Jeffrey Gundlach Doubleline Bio Wiki Age Height Wife Cnbc Predictions and Net Worth
Jeffrey Gundlach is a noted American businessman, investor, and philanthropist. He founded DoubleLine Capital, an investment firm. Before, he was the head of the $9.3 billion TCW Total Return Bond Fund. He was on the 50 Most Influential list of Bloomberg Markets magazine in 2012. In addition, he donated $42.5 million to Albright–Knox Art Gallery in Buffalo, New York in 2016.
He was born in Amherst, New York, in theUnited Stateson October 30, 1959. Gundlach is64 years oldand celebrates his birthday every year on October 30.
He is a man of average stature. Gundlach stands at a height of5 ft 7 in( approx. 1.7m ).
He was born in Amherst, New York, in the USA to his loving parents. Gundlach holds American nationality. He is the son ofCarol and Arthur Gundlachwho was a chemist for Pierce and Stevens Chemical Corp.
He was married to Nancy Draper. Nancy was a bassist in his former band, “Radical Flat” previously known as “The Greens. The two were married for more than 20 years before Nancy filed for divorce from Gundlach in 2010.
He is an educated man who graduated from Dartmouth College with a summa cum laude in math and philosophy in 1981. Gundlach then joined Yale University for a Ph.D. in mathematics before dropping out.
Gundlach was accused of diluting ex-partners’ shares of TCW Group Inc in July 2023. He is now battling accusations that he did something similar to executives who helped him build his $96 billion bond giant. Moreover, some former limited partners and related trusts allege in legal filings that the firm and its founder used a lowball estimate to value their shares.
He currently resides in Los Angeles, California, but also owns a home in Buffalo. On April 10, 2023, his house was involved in the death of one person. He bought the house in 2017 and in 2018 he received approval to build a caretaker’s residence and garage behind the house. Moreover, the police stated that the death was a suicide
He appeared in an interview with CNBC on July 26, 2023, he joined ‘Closing Bell’. He discussed the Fed’s decision to raise rates by 25 bps, recessionary signals relating to the yield curve de-inversion, and also signals that core PCE moving down to 3% in the upcoming month. The video is available on Cnbc’s YouTube account.
Bill Gross and Gundlach predict an imminent US recession as surging interest rates strangle growth, ‘Bond Kings’. Gross and Gundlach are billionaire investors who share the “Bond King” nickname and are sounding the recession alarm. In March 2023, he predicted the S&P 500 index will trade down to 3,200.
The firm offers commingled fund solutions for non-US investors, overseen by the DoubleLine portfolio management team.
He appeared in an education podcast appeared on Tony Robbins podcast at a recent Platinum Financial event for a candid conversation about the current markets and the upcoming political and financial landscape. He also covers a potential asset allocation breakdown.
He said in June 2023, that it looks increasingly likely the U.S. will tip into a recession. Gundlach said the best way to navigate the extreme volatility in financial markets is right as the high-yield bond market is vulnerable to the recession but its quality is better than at any time in decades.
He surveyed different segments of equities, fixed income, and commodities. He points out a throw over (44:33) of the S&P 500 versus emerging markets (EM) equities and attractive spreads of EM bonds versus the dollar.
In February 2023, he explained how the Consumer Price Index (CPI) is a flawed measurement of the day-to-day impact of inflation at Yahoo Finance.
He first worked as the head of the $9.3 billion TCW Total Return Bond Fund. For the 10 years, he finished in the top 2% of all funds invested in intermediate-term bonds. In 2009, he was fired by TCW as they later sued each other and went to a jury trial in California. It was alleged that Gundlach stole trade secrets while Gundlach sued over compensation claims where he was awarded $66.7 Million.
In December 2009, he founded DoubleLine Capital in Los Angeles, California after was fired by TCW along with Philip Barach and 14 senior members. Doubleline came from a painting by Piet Mondrian called Double Line. Oaktree Capital Management invested $20 million in DoubleLine for a 20% stake. DoubleLine moved its headquarters from Los Angeles to Tampa, Florida due to its tax laws in February 2022. DoubleLine was managing $50 billion as of November 2012.
Gundlach is a 64-year-old American businessman, investor, and philanthropist who founded DoubleLine Capital. From his firm, he has attained decent wealth having a net worth of$2.2 Billion as of 2023.
No. He was married to Nancy Draper. Nancy was a bassist in his former band, “Radical Flat” previously known as “The Greens. Nancy filed for divorce from Gundlach in 2010.
He is 64 years old born in Amherst, New York, in the United States on October 30, 1959.
Gundlach is a 64-year-old American businessman, investor, and philanthropist. He founded DoubleLine Capital, an investment firm. Before, he was the head of the $9.3 billion TCW Total Return Bond Fund. He was on the 50 Most Influential list of Bloomberg Markets magazine in 2012. In addition, he donated $42.5 million to Albright–Knox Art Gallery in Buffalo, New York in 2016.
Twitter – @TruthGundlach
