The current Cathie Wood net worth in 2022 is approximately $250 million.
Cathie Wood founded ARK Investment Management, LLC which focuses on disruptive innovation and offers investment solutions to investors seeking long-term growth in the publicly traded markets. Wood created ARK in 2014 with the idea to package active stock portfolios in an ETF format. Wood’s flagship Ark Innovation Fund has returned an average of +26.15% annually over its life. Ark invest offers many different types of exchange traded funds targeting different technology and geographic sectors. ARK has total assets under management (AUM) of $60 billion.
Ms. Wood has four decades of investment experience in the finance industry. Her focus as a portfolio manager is solely on publicly traded companies that have new cutting edge technology and business models that have an edge over the competitors in their market. She looks for companies that are changing the world through their innovative technology and leading to new consumer experiences and behavior.
ARK uses a research process to search for and identify companies that are leading and benefiting from cross-sector innovations such as cryptocurrencies, artificial intelligence, robotics, energy storage, DNA sequencing, and blockchain technology.
She studied economics at USC under Art Laffer, the inventor of the Laffer Curve, which theorizes the tie between tax rates and tax revenue. Wood is an outspoken evangelist of Elon Musk’s Tesla. She predicts the electric car company will someday be valued at over $3 trillion.