Age, Biography and Wiki

Michael Larson was born on 1 October, 1959 in Sacramento, California, US, is an American money manager (born 1959). Discover Michael Larson's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 65 years old?

Popular As N/A
Occupation N/A
Age 65 years old
Zodiac Sign Libra
Born 1 October 1959
Birthday 1 October
Birthplace Sacramento, California, US
Nationality United States

We recommend you to check the complete list of Famous People born on 1 October. He is a member of famous manager with the age 65 years old group.

Michael Larson Height, Weight & Measurements

At 65 years old, Michael Larson height not available right now. We will update Michael Larson'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

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
Sibling Not Available
Children Not Available

Michael Larson Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Michael Larson worth at the age of 65 years old? Michael Larson’s income source is mostly from being a successful manager. He is from United States. We have estimated Michael Larson'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 manager

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Timeline

1959

Michael Larson (born October 1959) is an American money manager.

He is the chief investment officer for the Bill & Melinda Gates Foundation, and Bill Gates' personal fortune through Cascade Investment.

Larson was born in Sacramento, California in October 1959.

He was raised in Albuquerque, New Mexico and spent his summers in North Dakota.

Larson attended Valley High School in Albuquerque.

He graduated from high school in two years and was recruited to West Point, the Coast Guard Academy, and the Merchant Marine Academy.

He was also accepted at the University of Washington and Claremont McKenna College.

Larson was only 16 when he graduated high school and could not attend the Coast Guard Academy until he was 18.

He decided to attend Claremont McKenna and graduated in three years with a degree in economics.

Larson subsequently earned an MBA from the University of Chicago at the age of 21.

After receiving his MBA from the University of Chicago, Larson went to work for ARCO doing mergers and acquisitions.

After a few years, Larson moved to Boston to work for Putnam Investments managing bond funds.

After two years, Larson left Putnam to run his own fund.

While trying to buy a Chicago-based money management firm, Larson received a call from a head hunter to work for Bill Gates.

The head hunter had heard of Larson from a few investors in Tacoma, Washington.

1994

He assumed the role in 1994.

In 1994, Larson and his wife moved to Seattle.

Larson called the investment shop Cascade Investment because the generic name would allow him to operate in the market without drawing attention.

1996

In 1996, he later hired Alan Heuberger, a fellow graduate of Claremont McKenna College.

Larson originally managed $11.5 billion of the Gates fortune and foundation but that has swelled tremendously over the years as Gates sells his Microsoft stock.

Although an actual statement isn't released, it's believed that Larson manages well over $80 billion year to date.

This number includes the Bill & Melinda Gates Foundation and Gates's personal wealth.

Cascade is a diversified investment shop, although there is an emphasis on real estate private equity managed by the subsidiary, Los Arboles Management.

Larson was a student of Professor Jerry St. Dennis while at Claremont McKenna College.

Larson convinced St. Dennis To come out of retirement in order to act as an advisor to Larson.

Before teaching at Claremont McKenna College, St. Dennis was Assistant Secretary to the Treasury under Ronald Reagan and was Chairman and CEO of California Federal Bank.

Larson regularly attends the Allen & Company Sun Valley Conference.

He is Chairman of the Board of Directors at Western Asset and has been a member of the Board of Directors at Teledesic, Pan American Silver, Ecolab, Hamilton Lane, FoodTrader.com, Republic Services and AutoNation.

Larson has served on the Board of Trustees at Claremont McKenna College, Lakeside School and the United Negro College Fund.

He has served as the Chair of the Investment Committee at the University of Washington.

1999

Larson has and continues to operate under the radar with the exception of a rare interview with Fortune in 1999.

When Larson started at Cascade, informally known as BGI (Bill Gates Investments), he was the only employee.