelli is #1434 in List Billionaires People In The World. Mario Gabelli runs Gamco, a mutual fund and investment firm he founded in 1977. Gabelli's reputation for stock-picking took off in the 80s when he found success betting on the media and telecom sectors. In 1965 he graduated first in his class from the Fordham College of Business Administration. He was reportedly Wall Street's highest paid chief executive when he took home $85 million in 2013.

NET WORTH STATISTIC
2010

$1 Billion

2012

$1.1 Billion

2013

$1.35 Billion

2014

$1.65 Billion

2015

$1.7 Billion

2016

$1.4 Billion

2017

$1.5 Billion

2018

$1.68 Billion

That's my approach to life: Go where others fear to tread. Hell, I bought a Cadillac in the middle of the oil embargo.

Mario Gabelli
TIMELINE
2016

“This donation was an easy way to hitchhike on the Wiegand Foundation’s gift, and once we get there, we will look at another opportunity to help UNR,” Gabelli, said, referring to the fitness center’s anticipated opening in late 2016

2015

On October 17, 2015, Gabelli was honored by the National Italian American Foundation (NIAF) at their 40th Anniversary Gala in Washington, D

2014

At its annual dinner on October 7, 2014, the New York Society of Security Analysts awarded Mario J

2013

"On June 27, 2013 at the Foreign Policy Association's 95th Anniversary and Annual Dinner, Mr

2011

In 2011, a gift from Gabelli enabled the School of Business Administration to establish a new endowed professorship

2010

In 2010, he donated $25 million to Fordham University, the largest gift in the school’s history, for its undergraduate business program, known now as the Fordham University Gabelli School of Business

2008

9 million in 2008 at Gamco Investors, a 35% decrease compared to his 2007 compensation of $70

2006

On July 12, 2006, the suit was settled when the bidding entities reportedly agreed to pay $130 million to settle the allegations

2001

In 2001, whistleblower Rufus Taylor III filed a civil lawsuit against several companies owned by Gabelli, alleging fraudulent practices in FCC auctions between 1995 and 2000

2000

On January 10, 2000, Gabelli was inducted into the Barron's All-Century Team, their list of the most influential mutual fund industry portfolio managers

1999

In February 1999, the company went public selling 6 million shares, or about twenty percent of the common stock at $17

1997

In 1997, when ten Gabelli equity funds averaged a return of 31

1995

In 1995, the residence hall at 80 Commonwealth Avenue was named in honor of Mr

1991

Gabelli has been one of the program's most generous and ardent supporters since its inception in 1991

1988

By the end of 1988, Gabelli's firm had three mutual funds—two run by himself—with combined assets of $650 million

1986

Gabelli's first investment vehicle for the general public, The Gabelli Asset Fund, launched in March 1986 as a no-load fund requiring a minimum of $25,000 to invest

1981

By 1981, GAMCO had 81 accounts and was managing about $33 million

1980

Another media winner was Chris-Craft, whose BHC Communications achieved almost a sixfold pretax gain in income over six years in the 1980s and in the 1990s assembled its own network, United Television

1978

Between 1978 and 1985, Gabelli's portfolios outperformed the Standard & Poor's index of 500 stocks each year and more than doubled the results of this S&P index in five of those years

1976

Of the many awards he’s received throughout his 45-year career in the financial industry, which include the CCF award for Business and Education; the Ellis Island Medal of Honor for Business Leaders; the South Bronx Educational Foundation’s distinguished Public Service Award and the Sacred Heart University’s Discovery Award, presiding over the Columbus Day Parade on behalf of CCF, of which he’s been a member since 1976, is especially rewarding given Gabelli’s advocacy for academics and CCF’s legacy of supplementing the education of deserving students

1970

Despite the rocky economy and stagnant stock market or the late 1970s and early 1980s, Gabelli made money for his clients each year

1965

Gabelli won a scholarship and graduated from Fordham University summa cum laude in 1965

1961

Gabelli, the son of Italian immigrants, was born in The Bronx and went to Fordham Preparatory School, where he graduated in 1961

1951

The award was presented during the 51st Annual Trustee Dinner at the Waldorf Astoria in New York City and it exemplifies the college's mission of service, scholarship and value-based learning

1942

Mario Joseph Gabelli (born June 19, 1942) is an American stock investor, investment advisor, and financial analyst

1935

When Mario Gabelli leads the way down Fifth Avenue for the over 35,000 participants expected to march in the 68th annual Columbus Day Parade on Oct

1929

8, he’ll join a list of notable New Yorkers who have presided over the celebration as grand marshal that stretches back to its beginnings in 1929

1924

Gabelli was at the 24th annual Boston College Wall Street Council Tribute Dinner in New York City’s Waldorf-Astoria

0000

As an Association to Advance Collegiate Schools of Business (AACSB) accredited school - a distinction less than 5%of the world's 13,0000 business schools have earned in recognition for their academic programs - GSB hosts an active chapter of the Beta Gamma Sigma honor society as well as a chapter of the Delta Sigma Pi professional fraternity

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