Thomas Bailey
$1.3B
Born
Jan 01, 1937
Age
88
Source of Wealth
Money management
Residence
Aspen, Colorado
Citizenship
United States
Marital Status
Divorced
Children
2
Education
Bachelor of Arts/Science, Michigan State University; Master of Business Administration, University of Western Ontario
- Thomas Bailey's fortune comes from mutual fund giant Janus, which he founded in Denver in 1969.
- Bailey sold his 12% stake in Janus to its parent, Stillwell Financial, for $1.2 billion (pretax) in 2001-2002.
- Janus had two decades of remarkable returns, but its funds began losing money in the early 2000s.
- He served as the CEO of Janus for 33 years until 2002 and as chairman through 2003.
- A Michigan State graduate who worked on Wall Street before moving to Denver, he spends his time fly-fishing and breeding horses.
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