Cathie Wood Biography, Age, Family, Spouse, Kids, Height, and Net Worth.

Who is Cathie Wood?

Catherine Duddy Wood is a famous American investor and the founder, CEO, and CIO of Ark Invest, an investment management firm. The firm is worth $60 billion (assets) and invests in innovations such as self-driving cars and genomics.

In 1977 through her mentor and formerly her professor at University, Arthur Laffer, Wood got a job as an assistant economist at Capital Group. She worked at Capital Group for three years. Cathie later moved to New York City to take a job at Jennison Associates as chief economist, analyst, portfolio manager, and managing director in 1980. Wood served there for 18 years and she debated Henry Kaufman on why she believed interest rates had peaked in the early 1980s.

How old is Cathie Wood?

Aged 65 as of 2020, Catherine Duddy was born on November 26, 1955, in Los Angeles, California, U.S. She shares her birthday with famous people such as DJ Khaled, Rita Ora, Olivia O’Brien, Matt Carpenter, Mike Gossin, Chris Hughes, Peter Facinelli, among others.

Cathie Wood Family

Who are Wood’s parents?

Born in Los Angeles, Wood is the oldest child in a family of immigrants from Ireland. Her parents’ names are not known to the public as she has not revealed them to the media. Her father worked in the Irish Army and the United States Air Force, later becoming a successful radar system engineer. Wood’s father was very detail-oriented and pushed her to discover connections between things.

Does Cathie have siblings?

It is known that Catherine was born as the eldest in the family, but it is not known how many siblings she has. This is because she tends to keep her personal life private and away from the media.

Cathie Wood Education

Catherine attended and studied at Notre Dame Academy in Los Angeles, an all-girls Catholic high school, and graduated in 1974. She graduated summa cum laude from the University of Southern California, with a Bachelor of Science degree in finance and economics in 1981. One of her professors was economist Arthur Laffer, who later became her mentor.

Cathie Wood Interests

Wood was a supporter of Donald Trump’s presidential re-election in 2020. She also has a large following on Reddit and is a devout Christian.

Cathie donated money to her high school in 2018, to begin the Duddy Innovation Institute, which encourages girls to study disruptive innovation.

Cathie Wood Spouse

Catherine was married to Robert Wood but later divorced. He later died in 2018 and they had three children together.

Cathie Wood Kids

Woods and her ex-husband, late Robert Wood have three children together. They have two daughters, Caitlin Wood, and Caroline Wood, and a son Robert Wood.

Cathie Wood Residence

Wood presently lives in Wilton, Connecticut, the United States with her children.

Cathie Wood Height

Investor Wood has a fit body figure with a standing height of 5 ft 6 in (1.65 m) and a body weight of 55 kg (121 lbs).

Cathie Wood Career

Together with Lulu C. Wang, Wood co-founded Tupelo Capital Management, a hedge fund based in New York City in 1998. She joined AllianceBernstein as chief investment officer of global thematic strategies in 2001. She worked there for 12 years managing $5 billion. During the financial crisis of 2007-2008, she was criticized for performing worse than the overall market. Wood’s idea for actively managed exchange-traded funds based on disruptive innovation was deemed too risky by AllianceBernstein in 2014. After this, she left the company and founded Ark Invest.

Wood named the company, Ark Invest after the Ark of the Covenant; she was reading the One-Year Bible at the time. ARK’s first four ETF funds were funded with capital from Bill Hwang of Archegos Capital. Bloomberg News editor-in-chief emeritus Matthew A. Winkler named Wood as the best stock picker of 2020. She is recognized for making bold predictions. Wood obtained considerable media attention in February 2018 after stating on CNBC that she believed Tesla stock could attain a price of $4,000 in five years. This was a 1,100% increase from its price at that time and reiterated the claim in May 2019 after its price dropped 29%.

As Wood’s statement was widely criticized at the time, Tesla’s price reached her target on a split-adjusted basis two years early in January 2021. She said she believed bitcoin could attain a price of $500,000 in November 2020. Two funds run by Cathie were on the list of the 10 largest female-run funds by total net assets as of March 2021. She was chosen for the inaugural 2021 Forbes 50 Over 50; consisting of leaders, entrepreneurs, scientists, and creators who are over the age of 50.

Cathie Wood Net Worth

The known American female investor and CEO and CIO of Ark Invest, Wood has an estimated net worth of $250 million as of 2021.