Rank #455
Ron Baron
Net worth $8.0B
Money management · United States
- Born
- May 23, 1943
- Age
- 83
- Source
- Money management
- Residence
- New York, New York
- Citizenship
- United States
- Marital status
- Married
- Children
- 2
- Education
- Bachelor of Arts/Science, Bucknell University
Net worth over time
Biography
- Ron Baron is the CEO of Baron Funds, a money management firm he founded in 1982; it manages about $53 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 $4 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.