Ron Baron
$6.5B
Born
May 23, 1943
Age
82
Source of Wealth
Money management
Residence
New York, New York
Citizenship
United States
Marital Status
Married
Children
2
Education
Bachelor of Arts/Science, Bucknell University
- Ron Baron is the CEO of Baron Funds, a money management firm he founded in 1982; it manages about $45 billion.
- The buy-and-hold investor's flagship fund, Baron Growth, has an annual turnover of less than 1.5% and net assets of about $6 billion.
- Baron owns one of the biggest estates in the Hamptons, which he assembled from 2001 to 2009 at a total cost of $152 million. It's worth much more now.
- The son of an engineer (dad) and purchasing agent (mom) for the federal government, Baron wanted to be a doctor but didn't get into medical school.
- Baron became a securities analyst in 1970 and named his dog Big Mac after one of his first successful stock recommendations.
- To help pay for college, Baron worked as a cabana boy, lifeguard, water-ski instructor and ice cream truck driver.
- John F. Kennedy's rocking chair and Babe Ruth's 1920 Yankees contract are two pieces of memorabilia in Baron's Manhattan office.
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