REUTERS/Jason Reed
William Gross, Manager of the world's biggest bond fund at Pacific Investment Management Co. (PIMCO) participates in the Obama administration's Conference on the Future of Housing Finance in the Cash Room of the Treasury Building in Washington, August 17, 2010.
- Bill Gross, the world's most famous bond investor, has a net worth calculated at around $1.5 billion, and would have easily a billion dollars more if not for a recent contentious divorce.
- For many years, Gross oversaw Pacific Investment Management Company's Total Return Fund, the largest bond fund on the planet.
- We compiled 16 of Gross' most memorable quotes over the years.
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Stories follow Bill Gross like rats to the Pied Piper. From the lurid details leaked about his 2018 divorce to record-setting sales of stamp collections to the ugly end to his time at Pacific Investment Management Company, his life has been a fascinating story to follow.
Before Gross was hailed as the "Bond King" and was managing PIMCO's Total Return Fund, the single biggest such fund in the world, he earned a degree in psychology from Duke University, saw combat multiple times in Vietnam, got an MBA from UCLA, and earned a living playing blackjack in Las Vegas.
Gross retired earlier this year at age 74 after his four-year tenure running a fund at Janus Henderson didn't live up to expectations.
While he may no longer be active in the business, Gross is still outspoken and highly visible, and has lots of memorable quotations from years past.
Here are 16 of the most brilliant quotes from Bill Gross: