Who is Bill Gross?
Bill Gross is a renowned bond investor who co-founded the Pacific Investment Management Company (PIMCO), and he is often dubbed the “Bond King.” Gross authored the influential books Bill Gross on Investing, Everything You’ve Heard About Investing Is Wrong! and I’m Still Standing.
Key Achievements:
- Bill Gross co-founded Pacific Investment Management Company, PIMCO, earning the title “Bond King.”
- He significantly changed the market by creating the first investable market for fixed-income securities accessible to all street investors.
- Gross is also a successful stamp collector and the primary benefactor of the William H. Gross Stamp Gallery at the Smithsonian National Postal Museum.
Early Life and Education
Bill Gross was born on April 13, 1944, in Middletown, Ohio. He obtained a bachelor’s degree in psychology from Duke University in 1966 and went on to serve in the United States Navy during the Vietnam War. As a young man, Gross took risks by gambling and counting cards at poker tables before starting his career as an investment analyst at Pacific Mutual Life in Los Angeles. In 1971, he founded Pacific Investment Management Company (PIMCO) in Newport Beach, California, alongside friends Jim Muzzy and Bill Podlich.
Transforming PIMCO
Bill Gross earned his title
Related Terms: fixed-income securities, institutional investors, investment strategies, philanthropy.
References
- forex.in.rs. “Who is Bill Gross? – Bill Gross Biography”.
- Financial Times. “Bill Gross”.
- PIMCO. “Our Firm”.
- Investment News. “Bill Gross Speaks Out on Pimco Exit, Vow to Regain Crown at Janus Capital Group”.
- Financial Times. "‘Bond King’ Gross in Sudden Exit from Pimco After 43-Year Reign".
- Smithsonian National Postal Museum. “William H. Gross Stamp Gallery-About the Stamp Gallery”.
- The New York Times. “2 Collectors Set to Swap Rare Stamps”.
- Celebrity Net Worth. “Billionaire Bill Gross Sells Stamp Collection for Record $10 Million Price”.
- Wall Street Journal. “Bill Gross Retiring from Janus”.
- The Guardian. “Bill Gross: ‘Bond King’ Who Learned Risk at Vegas Blackjack Tables”.
- Smithsonian National Postal Museum. “William H. Gross Stamp Gallery”.
