Age, Biography and Wiki

Cathie Wood (Catherine Duddy) was born on 26 November, 1955 in Los Angeles, California, U.S., is an American investor and businesswoman. Discover Cathie Wood's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is she in this year and how she spends money? Also learn how she earned most of networth at the age of 68 years old?

Popular As Catherine Duddy
Occupation CEO and CIO of ARK Invest
Age 68 years old
Zodiac Sign Sagittarius
Born 26 November 1955
Birthday 26 November
Birthplace Los Angeles, California, U.S.
Nationality United States

We recommend you to check the complete list of Famous People born on 26 November. She is a member of famous Founder with the age 68 years old group.

Cathie Wood Height, Weight & Measurements

At 68 years old, Cathie Wood height not available right now. We will update Cathie Wood's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Who Is Cathie Wood's Husband?

Her husband is Robert Wood (div.)

Family
Parents Not Available
Husband Robert Wood (div.)
Sibling Not Available
Children 3

Cathie Wood Net Worth

Her net worth has been growing significantly in 2023-2024. So, how much is Cathie Wood worth at the age of 68 years old? Cathie Wood’s income source is mostly from being a successful Founder. She is from United States. We have estimated Cathie Wood's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income Founder

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Timeline

1955

Catherine Duddy Wood (born November 26, 1955) is an American investor and founder, CEO and CIO of ARK Invest, an investment management firm.

1974

In 1974, Wood graduated from Notre Dame Academy in Los Angeles, an all-girls Catholic high school.

1977

In 1977, via her mentor Arthur Laffer, Wood got a job as an assistant economist at Capital Group, where she worked for three years.

1980

In 1980, she moved to New York City to take a job at Jennison Associates as chief economist, analyst, portfolio manager and managing director.

She worked there for 18 years.

In the early 1980s, she debated Henry Kaufman on why she believed interest rates had peaked.

1981

In 1981, Wood graduated summa cum laude from the University of Southern California, with a Bachelor of Science degree in finance and economics.

One of Wood's professors was economist Arthur Laffer, advisor to Presidents Ronald Reagan and Donald Trump, who became Wood's mentor.

1998

In 1998, along with Lulu C. Wang, Wood co-founded Tupelo Capital Management, a hedge fund based in New York City.

2001

In 2001, she joined AllianceBernstein as chief investment officer of global thematic strategies, where she worked for 12 years, managing $5 billion.

2007

She was criticized for performing worse than the overall market during the 2007–2008 financial crisis.

2014

In 2014, after her idea for actively managed exchange-traded funds (ETFs) based on disruptive innovation was deemed too risky by AllianceBernstein, Wood left the company and founded ARK Invest.

The company is named after the Ark of the Covenant; Wood was reading the One-Year Bible at the time.

ARK's first four ETFs were seeded with capital from Bill Hwang of Archegos Capital.

Her funds have had mixed results over the years, and have been called rollercoaster rides.

For the 10 years ended December 31, 2023, Morningstar ranked ARK Invest Funds as the worst "wealth destroyer" family of funds, based on the "decline in assets in dollar terms, after excluding inflows or outflows."

2017

Her flagship ARK Innovation Fund ETF has received accolades for its performance in 2017, 2020 and 2023, but is also considered by Morningstar to be the third highest "wealth destroyer" investment fund from 2014–2023.

Wood was born in Los Angeles, the eldest child of Gerald and Mary Duddy, immigrants from Ireland.

Wood's father served in the Irish Army and the United States Air Force as a radar systems engineer.

2018

She was divorced from Robert Wood, who died in 2018.

She has three children.

Wood is a devout Christian.

In 2018, she donated funds to her high school to start the Duddy Innovation Institute, which encourages girls to study disruptive innovation.

Wood is a proponent of Bitcoin and other cryptocurrencies and has an allocation of 25% of her net worth in bitcoin as of 2024.

2020

In 2020, her flagship ARK Innovation (ARKK) exchange-traded fund (ETF) was the top-performing global equity fund with at least $1 billion of assets, and Wood was subsequently named the best stock picker of 2020 by Bloomberg News editor-in-chief emeritus Matthew A. Winkler.

In 2023, ARKK was the top-performing actively traded U.S. diversified ETF.

However, ARKK fell 24% in 2021 and, in the first quarter of 2022, it was the worst performer among equity funds covered by Morningstar, Inc. For the 10 years ended December 31, 2023, it generated a 122% return, less than half of the Nasdaq-100's 330% return.

The annual returns for ARKK, according to Morningstar:

Wood was selected for the inaugural 2021 Forbes 50 Over 50; made up of entrepreneurs, leaders, scientists, and creators who are over the age of 50.

Wood lives in St. Petersburg, Florida.

During the 2020 election, she warned that Joe Biden's plan of taxation and regulation would stifle innovation.