The current Cathie Wood net worth in 2021 is approximately $400 million.
Cathie Wood founded the ARK Investment Management, LLC which focuses solely 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 almost 45% annually over the previous five years. Ark invest offers many different types of exchange traded funds targeting different technology and geographic sectors. It has 282 clients and assets under management (AUM) of $55,094,588,754 as of 6-30-2021
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 are more advanced than the competitors in their industry. She looks for companies that are changing the world through their technology and leading to new consumer behavior.
ARK uses an open research process to seek out and identify companies that are leading and benefiting from cross-sector innovations such as 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 outspken evangelist of Elon Musk’s Tesla. She predicts the electric car company will someday be valued at over $3 trillion.