Cathie Wood’s net worth 2024: Cathie Wood is an American investor and businesswoman. Curious to learn more about Cathie Wood? Read on as we take you through Cathie Wood’s biography, age, height, family, house, personal life, education, income, salary, earnings, and net worth. You’ll also learn how Cathie Wood made her fortune as a bonus.
Biography and Net Worth of Cathie Wood
Full Name | Catherine Duddy Wood |
Date of Birth | November 26, 1955 |
Age | 68 Years |
Profession | Businessperson |
Height | 5 ft 6 in (1.68 m) |
Nationality | American |
Source of Wealth | Business |
Annual Income | $60 Million |
Net Worth | $250 Million |
Last Updated | September 2024 |
Cathie Wood is an American investor and businesswoman with an estimated net worth of $250 million. Wood is best known as the founder, CEO and CIO of Ark Invest, an investment management firm. Through her firm, Wood has investments in innovations like self-driving cars, techs, and genomics.
Cathie Wood has over the years been named as one of America’s richest self-made women. Cathie Wood has made quite a fortune over the course of her career. Read on as we explore Cathie Wood’s income, salary, earnings, and net worth.
Early Life: Age, Parents, Siblings & Ethnicity
Catherine Duddy Wood was born on November 26, 1955, in Los Angeles, California, United States. Her father served in the Irish Army and the United States Air Force as a radar systems engineer. There is no available information regarding her mother. Wood is of Irish descent.
Education
Cathie Wood attended Notre Dame Academy, in Los Angeles, graduating in 1974. Thereafter, she enrolled at the University of Southern California, where she graduated with a Bachelor of Science degree in finance and economics, in 1981.
Career
Cathie Wood started her career as an assistant economist at Capital Group in 1977. In 1980, Wood moved to New York City, where she worked as chief economist, analyst, portfolio manager and managing director at Jennison Associates. Wood worked at the firm for 18 years.
In 1998, Wood along with Lulu C. Wang co-founded Tupelo Capital Management, a hedge fund based in New York City. Thereafter, she joined AllianceBernstein as chief investment officer of global thematic strategies, in 2001. She worked at the firm for 12 years, managing $5 billion in assets.
In 2014, she left AllianceBernstein to found Ark Invest, hoping to package active stock portfolios in an ETF format. The company’s first four ETFs were seeded with capital from Bill Hwang of Archegos Capital.
She was named the best stock picker of 2020 by Bloomberg News editor-in-chief emeritus Matthew A. Winkler.
In February 2021, the Ark Innovation ETF assets under management peaked at more than $60 billion. However, it experienced a sharp decline to $16 billion by the end of April 2021.
Personal Life: Husband & Children
Cathie Wood was married to Robert Wood, who died in 2018. Wood has three children: Caitlin, Caroline, and Robert. Wood is a devout Christian.
Social Media Profile: Instagram, Twitter, Facebook & TikTok
Cathie Wood has an impressive number of fans on her social media pages where she shares a bit of her personal life and work-related stuff. Cathie Wood has over 206,000 Instagram followers. Wood has over 1.4 million Twitter followers.
View this post on Instagram
Cathie Wood Net Worth, Salary and Earnings 2024
As of September 2024, Cathie Wood has an estimated net worth of $250 million. Wood earns her wealth from her investing and business career. Cathie Wood has an annual income of $60 million which is accrued through her numerous investments in innovations like self-driving cars, techs, and genomics.
Summary
Cathie Wood is an American investor and businesswoman with an estimated net worth of $250 million. Wood is best known as the founder, CEO and CIO of Ark Invest, an investment management firm. Through her firm, Wood has investments in innovations like self-driving cars, techs, and genomics.