$2 Billion         |         Rank #1729

Who is David Booth

His former professor Eugene Fama authored the efficient markets hypothesis, which argues that it’s impossible to consistently beat the market.
In light of Fama’s research, Booth eschewed stock picking and focused on offering investors low-cost, passive mutual funds.
Dimensional manages more than $600 billion in assets, most of which is steered via hand-vetted financial advisors.
In May 2018, Booth joined the Giving Pledge and committed to donate over half of his wealth to charity. Coming from an average or middle class family, David Booth is one those great persons who have stormed their way to the billionaires list on their own. And currently ranks at 1729 on billionaires list making him one of the wealthiest ever persons on the planet. He is currently 76.0 years old. As of today, David Booth’s net worth is approximately 2 Billion.

Facts about David Booth

To find out what is David Booth Net Worth, how he got there and what is David Booth Salary Per Day, Career, Biography and Childhood details, continue reading below.

Background of David Booth

David Booth was born on 01-01-46 in United States. In 2008, Booth donated $300 million to the University of Chicago, which is still the largest gift in its history. Booth paid $4.3 million for James Naismith’s original rules of basketball, written in 1891, which is now displayed at the University of Kansas. Being raised in the same country, David Booth spent most of his time in Texas in the city of Austin.

David Booth net worth is estimated at 2 Billion Billion to date.

Professional Journey

David Booth is currently working as Chairman and CEO at the world famous Dimensional Fund Advisors. You will see him often in social media.  When David Booth cofounded Dimensional Fund Advisors in 1981, he began a decades-long experiment in applying academic theory to real-world investing. There was a time when he would have embraced the change that was coming.  He is one of the persons who are always trending in news. In 2008, Booth donated $300 million to the University of Chicago, which is still the largest gift in its history. In his youth, he was adventurous but unknown, but that was years ago. His former professor Eugene Fama authored the efficient markets hypothesis, which argues that it’s impossible to consistently beat the market.
In light of Fama’s research, Booth eschewed stock picking and focused on offering investors low-cost, passive mutual funds.
Dimensional manages more than $600 billion in assets, most of which is steered via hand-vetted financial advisors.
In May 2018, Booth joined the Giving Pledge and committed to donate over half of his wealth to charity. He learnt to find the excitement that came with change. That curiosity had long left him to where he had come to loathe anything that put him out of his comfort zone. When David Booth cofounded Dimensional Fund Advisors in 1981, he began a decades-long experiment in applying academic theory to real-world investing.
It is to be noted that David Booth is one of the selfmade billionaires in the world and stands at 1729 in most wealthy persons in the world.

FAQs

Here are a few most frequently asked questions about David Booth:

How much is David Booth worth?

David Booth’s net worth is estimated to be 2 Billion.

How old is David Booth?

David Booth was born on 01-01-46, and is currently 76.0 years old.

What is David Booth source of income?

David Booth acquires most part of his wealth from mutual funds.
 

Concluding David Booth Net Worth

Currently with a net worth of 2 Billion, David Booth stands at 1729 in the world billionaires list. And draws most of his wealth from mutual funds. Hope you like this information about David Booth. If you like this, then please share it with your friends. This above post is all about the estimated worth of David Booth. Do you have any queries? Feel free to ask via comment section.

Disclaimer: Please keep in mind that this is an estimated net worth of David Booth. Actual worth may vary a little. You can always get information by checking out Leaktown.com.