Cathie Wood Net Worth

TLDR: Cathie Wood is an important figure in the finance industry and is the founder and CEO of ARK Invest, a prominent investment firm in the US. Cathie has an estimated net worth of $350 million, based on her personal and professional investments.

Who is Cathie Wood

Cathie Wood is a prominent figure in the investment world, and the CEO and CIO of ARK Invest, a global asset management firm she founded in 2014. She earned a degree in Finance and Economics from the University of Southern California before embarking on her career. Cathie gained experience at multiple renowned financial institutions, such as Jennison Associates and AllianceBernstein, before venturing out to establish ARK.

ARK's unique approach to investment involves actively managed ETFs (Exchange-Traded Funds), which concentrate on disruptive innovation across various sectors, including technology, healthcare, energy, and more. Her keen eye for disruptive technologies has led her to support and invest in groundbreaking companies such as Tesla, Square, and Roku.

Under her guidance, ARK Invest has achieved notable success, with assets under management (AUM) surpassing $50 billion as of 2021, it is currently $14 billion in 2023. Cathie Wood's achievements have earned her numerous accolades, including being named on the Bloomberg 50 list of influential people and Barron's list of the 100 Most Influential Women in U.S. Finance.

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What is Cathie Wood’s net worth in 2023?

Cathie Wood has an estimated net worth of $350 million as of 2023. This figure stems from her income as the CEO of ARK Invest, which has experienced remarkable growth in recent years. This, plus her individual investments in the stock market including her Tesla and Roku shares. Although her net worth may seem significant, this is lower than her all-time high net worth in 2022 which peaked at $500 million.

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How did Cathie Wood become wealthy?

She has amassed her fortune by focusing on disruptive innovation through actively managed ETFs in sectors such as technology, healthcare, and energy. Her keen eye for identifying and investing in high-growth companies, such as Tesla, Square, and Roku, has propelled ARK Invest's success. Her unique investment approach, combined with her active presence on social media, has earned her recognition and accolades in the finance industry, significantly contributing to her wealth accumulation.

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What stock does Cathie Wood hold the most of?

A substantial portion of her personal investments lies in Tesla, the electric car manufacturer. It has been a significant fraction (around 12%) of ARK Invest's long-term portfolio. Other key assets in ARK's investment portfolio are Zoom, Square, and Roku. ARK Invest's ETFs also maintain prominent stakes in groundbreaking businesses spanning genomics, robotics, and cloud technology including CRISPR Therapeutics, and Exact Sciences Corp. Visit Ark Invest to learn more about what assets are held in each ETF.

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How to follow Cathie Wood on social media

Cathie is known for her active presence on social media platforms, particularly Twitter, where she shares her insights, analysis, and investment predictions with a broad audience. Her openness to engage with the public has further solidified her reputation as a prominent figure in the financial sector. She can currently be followed on YouTube, Twitter, and LinkedIn.

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Bottom Line

Cathie Woods forward-thinking and innovation-focused investment strategy has significantly impacted the industry, positioning her as a strong leader in the world of finance. She has a current estimated net worth of $350 million as of 2023, this is based on her financial investments personally and professionally.