Bloomberg Billionaires Index

View profiles for each of the world’s 500 richest people, see the biggest movers, and compare fortunes or track returns.

#544 Ken Fisher $3.63B

Random fact: Initially went to college to study redwood forestry.

Overview

Fisher is the founder and chairman of Fisher Investments, the closely held investment adviser that had $77 billion of assets under management as of March 31, 2017. The company provides advice to about 35,000 high net worth individuals and more than 175 institutional clients with offices in the U.S., U.K. and Germany.

As of July 28, 2017:
Last change +$8.34M (+0.2%)
YTD change -$138M (-3.7%)
Industry Finance
Biggest asset Fisher Investments
Citizenship United States
Age 66
Wealth Self-made
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Ken Fisher's net worth of $3.63B can buy ...

0
troy ounces of gold
0
barrels of crude oil

... and is equivalent to ...

0%
of the GDP of the United States
0%
of the total wealth of the 500 richest people in the world
0%
of the top 100 U.S. college endowments
0%
of the top 200 U.S. executives’ total awarded compensation
0%
of U.S. existing home sales
0
times the median U.S. household income

Latest News

Net Worth Summary

Cash
Private asset
Public asset
Misc. liabilities
Confidence rating:

Fisher owns all of closely held Fisher Investments, according to the billionaire. It's valued using the average price-to-assets under management multiple of three publicly traded peer companies: IGM Financial, Sprott and Eaton Vance. Fisher Investments has $77 billion of assets under management at March 31, 2017, according to its website.

The billionaire said he didn't know what his company is worth and that he had no plans to sell it in a phone interview with Bloomberg News on May 18, 2016.

Biography

Birthdate: 11/29/1950
Family: Married, 3 children
Education: 1972, Humboldt State University, Bachelor's Degree

Fisher was born in San Francisco, California in 1950. His father, Philip, wrote one of the first investment books to appear on the New York Times best-seller list, according to his obituary in the paper. From a young age Ken was interested in history and forestry, and enrolled at Humboldt State University to study redwood trees, according to the school. He graduated with a degree in economics in 1972.

Fisher founded Fisher Investments, an investment advising firm, with roughly $250 in 1979, according to Investopedia. He published his first book, "Super Stocks," in 1984. The book popularized the price-to-sales ratio, a common tool for investment analysis.

Fisher Investments advises more than 35,000 individuals and 150 institutions and has more than $71 billion of assets under management as of Sept. 30, 2016, according to its website.

He lives in Woodside, California with his wife.

Milestones
  • 1950 Fisher is born in San Francisco, California.
  • 1958 Published Common Stocks and Uncommon Profits.
  • 1972 Graduates from Humboldt State University.
  • 1979 Founds Fisher Investments.
  • 1984 Publishes first book, "Super Stocks."
  • 2007 Publishes book "The Only Three Questions That Count."
  • 2014 Celebrates 30-year anniversary at Forbes.
  • 2016 Steps down as CEO of Fisher Investments.