Cathie Wood Net Worth September 2024

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Cathie Wood Net Worth

Nick Schmidt

Nick Schmidt is a co-founder of TraderLion and Deepvue with over 10 years of market experience. Since 2017, he has dedicated himself to providing top-quality educational material for investors and traders. Adopting a “less is more” philosophy, he focuses on weekly charts with an emphasis on price and volume.

March 11, 2022

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Cathie Wood Net Worth

Cathie Wood’s Net Worth is estimated to be $250 million.

If you are into finance and investing, then you would have probably heard the name, Cathie Wood.

Haven’t you?

A self-made power woman. An economist. A rock-star stock picker and investor. An entrepreneur and founder of ARK Investment Management, LLC, an American investment management firm worth $60 billion.

Early Life & Career

What did Cathie Wood do before Ark? Wood began her four-decade-long career in Capital Group in 1977 as an economist. After three years, she switched to Jennison Associates and worked there for eighteen years till 1998.

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Just before the turn of the century, she set up a hedge fund, Tupelo Capital Management.

She later joined AllianceBernstein as Chief Investment Officer (CIO) in 2001 and eventually resigned as the company did not pursue her idea of starting an exchange-traded fund (ETF) of disruptive companies.

This very idea, later on, became the backbone of ARK, a company she founded in 2014, and for which she is currently serving as the Chief Executive Officer (CEO) and CIO.

Age

Cathie is 67 years old. Cathie Wood’s birthday is November 26, 1955, and she was born in Los Angeles, California.

Strategy

Cathie Wood’s investing strategy focuses heavily on innovative growth stocks. Among the cutting-edge technologies, Cathie is on the lookout for are those in the fields of Genotyping, automation, AI, fuel cells, and cryptocurrency.

While she has her own style, her investing methodology can be related to the roots of CANSLIM based on how she picks her stocks.

Wood advises that you must always have conviction in your research in order to succeed. In order to achieve success in your work, she advises you to dream big. Keeping your eye on the prize is the best course of action.

ARK Invest

Her company, ARK invests primarily in innovative technology companies revolutionizing the world and providing the ultimate customer experience. From the electric car, blockchain, cryptocurrencies, and artificial intelligence to robotics, DNA sequencing, renewable energy, and energy storage, ARK, under the leadership of Cathie Wood, focuses on them all.

Bitcoin

As with other crypto investors, Cathie Wood believes that Bitcoin’s current market value will easily rise. According to Cathie, if significant corporations were to integrate Bitcoin on their balance sheets, the price would skyrocket.

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Frequently Asked Questions

Cathie Wood is a self-made economist, investor, and entrepreneur, known for being the founder of ARK Investment Management, an American investment management firm worth $60 billion.

Cathie Wood’s net worth is estimated to be $250 million.

Wood began her career at Capital Group in 1977 as an economist, later worked at Jennison Associates for eighteen years, founded hedge fund Tupelo Capital Management, and served as the Chief Investment Officer at AllianceBernstein.

Cathie Wood was born on November 26, 1955, in Los Angeles, California, and is currently 67 years old.

Cathie Wood’s investing strategy focuses heavily on innovative growth stocks in fields such as genotyping, automation, AI, fuel cells, and cryptocurrency. Her methodology has similarities to the CANSLIM approach.

Wood advises having conviction in your research, dreaming big, and keeping your eye on the prize to achieve success in investing.

ARK Investment Management is an American investment management firm founded by Cathie Wood in 2014, focusing on investing in innovative technology companies revolutionizing the world and providing exceptional customer experiences.

ARK Invest focuses on technologies such as electric cars, blockchain, cryptocurrencies, artificial intelligence, robotics, DNA sequencing, renewable energy, and energy storage.

Cathie Wood believes that Bitcoin’s market value will easily rise, and if significant corporations integrate Bitcoin into their balance sheets, the price would skyrocket.

While Cathie Wood has her own unique investing style, her methodology can be related to CANSLIM based on how she selects stocks, focusing on innovative growth stocks with strong fundamentals.

Cathie Wood and ARK Invest are interested in industries such as genomics, automation, artificial intelligence, fuel cells, and cryptocurrencies.

Cathie Wood’s background in economics and investment has shaped her focus on innovative growth stocks, strong research, and conviction in her investments, which are the foundation of ARK Invest’s investment strategy.